I have great news for the STON.fi community! STON.fi have recently just announced the launch of their new Impermanent Loss Protection initiative, a feature designed to address one of the most significant challenges faced by liquidity providers. This innovative addition highlights our commitment to enhancing the DeFi experience on the TON Blockchain.
What is Impermanent Loss Protection?
Impermanent loss occurs when the value of tokens in a liquidity pool fluctuates due to changes in market prices. These fluctuations can sometimes lead to a decrease in the value of the assets provided. STON.fi’s Impermanent Loss Protection feature aims to partially offset these potential losses, giving liquidity providers a more stable and secure environment for their investments
Key Details of the Impermanent Loss Protection Program:
- Eligible Pool: This feature is exclusive to the STON/USDT V2 pool .
- Loss Offset: Liquidity providers can offset up to 5.72% of their impermanent loss. This percentage corresponds to a 50% decrease in the asset price during the specified period.
- Monthly Budget: The total offset budget is capped at $10,000 .
- Individual Limit: Each user can claim a maximum offset of $100 , which will be credited automatically in STON tokens —no additional claims required.
- Application Period: The offset applies if the STON token price decreases between December 12, 00:00 UTC, and December 31, 23:59 UTC .
For full details, please review the terms and conditions available on the STON.fi website.
But why Does This Matter?
The introduction of Impermanent Loss Protection is a game-changer for liquidity providers. By reducing the financial risks associated with token price volatility, STON.fi aim to empower the community to participate in liquidity pools with greater confidence. This feature aligns with STON.fi’s mission to drive innovation and improve user experiences in the DeFi space.
Ready to Get Started?
Join the STON/USDT V2 pool and take advantage of this protective feature today! Remember, this program is discretionary, not an insurance product, and it does not guarantee full reimbursement or returns. Always consider the associated risks when engaging in DeFi activities.
Stay connected as STOfi continues to revolutionize DeFi on the TON Blockchain!
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