How to Earn Interest on TON with Lido Finance: Step-by-Step Guide

Unlock Passive Income: Earn Interest on TON via Lido Finance

Lido Finance revolutionizes crypto staking by letting you earn compound interest on assets like TON (The Open Network) while maintaining liquidity. Unlike traditional staking that locks your tokens, Lido issues stTON (staked TON) tokens representing your deposit, which automatically accrue rewards and can be traded or used in DeFi. This guide walks you through the exact steps to start earning interest on TON through Lido’s secure, non-custodial platform.

Step 1: Understand TON Staking Basics

Before starting, grasp these key concepts:

• Liquid Staking: Lido pools your TON with other users’ to stake with validators, issuing stTON tokens that grow in value as rewards accumulate.
• Reward Mechanism: Earn 3-7% APY paid daily via rebasing (your stTON balance increases automatically).
• Minimums & Fees: No minimum deposit; Lido charges 10% on staking rewards as a service fee.

Step 2: Set Up a TON-Compatible Wallet

You’ll need a non-custodial wallet supporting TON blockchain:

• Recommended Wallets: Tonkeeper, MyTonWallet, or Trust Wallet
• Setup Process:
  1. Download your chosen wallet from official sources
  2. Securely store your 24-word recovery phrase offline
  3. Fund your wallet with at least 0.05 TON for transaction fees

Step 3: Acquire TON Tokens

Buy TON from exchanges if you don’t already hold it:

• Top Exchanges: OKX, Bybit, KuCoin, or decentralized platforms like STON.fi
• Transfer to Wallet: Withdraw TON to your self-custody wallet address (always do a test transaction first)

Step 4: Connect to Lido’s TON Staking Interface

1. Visit Lido’s official TON staking page (app.lido.fi/ton)
2. Click “Connect Wallet” and select your wallet provider
3. Authorize the connection in your wallet pop-up

Security Tip: Bookmark Lido’s URL and double-check domain authenticity to avoid phishing sites.

Step 5: Stake Your TON Tokens

1. Enter the amount of TON you want to stake
2. Review the estimated APY and fees
3. Click “Stake” and confirm the transaction in your wallet
4. Wait 1-3 minutes for confirmation

You’ll immediately receive stTON tokens in your wallet at a 1:1 ratio to your initial deposit.

Step 6: Track and Compound Rewards

• Automatic Rewards: Your stTON balance increases daily, reflecting earned interest
• Track Progress: Use Lido’s dashboard or wallets like Tonkeeper to monitor growth
• Reinvest: No action needed – rewards auto-compound for exponential growth

Step 7: Unstaking TON (If Needed)

1. Return to Lido’s TON staking page
2. Select “Unstake” and enter stTON amount
3. Confirm transaction – unstaking completes in 2-3 days

Note: During unstaking, you earn rewards until tokens are fully released.

Frequently Asked Questions (FAQ)

Is staking TON on Lido safe?

Lido uses battle-tested smart contracts audited by top firms. Your keys remain in your wallet, and funds are distributed across professional validators to minimize slashing risks.

What’s the minimum to earn interest on TON via Lido?

No minimum! You can stake any amount, making it accessible even for small investors.

Can I use my stTON elsewhere?

Yes! stTON works across TON DeFi: provide liquidity on DeDust or STON.fi, collateralize loans, or trade instantly without unstaking.

How often are rewards paid?

Rewards compound continuously. Your stTON balance updates daily, with APY varying based on network participation.

Are there tax implications?

Rewards are typically taxable income. Consult a tax professional regarding your jurisdiction.

Maximize Your TON Earnings Today

By following these steps, you’ve unlocked a seamless way to earn passive income on TON through Lido Finance. The combination of daily compounding, liquidity flexibility, and institutional-grade security makes this a premier staking solution. Start with small amounts to familiarize yourself, then scale your position as you gain confidence. Remember to monitor Lido’s official channels for protocol updates to optimize your earning strategy.