💰How to Provide Liquidity and Start Farming on STON.fi with the WOOF Token
🎉 I’m excited to share that the WOOF token from the Lost Dogs project is now available for trading on the STON.fi DEX platform in the WOOF/TON pair. 📌 What is Lost Dogs?
Lost Dogs is a Play-to-Earn game developed by the Notcoin team. The game offers an engaging experience with the opportunity to earn cryptocurrency. Players receive WOOF tokens and NFTs during gameplay🧑💻
Now, let’s go over how to provide liquidity and start farming tokens. 📌 Step-by-Step Guide 1. Connecting to STON.fi
The $MY token from MyTonWallet is now available for farming on the STON.fi DEX. MyTonWallet is an open-source multi-chain wallet popular within the TON ecosystem. Trading Pair: MY/TON. Rewards allocated for the farm: 3000 STON, which, at the current exchange rate, equals approximately $14,000. Farming period: Available until January 31.LP tokens: They are not locked, meaning you can withdraw your funds from the farm at any time.
Step 1: Connecting the wallet To start, we need to connect a walle
🎉STON.fi has launched a new feature for partial Impermanent Loss Protection Arrives!! ❓What are impermanent loss protection❓ ⚖️These are losses that occur when the price ratio of tokens in a liquidity pool changes significantly, causing losses to liquidity providers. 📌 More details about protection in the STON/USDT V2 pool: ☝️Valid only in STON/USDT V2 pool.
🤝Compensation of up to 5.72% of impermanent loss, which corresponds to a 50% decrease in the price of the asset.