Protecting Liquidity Providers: 465 STON Tokens Distributed!
Hey everyone, exciting updates for our liquidity providers in the STON/USDT v2 pool! We’ve just made DeFi a little safer and a lot more rewarding. Let’s dive into the details:
📅 What Happened?
From December 12 to December 31, we distributed 465 STON tokens to liquidity providers in the STON/USDT v2 pool as part of our partial impermanent loss protection program.
💎 Key Features of This Program:
1️⃣ Offset your impermanent loss: You can now reduce up to 5.72% of your impermanent losses.
2️⃣ Monthly protection budget: A generous $10,000/month ensures consistent support for our LPs.
3️⃣ Max offset per user: You can receive up to $100 in STON tokens per month.
4️⃣ Auto-crediting: No claims required. We credit the offset directly to your wallet.
🛡️ Protection Period Alert:
If you provided liquidity before January 1, your funds are protected against impermanent loss until January 31. Early supporters, you’re in great hands!
🔥 Why This Matters:
DeFi can be risky, but we’re here to make it more rewarding. With 465 STON tokens distributed over just 20 days, we’re showing our commitment to protecting and empowering our community.
💡 Pro Tip: Stay tuned for more updates and innovations that make liquidity provision safer and more beneficial for everyone. Questions? Drop them below!