# How Does Hipo Work?

1. **Stake TON**\
   Deposit your TON into Hipo to start earning the highest staking rewards in the TON ecosystem.
2. **Get Liquid hTON**\
   Receive hTON, a liquid token that represents your staked TON. Its value increases as [staking rewards](https://app.hipo.finance/#/page=reward/) accumulate, and you can use it across [DeFi](https://app.hipo.finance/#/page=defi/).
3. **Unstake Anytime**\
   Swap your hTON back to TON at any time and receive your original stake plus all accumulated rewards.

{% hint style="info" %}
💡 *Your staked TON is delegated to validators through the Hipo smart contract to participate in validation rounds and generate staking rewards.*
{% endhint %}

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