TON Multi-Nominator Pool Delegation

About TON

Below are the key points about TON to know before staking:

Parameters	Stacks
Minimum Staking Amount	Each pool will have a set minimum staking amount, with the default minimum at 10,000 TON. - 400 validators are active at one time - A validator needs 350,000 or above the lowest elected validator to be added to the active set, whichever is higher Check https://tonscan.org/validators for the current state of validators.
Reward Cycle	Each election cycle is 36 hours cycle. See https://tonscan.com/validation to see the current place in the cycle. Rewards are distributed about every 18 hours.
Slashing Risk	Any network participant can file a report on misbehaving validators. Once 66% active validator approval is reached, the penalty is deducted from the reported validator and withdrawn from the total stake. Learn more here.
Staking Rewards Compound	Rewards are auto-compounded.
Inflation Rate	0.6% annual inflation rate.

Pre-Requisites

To stake TON, you will need the following:

Compatible Wallet - Some options include:
- Wallet on Telegram
- MyTonWallet
- Tonkeeper
- OpenMask
- Tonhub
- DeWallet
- XTONWallet
- TON Wallet

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Info:

Most of the wallets support Ledger hardware wallets for additional security

You can stake to multiple multi-nominator validator pools from one address

Validator Pool’s Public Address - Your Blockdaemon CSM will provide this during onboarding.
Ledger (optional) - Ensure you install and update the TON app using Ledger Live.

Custodian Support

Several custodians are actively adding support for staking TON. This section will be updated as support becomes available.

How to Deposit Stake to a TON Pool

The following instructions use MyTonWallet on the testnet, where minimums for nominations are lower than on the mainnet.

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Warning
Please adhere to the minimums written with the steps, NOT in the screenshots.

Step 1: Verify Validator Status

Before delegating, ensure the validator is active and has a self-stake deposit. You can verify this using explorers like TONScan by searching for the validator's public address provided by your CSM.

Step 2: Prepare Your Wallet

Ensure your wallet has enough TON tokens for delegation and approximately 1 TON for gas fees.

Step 3: Delegate Your Tokens

Select Add Stake to start the transaction.

Fill in the token transfer information.
1. Recipient Address: Enter the public address of the multi-nominator pool provided by your CSM.
2. Amount: Delegate a minimum of 10,000 TON (or higher) + 1 TON for transaction fees. Ensure that your total delegation does not exceed 900,000 TON per validator, unless previously discussed with your CSM.
  
  If needed, contact your CSM to distribute your stake across multiple validators.
3. Memo: Enter the letter “d.” If this field is empty or filled incorrectly, your tokens will be sent as a normal transfer.
Review the details and select Send TON.

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Note:
If you receive this error, verify the Validator pool address entered.
If it is correct, please contact your CSM to check on the validator status.

Confirm the transaction details by selecting Confirm.

Enter your wallet password and select Send.

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Info:
If you are using a Ledger, sign the transaction on your device.

You will receive confirmation of the amount deposited to the pool contract.

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Note:
If the transaction fails, it may indicate that the pool is not currently accepting delegations or that you have sent an amount below the minimum required. Your funds will be returned to your wallet within a few minutes, minus any transaction fees incurred.

How to Withdraw Deposited Stake

Withdrawing staked assets is similar to depositing into the pool. Follow these guidelines based on the status of the pool:

Active Pool: Your total delegation will be withdrawn at the end of the current cycle.
Inactive Pool: Your total deposit or delegation will be returned shortly after the withdrawal transaction is sent.

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Info:
Partial unbonding or withdrawal is not available with Multi-Nominator Pools. Your entire delegation will be returned, even if you've made multiple deposits.

Step 1: Prepare Your Wallet

Ensure that you have at least 2 TON in your wallet.

Step 2: Withdraw TON

Fill in the token transfer information.
1. Recipient Address: Enter the Multi-Nominator pool address.
2. Amount: You can enter any amount. You will receive it back minus the gas fees for the withdrawal transaction.
3. Comment or Memo: Enter the letter “w.” If this field is empty or filled incorrectly, your tokens will be sent as a normal transaction.
Select Send TON.

Confirm the transaction details and select Confirm.

Enter your wallet password and select Send.