🔒
TON Validator Penalties & Effect on Hipo Stakers
Starting
Monday, September 9, TON will begin penalizing poorly performing validators. This move aims to make the TON blockchain more
secure and
stable, pushing validators to operate with higher quality.
For more about why the TON community is enforcing penalties and how they work,
check this post.
But what does this mean for Hipo stakers?
💡
Short answer: Absolutely NOTHING!
Unlike other liquid staking protocols, Hipo operates
on-chain and in a
fully decentralized way. Here’s why Hipo stakers are protected:
1️⃣
Decentralized Validator Selection: Hipo uses an auction model to choose the best validators, offering the highest returns to stakers. This decentralized model prevents centralization and allows any validator to participate.
2️⃣
Risk-Free Staking: Validators must provide the penalty cost upfront. If a validator fails, the penalty is covered by the validator—not the stakers. Your TON is secure, and validators are motivated to perform their best.
💎 With Hipo, trust lies in
smart contracts, not promises. Our protocol
automatically selects the best validators, so you don’t have to worry about who’s managing your staked TON.
🌟 This change will improve the network, and
Hipo stakers won’t be impacted by validator penalties.
👉 For more details, check our
latest blog post.
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