TON Strategy: May Receives 3.3 Million TON in Staking Rewards, Generating Approximately $5.6 Million in Revenue

Odaily reported that Nasdaq-listed TON Strategy disclosed it received approximately 3.3 million TON in rewards for May by staking around 227 million Toncoin, worth about $5.6 million at market prices, representing an initial annualized staking yield of roughly 1.48%. The company staked nearly all of its TON holdings and supported a series of network upgrades that have taken effect in the latest governance proposal, including improvements in smart contract execution efficiency, block synchronization, and validation capabilities to enhance throughput and scalability. (The Block)