As the liquidity mining rewards campaign concludes, TON welcomes a Token farming program. The program is the first decentralized token farming program in the ecosystem launched by STON.fi DEX.
The farming program is for STON.fi DEX’s STON token. Participants are to supply liquidity to the STON/TON and jUSDT/STON pairs to earn yields at the end of the stake period. The STON.fi solution is a decentralized, smart contract farming and will run until August 4.
Farming is a method that requires the staking of LP tokens by providing liquidity to the STON.fi DEX. In farming, users receive returns when they stake their LP tokens.
How to Farm LP Tokens on STON.fi
- Stake on the liquidity pool in the liquidity section to acquire LP tokens
- Choose a pool from the farming section
- Enter the amount of LP tokens to stake
- Confirm the transaction in your wallet
For the STON.fi farming, staked LP tokens are only unstaked after 14 days. This is done by pressing the claim button.
STON.fi is the TON Blockchain automated market maker (AMM) cross-chain DEX with features that allow for low slippage and direct interaction with TON wallets.
The previous campaign program on The Open Network (TON) allowed participants to become liquidity providers for top DEX tokens on certain terms.
TON is a layer 1 blockchain created by Telegram developers. It is designed as a decentralized and open internet that allows users to access, transact, and transfer NFT, and crypto assets using the TON native wallet. By using the TON Network, users can also transfer crypto directly from Telegram.
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