Attention STONfiers,
Did you provide liquidity for the STON/USDT V2 pool for the period February1 – February 28, 2025, under STON.fi’s impermanent Loss Protection program?
If you did and remained eligible for the period,check your wallets you have been reimbursed( that's the beauty of STON.fi’s impermanent loss protection).
If you were following my posts about STON.fi’s Impermanent Loss Protection and how I told you all I participated last month, this is me updating that I received my rewards(I received a share of the 3,334 $STON sent to liquidity providers)because I provided liquidity for the STON/USDT V2 pool and I stayed eligible all through the period and I must say I feel truly empowered. The beauty of it is that I didn't have to go through the hassle of claiming, the rewards were automatically credited to my wallet.
For those who provided liquidity for the period(March 1–March 31, 2025) you will be protected from impermanent loss till March 31st. Afterwards, you'll receive your rewards only if you stay eligible for the period. I bet you'll also feel empowered like I'm feeling now.
Here's what you need to know about STON.fi’s Impermanent Loss Protection Program
1.Offsets 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.
2. Monthly 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.
3.Max Offset Per User: $100 (paid in STON tokens): The maximum offset of each user is $100 which will be paid in STON tokens.
4.Automatic crediting–no claims needed: STON.fi automatically credits every eligible participant to the wallets they provided, no manual claims are required.
STON.fi always has exciting and rewarding opportunities, if you are looking out for some of those opportunities such as farming, staking, liquidity provision e.t.c. Check here👇
1. Add Liquidity: https://app.ston.fi/pools/EQBbsMjyLRj-xJE4eqMbtgABvPq34TF_hwiAGEAUGUb5sNGO
2. STON.fi DEX: http://STON.fi
My Thoughts
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 a substantial edge in their DeFi journey.
