Liquidity pools are the backbone of decentralized exchanges (DEXs), functioning as smart contracts that lock a set amount of tokens. These tokens enable other participants in decentralized systems to engage in activities like swapping or earning rewards. For a pool to operate effectively, sufficient liquid cryptocurrencies must be available; otherwise, transactions may fail to process.
On STONfi, a main #DEX on $TON blockchain, a reward system called farming has been integrated to incentivize liquidity provision. This system, accessible via STONfi’s platform, distributes rewards in real time based on each participant’s share in a pool. A larger share corresponds to greater rewards, fostering active participation.
STONfi’s implementation supports attractive APRs for various pairs, enhancing the appeal of its ecosystem. Current reward rates include:
• TONG/TON: 58% APR
• JETTON/USDT: 49% APR
• STON/USDT: 25% APR + IL Protection
Through these mechanisms, STONfi ensures robust liquidity and rewarding opportunities for participants in its decentralized ecosystem.