Listen up STONfiers,
Again, I received a share of 894 STON in rewards for adding liquidity to the STON/USDT v2 pool alongside other liquidity providers. Most importantly, myself and the other liquidity providers remained eligible all through the period March 1, 2025–March 31, 2025 in other not to miss out as this is the nitty-gritty of the impermanent loss protection on STON.fi
If you added liquidity to the pool, it's time to check your wallets. Yes you heard that right! I mean check your wallets, your reward is right there waiting for you. You don't believe it, do you? STON.fi has saved you the stress, you don't have to go through the hurdles of claiming as it has automatically been sent to you because STON.fi believes you truly deserve it.
STON.fi isn't just giving us fish but they are teaching us how to fish.(This in my opinion is what a true leader does and STON.fi is doing exactly that).
It's often said that giving someone the answer helps them for a moment, but teaching them how to find the answer empowers them indefinitely.
Similarly, in the crypto space this holds true, holding promising tokens offers potential returns, but learning the skills to analyze projects, contribute to networks, or build applications creates lasting impact and influence.
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
Did you provide liquidity by April 1,2025? If you did, you will have to remain eligible by not transferring or withdrawing your asset till April 30,2025 in order to receive your rewards and feel empowered as I've been feeling lately.
My Personal Take
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.
✍🏿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 $46M. 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
