0xDruid
Open Trade
Occasional Trader
4.8 Years
Change is constant.. and crypto is the edge. $BTC
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Liquidity Provision: How-to Guide🔒
"Do you know there's no difference between regular bank savers and people who have Liquidity in their wallets just sitting there"
I mean, having sufficient Liquidity in your wallet just sitting there without earning off it is crazy. That's a typical "Redundancy".
Having a redundant portfolio has only one possible outcome, which leaves you earning $0.
Well, if you are in this category. it's only fair i introduce you to a crypto feature that levels out the plain field and helps you make money while having you hold Liquidity.
Here's how, StonFi is TON's biggest Decentralized exchange. And it allows you to make Liquidity provision while earning incentives.
Here's a short step-by-step guide to provide liquidity on Ston.fi
🔹 How to Provide Liquidity on Ston.fi:
1. Connect Wallet
Go to https://ston.fi and connect your TON wallet (e.g., Tonkeeper).
2. Go to Pools
Click on the "Pools" tab to view available pairs.
3. Select a Pool
Choose a token pair (e.g., TON/USDT) and click “Add Liquidity.”
4. Enter Amounts
Input equal values of both tokens (or let it auto-fill one side).
5. Approve & Confirm
Confirm the transaction in your wallet to deposit tokens into the pool.
6. Done!
You’ll receive LP tokens, which represent your share of the pool.
And viola, you start making some $ off your Liquidity. I'm a Liquidity provider and i recommend you give it a go. $TON $STON
As always DYOR NFA.
#liquidityprovider #MyCOSTrade #BinanceAlphaAlert #STONfi
I mean, having sufficient Liquidity in your wallet just sitting there without earning off it is crazy. That's a typical "Redundancy".
Having a redundant portfolio has only one possible outcome, which leaves you earning $0.
Well, if you are in this category. it's only fair i introduce you to a crypto feature that levels out the plain field and helps you make money while having you hold Liquidity.
Here's how, StonFi is TON's biggest Decentralized exchange. And it allows you to make Liquidity provision while earning incentives.
Here's a short step-by-step guide to provide liquidity on Ston.fi
🔹 How to Provide Liquidity on Ston.fi:
1. Connect Wallet
Go to https://ston.fi and connect your TON wallet (e.g., Tonkeeper).
2. Go to Pools
Click on the "Pools" tab to view available pairs.
3. Select a Pool
Choose a token pair (e.g., TON/USDT) and click “Add Liquidity.”
4. Enter Amounts
Input equal values of both tokens (or let it auto-fill one side).
5. Approve & Confirm
Confirm the transaction in your wallet to deposit tokens into the pool.
6. Done!
You’ll receive LP tokens, which represent your share of the pool.
And viola, you start making some $ off your Liquidity. I'm a Liquidity provider and i recommend you give it a go. $TON $STON
As always DYOR NFA.
#liquidityprovider #MyCOSTrade #BinanceAlphaAlert #STONfi
"I just lost $2000 trying to swap my token on a DEX".
This was me 2yrs ago, after getting my first airdrop on TON plus some side gigs that amounted to $2k.
The phrase that never left my lips afterwards were "DYOR" and "Verify before you Trust". Every new trader or crypto user tend to fall for the same type of scam, be it phishing or just remotely giving away your seed phrase unknowingly.
What have learnt:
1. Verifying Dexes before you Trust is a real thing.
2. No one would ask you for your seedphrase to help swap your tokens.
3. DYOR
Recommendations
If you're a noob that is basically learning how to use Non-custodial wallets. This Dapps should be ringing in your head each time you want to make a swap on $TON $BNB , or $ETH .
To swap TON Tokens with less fees:
- Use app.ston.fi (low fees, easy to use with earning Opportunities.)
To swap BNB tokens with less fees:
- pancakeswap
To swap ETH tokens
- Uniswap is the real deal.
Avoid phishing, and make sure to cross check duplicate websites before connecting your wallets. Stay safe out there.
#scams #Stonfi #Dexes #TokenSwaps #Exchanges
This was me 2yrs ago, after getting my first airdrop on TON plus some side gigs that amounted to $2k.
The phrase that never left my lips afterwards were "DYOR" and "Verify before you Trust". Every new trader or crypto user tend to fall for the same type of scam, be it phishing or just remotely giving away your seed phrase unknowingly.
What have learnt:
1. Verifying Dexes before you Trust is a real thing.
2. No one would ask you for your seedphrase to help swap your tokens.
3. DYOR
Recommendations
If you're a noob that is basically learning how to use Non-custodial wallets. This Dapps should be ringing in your head each time you want to make a swap on $TON $BNB , or $ETH .
To swap TON Tokens with less fees:
- Use app.ston.fi (low fees, easy to use with earning Opportunities.)
To swap BNB tokens with less fees:
- pancakeswap
To swap ETH tokens
- Uniswap is the real deal.
Avoid phishing, and make sure to cross check duplicate websites before connecting your wallets. Stay safe out there.
#scams #Stonfi #Dexes #TokenSwaps #Exchanges
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