At GetBlock, we’re dedicated to helping startups and established projects scale. As a proud supporter of the TON Nest program, GetBlock provides grants and infrastructure to the TON ecosystem builders with innovation in mind. One of these projects is UTONIC, the first revenue-sharing restaking protocol on TON.
Yasmin, UTONIC’s Marketing Manager, joined GetBlock for an AMA session to discuss their journey, unique features, and plans for the future. This recap highlights key insights valuable for TON builders, enthusiasts, or those curious about the DeFi space.
Introduction: What is UTONIC?
Peter, GetBlock: Could you introduce UTONIC? What inspired its creation, and how does it stand out from other restaking protocols?
Yasmin, UTONIC: UTONIC is the first revenue-sharing restaking protocol designed for TON and Telegram’s massive user base of over 1 billion.
Our triple-yield approach is pretty unique: It combines native staking yield, restaking yield from AVS, and farming yield from Layer-2 chains or other DeFi protocols (StonFi, DeDust, bemo, etc).
We also support a wide range of assets: TON, tsTON, and stTON, providing retail users with many ways to maximize their earnings.
P: What are the key components of UTONIC’s architecture, and how do they ensure security and scalability?
Y: UTONIC’s architecture includes Actively Validated Services (AVS), which allow users to secure their staked assets with additional enforcement rights. Users can monitor services, report issues, and ensure integrity through a rewards/slashing mechanism.
This helps ensure that participants in the network – wallets, bridges, or oracles – behave responsibly and securely.
Why build on TON?
P: Why did you choose to build on TON among all the other blockchains? How does restaking on TON differ from other blockchains?
Y: First, we saw a lot of potential for TON, especially given the large ecosystem of Telegram mini-apps that haven’t fully integrated with the blockchain. UTONIC bridges this gap by creating yield opportunities for TON-based application users.
TON’s user base is mostly retail participants, and UTONIC simplifies DeFi access for them with rewards and seamless integration. At the same time, we aim to attract institutional participants by meeting stricter standards for security and decentralization through our AVS solutions.
How UTONIC works: User experience and incentives
P: How does UTONIC work for users? Can you explain the staking and unstaking process?
Y: Restaking and unstaking your TON tokens with UTONIC is incredibly simple. Just visit our website or Telegram mini-app and connect your wallet. If you hold TON, stTON, or tsTON, you can easily restake your tokens with triple yields.
Unstaking may take up to three days, as we verify the security of your assets. Additionally, users earn UP (UTONIC Points), and we plan to allocate 50% of our native token supply to the community.
P: Can you elaborate on the benefits of using UTONIC platform or using uTON tokens?
Y: By holding uTON, users unlock triple benefits:
- Staking yield: Native yield from TON staking with around 3.6% APR.
- Restaking yield: Shared revenue from AVS security services, ranging between 5%-15% APR.
- Farming yield: Incentives from TON DeFi protocols, Layer-2, dApps, and our native token rewards.
Holding uTON also boosts users’ eligibility for airdrops and community rewards.
Building trust and value
P: Your project has a pretty cool name! Is there a story behind it?
Y: Funny enough, the name UTONIC comes from soda. Just like a refreshing soda gives you a boost of energy, UTONIC is designed to energize the DeFi space and enhance user experiences delivering higher yields to our community.
P: And while we’re at it, what's your approach to marketing?
Y: We focus on serving our users first and foremost. Our goal is to provide real value through innovative solutions that empower users to maximize their returns. We believe the more our users grow, the more our ecosystem thrives.
It’s all about building trust, delivering consistent value, and making sure our community feels like they’re part of something bigger.
Partnerships and integrations
P: What partnerships and tech integrations have helped you scale and innovate?
Y: Our partnerships fall into three categories:
AVS partners: We work with DuckChain side chain, or protocols like bemo, HashKey Cloud, and other partners to secure DeFi operations. The more AVS integrations we have the more yield users can get.
DeFi protocols: Integrations with DEXs, liquidity staking protocols, and lending platforms to expand use cases for uTON across various protocols.
Security-centered collaborations: We cooperated with projects like TonBit to address vulnerabilities in the TON ecosystem. For example, by combining MPC and AVS technology, UTONIC decentralizes private key storage and enhanced asset security.
UTONIC goals and plans for 2025
P: Could you share your roadmap for 2025 and spotlight some nearest plans?
Y: This year we’re integrating tgBTC as a new restaking asset to extend the utility of BTC derivative assets. This will allow users to maintain Bitcoin security while earning yields across different protocols, including lending and liquidity mining. For this, we will cooperate with more DeFi protocols.
Our overall goal is to expand opportunities for TON and BTC holders, strengthen TON’s ecosystem, and invite more users to the ecosystem!
