Unlocking the Trends: Insights into TON Staking Rewards

This report dives into the key factors driving staking rewards and APR trends on the TON (The Open Network) blockchain, highlighting how network growth and performance have shaped staking returns in 2024. 

Key takeaways include:

• APR Trends and Forecast: The staking APR on TON has ranged between 3% and 8% in 2024, starting high, declining in mid-year, and stabilizing at 5.3% over the last three months. Looking ahead to Q1 2025, the APR is projected to increase slightly to 5.8% due to sustained current levels of network activity and reducing block times.
• Rapid Growth in Staked TON: The total staked TON has grown from 450M TON at the start of 2024 to nearly 700M TON, spreading rewards over a larger pool and contributing to a lower average APR.

• Reward Sources:some text
  • Daily Issuance: Driven by block times, issuance has varied from 30,000 TON/day in June to over 75,000 TON/day in late 2024, directly impacting APR.
  • Transaction Fees: Stakers earned between 10,000 TON and 50,000 TON/day in transaction fees, with fee spikes driving short-term APR surges.
• Block Time Dynamics: Congestion events, like the DOGS memecoin spike in August, slow block production, reducing issuance but increasing transaction fees—a critical driver of APR volatility.

As TON staking continues to grow and block times stabilize, APR is expected to improve, potentially providing stakers with steady and rewarding opportunities in the months ahead.

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Download the report to read the insights.

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