In a bold move to support the DeFi community, STON.fi has announced the extension of its groundbreaking impermanent loss protection for another month, effective from February 1st to February 28th. This industry-first feature has already helped liquidity providers navigate the volatile world of decentralized finance (DeFi) with peace of mind, and now it offers even more opportunities.
What’s New?
STON.fi’s protection extends to the STON/USDT v2 pool, where liquidity providers can offset up to 5.72% of their impermanent loss, a significant safety net for those participating in the volatile market. The monthly offset budget is capped at $10,000, with a max offset per user of $100, which will be credited automatically in STON tokens—no claims needed!
But here’s the catch: to qualify for this benefit, you must provide liquidity before February 1st and maintain your liquidity throughout the entire month. This ensures that your funds remain protected while you reap the rewards of DeFi participation without worrying about impermanent loss.
Why Does This Matter?
Impermanent loss has been one of the most significant deterrents for many users considering liquidity provision in decentralized exchanges. However, with STON.fi's protection, you can now enter the DeFi world with confidence, knowing that the platform has your back. This protection allows you to provide liquidity under the best terms, knowing that potential losses are mitigated by a reliable system.
How to Participate?
Getting started is easy. Simply provide liquidity to the STON/USDT v2 pool before February 1st, and you’re all set to enjoy the automatic benefits. With no claims required, the protection is seamless and hassle-free, making it an attractive option for both experienced DeFi users and newcomers alike.
Join the Revolution
STON.fi is leading the charge in providing real solutions for the challenges that liquidity providers face. Whether you're new to DeFi or a seasoned investor, now is the perfect time to take advantage of this one-of-a-kind offer and elevate your DeFi strategy. Protect your investments, boost your liquidity contributions, and grow your portfolio with the confidence that STON.fi’s protection offers.
Stay tuned for more updates and make sure to provide liquidity before February 1st to be eligible for this fantastic opportunity!