The $X token on #TON , which recently surged 4X🚀, has broken its uptrend and is now heading downward📉.
I expect a pullback to the nearest support level, where I plan to buy more and add liquidity to the X/TON pool on STON.fi with a 165% APR. As long as APR stays above 100%, I see value in providing liquidity🧐.
You can start providing liquidity without taking a loss from $X price drops by opening a short position on CEX futures📉 for the same amount as your liquidity deposit. This way, you earn trading fees from STON.fi while protecting yourself from price declines📊.
This strategy also works with $MAJOR and the MAJOR/TON pool, currently offering a 249% APR.
DYOR
