Greetings Stonfiers,
Do you all remember my previous post about STON.fi’s extended impermanent loss protection?–yeah! That very post.
I'm here to share with you the good news. Be prepared because it's going to blow your minds away.
Just this month liquidity providers’ who added liquidity to the STON/USDT V2 pool for the period January 1 to January 31,2025. If you added liquidity to the pool and stayed eligible, it's time to check your wallet fellas and receive your share of a stonking 1,478 STON reward for supporting STON.fi and embrace the beauty of STON.fi as STON.fi exudes transparency, worthiness and many too many to mention.
That's why I'm glad to be part of the STON.fi community because I stand for a platform that exudes these great qualities.
For those unaware, this is what Impermanent Loss Protection can do for you
1️⃣Offsets up to 5.72 of your Impermanent Loss:
STON.fi will offset up to 5.72 of your Impermanent loss which effectively mitigates a 50% price decline during the one month period.
2️⃣Monthly Offset Capped at $10,000:This in my opinion is a great initiative, reasons being that a monthly offset of $10,000 will ensure the program’s sustainability and support a wide range of participants.
3️⃣Max Offset Per User: $100 (paid in STON tokens):
The maximum offset of each user is $100 which will be paid in STON tokens.
4️⃣Automatic crediting–no claims needed:STON.fi automatically credits every eligible participant to the wallets they provided, no manual claims are required.
After hearing these great benefits of STON.fi’s impermanent loss protection, what's stopping you from leveraging this great opportunity?
If you missed out on the eligibility period for the extended impermanent protection–no need to panic. Make sure to stick around and join STON.fi communities for updates as they unfold.
Conclusion
From my perspective, Impermanent Loss Protection empowers users to provide liquidity with increased confidence, allowing us to focus on growing our assets without undue worry about market volatility. While this initiative doesn’t eliminate impermanent loss entirely, it significantly reduces its impact, giving liquidity providers like us a substantial edge in our DeFi journey.
✍️ ADDITIONAL RESOURCES:
➡️STON.fi DEX Data on DeFi Llama: See how much value is locked in STON.fi, a leading decentralized exchange (DEX) on the TON network. Currently, STON.fi boasts a TVL (Total Value Locked) of around $53M. Check out the details on DefiLlama.
https://defillama.com/protocol/ston.fi?volume=false
➡️TON Stat: This website provides in-depth data on the TON network’s performance, including total transactions, fees, and overall health. Dive into the network’s activity and gain valuable insights on TON Statistics.
https://defillama.com/chain/TON
➡️STON.fi Market on Dexscreener: Track STON.fi’s liquidity pools and supported trading pairs on Dexscreener. This can provide valuable information for traders interested in using STON.fi for their TON transactions. Check out STON.fi on Dexscreener.
https://dexscreener.com/ton/stonfi
