I’ll never forget my Liquidity Provision experience back in 2021. I put a huge amount of money into the ETH/USDT pool because I considered it relatively safe.
A few days later, $ETH pumped by 50% and my position somehow became worth less. That was when I learned the cruelest lesson in DeFi "you can lose money even when prices go up". I literally had to stop providing liquidity for months.
Well... Fast forward to this year, I found out about the STON.fi Impermanent Loss Protection for the STON/USDT V2 pool, and it feels like someone finally fixed DeFi's most painful bug.
Now you're probably curious to know how exactly this changes everything.
🔹 First of all, it offers actual protection by offsetting up to 5.72% of your impermanent losses. This covers a 50% price drop just incase it happens.
🔹 Secondly, there's a monthly offset budget capped at $10,000 for the STON/USDT V2 LPs, with a max offset of $100 per user
🔹Lastly, you get to enjoy automatic crediting of STON tokens without having to stress or fill forms.
📌 The Impermanent Loss protection kicks in only if $STON drops.
If you're considering adding liquidity, you should know that the current round of Impermanent Loss Protection for the STON/USDT V2 pool started on the 1st of May and will be ending on the 31st of May.
📌 To qualify for June’s Impermanent Loss protection program, you must deposit into the STON/USDT V2 pool before May 31st, so now's the time to take action.
Ready to get started? Join the pool using the link below: https://app.ston.fi/pools/EQBbsMjyLRj-xJE4eqMbtgABvPq34TF_hwiAGEAUGUb5sNGO
Are you new to liquidity provision and farming activities? Below are links to guides to walk you through on how to provide liquidity and also how to farm rewards on STON.fi dex.
🔹How to provide liquidity:
https://guide.ston.fi/en/how-to-provide-liquidity-on-ston.fi
🔹How to farm rewards:
https://guide.ston.fi/en/how-to-farm-on-ston.fi
