TON Strategy: Received 3.3 Million TON Staking Rewards in May, Generating Approximately $5.6 Million in Yield

Odaily Planet Daily reports that Nasdaq-listed company TON Strategy disclosed that it received approximately 3.3 million TON in rewards in May from staking about 227 million Toncoin. Based on market prices, this is equivalent to approximately $5.6 million, with an initial annualized staking yield of around 1.48%. The company has staked nearly all of its TON holdings and, in its latest governance proposal, supported a series of network upgrades that have already taken effect. These upgrades include improvements to smart contract execution efficiency, block synchronization, and validation capabilities, aimed at enhancing throughput and scalability. (The Block)