A few words on recent events with our staking.
The recent increase in TON yields triggered a significant leap in deposits, which required us to urgently scale up our hardware infrastructure and substantially rework our algorithms.
The process took several days, during which some user deposits were not included in validation — causing gaps in reward payouts.
Despite claims circulating in some low-grade channels, we did not increase our own revenue or "pocket" a larger share. We were missing income just as much as our users were due to the partial downtime, and we made the decision to cover all compensation payments out of our own funds.
We have now completed the main technical work. As payouts go out, we're closely monitoring protocol stability. We're reading your reports and appreciate your feedback.
As a reminder, for an additional form of compensation we've zeroed our protocol fee for the current week.
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Now, a few answers to frequently asked questions.
Which smart contracts do you use?
We use the official open-source Liquid Staking contracts developed by TON Core team — the same contracts used by other protocols in the ecosystem (e.g. Tonstakers).
How are you related to Stakee?
Stakee is our friendly project that offers their users a staking interface based on our infrastructure.
How are you related to TON Foundation?
We are not. MyTonWallet is a fully independent project with no external investors or beneficiaries. We don't represent the interests of TF or any other organization, and have never received outside investments — except for prize money from winning several open technical contests.
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We remain focused on what we do best: building a fast, secure, and user-friendly decentralized multichain wallet. In the coming weeks we'll be announcing a new wave of fundamental updates.
Thank you for being with us.