BLUM/TON - 255% APR
I’m diving into the liquidity pools with the highest APR on DEXs, and today, this pool takes the top spot for APR on STON.fi, the largest
#DEX on the
$TON blockchain. So, why is that?
1. Farming
Currently, farming is active in this liquidity pool, offering rewards of $417/day, which contributes to this high APR. In addition to the pool’s base APR, liquidity providers (LPs) are also receiving extra rewards.
2. Airdrop
Blum recently conducted its airdrop, but what’s notable is that most users have kept their tokens in vesting, claiming them gradually. This creates stable volumes in the BLUM/TON pair, resulting in a high APR.
3. Additional Factors
As far as I know, the Blum team didn’t allow users to claim tokens on centralized exchanges (
#Cex ); only on-chain claims were available. If this is true, 100% of the
#Blum volumes from the airdrop are processed through DEXs, with most happening on SТОNfi, which further drives the high APR.