Good afternoon, today I will tell you how to become a liquidity provider on STON.fi and what benefits you will get✅
To become a liquidity provider on the STON.fi platform, follow these steps:
1. Connect your 💳
Go to the STON.fi website and click the “Connect Wallet” button. Choose your crypto wallet, such as TON Wallet or Telegram Wallet, and connect it to the platform.
2. Add liquidity to the pool🏊♂️
Go to the “Pools” section and find the pool you want to add liquidity to, for example, STON/USDT. Click “Add Liquidity”. Enter the amounts equals of both tokens (e.g. 50 STON and 50 USDT) and confirm the transaction in your wallet.
3. Get LP tokens💎
After depositing liquidity, you will receive LP tokens that confirm your stake in the pool.
4. Bet LP tokens on farming
Go to the “Farming” section and select the appropriate pool. Click “Farm” and confirm the operation in the wallet. Now you will receive part of the commissions from the transactions in this pool.
The fee for each transaction in the pool is 0.2%, which is distributed among all liquidity providers in proportion to their share in the pool.
Additionally, STON.fi offers a Permanent Loss Protection program that compensates for up to 5.72% of your potential losses when the price of tokens in the pool is reduced.
You can start with a small amount, such as 10 USDT and 10 STON, to assess profitability and risks.
LIKE AND SHARE WITH A FRIEND❤️
#STONfi #TON #DEX
