Why does one #DEX have a high #TVL while another has a low one?
The formation of TVL (Total Value Locked) depends on how much liquidity is present in liquidity pools. To achieve a high TVL, you need to attract LPs (Liquidity Providers) to provide liquidity. How can this be done?
A unique solution was found on STONfi, the largest DEX on the $TON blockchain. In some liquidity pools, including the main TON/USDT pool, there’s a farming feature. Farming provides additional rewards for LPs for being liquidity providers. Thanks to farming, the overall APR in the liquidity pool increases, making the pool attractive to everyone.
Current liquidity pools with farming:
• TONG/TON: 58% APR
• JETTON/USDT: 49% APR
• STON/USDT: 25% APR + IL Protection
To join farming:
1. Go to STONfi
2. In the “Pools” tab, choose the liquidity pool you like
3. Click “Add Liquidity”