> For the complete documentation index, see [llms.txt](https://ptonfi.gitbook.io/pton-litepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ptonfi.gitbook.io/pton-litepaper/abstract.md).

# Abstract

<figure><img src="/files/8o6Ii4ig4jEpTCpWnNDG" alt=""><figcaption></figcaption></figure>

pTON.fi is a project that provides the first staking solution for TON on the Ethereum blockchain. It allows you to easily stake TON and start earning passive income from node fees without having to lock your assets. This is achieved by minting stTON on the Ethereum blockchain with 1:1 ratio to TON. stTON can always be burnt to get your native TON tokens back. It can also be wrapped into pTON to provide you with extra trading and borrowing power on the Ethereum chain.<br>

pTON.fi is governed by its Decentralized Autonomous Organization (DAO), whose membership is based on holding a NFTs. Members of pTON.fi DAO are able to affect project’s development by creating proposals and voting on them.

For articles giving more in-depth details and guides, please read our[ Medium blog](https://medium.com/@pTON.fi)

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