How to Farm on Ston.fi
Farming liquidity on Ston.fi happens through a liquidity pool. Here’s a step-by-step guide on how to get started:
1. Prepare Your Wallet and Tokens
• You’ll need a TON-compatible wallet (such as TON Wallet, Tonkeeper, MyTonWallet).
• Fund your wallet with TON or other tokens you plan to use for farming.
2. Connect to Ston.fi
• Go to Ston.fi.
• Connect your wallet to the platform.
3. Choose a Liquidity Pool
• Open the “Pools” (Liquidity Pools) section.
• Select a token pair with high APY. Keep in mind the impermanent loss if the pool contains volatile tokens.
4. Add Liquidity
• Deposit an equal value of both tokens into the pool.
• Confirm the transaction in your wallet.
5. Earn Rewards
• You will start earning a share of the trading fees in the pool + farming rewards in the form of tokens.
• Your income depends on the trading volume in the pool and current APY rates.
6. Withdraw Your Earnings
• You can exit the pool at any time and receive your tokens + earned rewards.
It’s important to regularly check the APY, as it may change over time. Are you farming for the long term, or do you exit when APY drops?