White_blockchain

In this article, I want to tell you about the STON.fi DEX. If you want to learn more about each section, follow the relevant links or look for articles in my profile.
What is STON.fi?
STON.fi is an AMM DEX exchange built on the TON blockchain.
What is a DEX?
DEX (Decentralized Exchange) is a decentralized exchange where users can trade cryptocurrency directly with each other without intermediaries like centralized exchanges (CEX). All operations are conducted via smart contracts on the blockchain.
Key benefits of DEX:
When using a DEX, your tokens remain in your wallet, and you have full access to them.DEXs are not controlled by governments and operate independently.
What is an AMM DEX?
AMM DEX (Automated Market Maker Decentralized Exchange) is a decentralized exchange that operates based on automated market makers.
Instead of a classic order book like on centralized exchanges (CEX), AMM uses smart contracts and liquidity pools to execute trades. (Read more in the Liquidity Pools section).
Benefits of STON.fi 🚀
● Low Fees. STON.fi charges a 0.3% fee per transaction. Of this, 0.2% is returned to the liquidity pool and distributed among liquidity providers, while 0.1% goes to STON.fi.
● Minimal Slippage. STON.fi is the #1 DEX on TON in terms of liquidity, ensuring minimal slippage during trades.
● Built on the TON Blockchain. The platform leverages TON, one of the most advanced blockchains today, offering low fees and high TPS (transactions per second).
● Integration with Telegram. Trade directly from Telegram using the @STONfi_bot, seamlessly integrated with the messenger.
● Compatibility with TON Wallets. STON.fi supports all TON wallets, including TON Space.
● User-Friendly Interface. The platform features an intuitive and easy-to-navigate design.
Achievements 🏆
STON.fi’s TVL is $150,000,000 (DefiLlama), accounting for 50% of TON total TVL.
The all-time high TVL of STON.fi was $370,000,000!!!
According to CryptoRank and DappRadar, STON.fi ranked 5th among the most popular decentralized exchanges across all blockchains. Over the past month, more than 430,000 users have used the platform.
STON.fi has twice secured the top spot in the DYOR Dapps DEX ranking.
Problems of DeFi ⚠️
Lack of Cross-Chain Compatibility
The lack of compatibility between different blockchains complicates asset transfers across networks, limiting users’ access to new trading and investment opportunities.
Risk of Asset Loss
Transferring crypto assets between blockchains requires trusting third-party custodians or exchanges, which can be vulnerable to hacks and attacks. This puts funds at risk and may lead to financial losses.
High Costs and Delays
The process of converting crypto assets is often expensive and slow, adding further challenges for users.
STON.fi aims to address all these issues!
Goals of STON.fi 🎯
STON.fi mission is to make access to financial services simple and fair for everyone, regardless of their location. STON.fi aims to create a decentralized platform for cross-blockchain trading that provides a secure and reliable way to trade cryptocurrencies without restrictions imposed by banks or centralized exchanges.
STON.fi seeks to solve the problem of cross-blockchain swaps by implementing a Request for Quote (RFQ) protocol based on DeFi using Hashed Timelock Contracts (HTLC) to execute such trades. This solution eliminates the need for additional layers, intermediaries, or third parties. This approach minimizes user risks associated with security breaches and significantly speeds up transactions.

Let’s explore the features that are already available on STON.fi.
Token Swaps 🔄
You can swap tokens on the TON blockchain, allowing you to participate in numerous projects.
Guide on how to swap tokens
Liquidity Pools 💧
Liquidity pools are reserves of tokens provided by users so that others can trade cryptocurrency on decentralized exchanges (DEX). Instead of searching for a buyer or seller, users simply exchange tokens with the pool, and liquidity providers earn fees for their contributions to these pools. This enables trading without centralized intermediaries.
Guid on how to Provide Liquidity on STON.fi
Everything About Providing Liquidity on STON.fi

Farming 🌱
Farming is designed to ensure that a specific liquidity pool has sufficient funds. This allows users to trade tokens in larger volumes without worrying about price impact.In farming, you can earn significantly higher rewards compared to just providing liquidity, which motivates liquidity providers to supply liquidity.
To add your assets to farming, you first need to provide liquidity to the corresponding pool with the Farm tag and then add this liquidity (LP tokens) to farming.
How to Farm on STON.fi
Everything About Farming on STON.fi
Staking 💎
Staking the STON token on STON.fi gives you voting rights in the DAO governance protocol. For staking, you will receive the ARKENSTON NFT and GEMSTON tokens, depending on the amount and duration of your STON tokens staked.Currently, the DAO governance protocol is under development.
How to Stake on STON.fi
Everything About Staking on STON.fi and How DAO Works on the DEX

Conclusion:
DeFi platforms are far from perfect and have their own challenges. STON.fi aims to address these and become the DEX of the future — a cross-chain DEX with zero trust, providing secure, fast, and transparent digital asset trading.
If you liked my article, send your applause. And if you want to read more of my articles, make sure to subscribe! 🙌
STON.fi social networks:

Twitter - @ston_fi Telegram - @stonfidex Reddit - r/STONFi

The DEX STONfi has finally launched its long-awaited DAO!
=> DAO allows the STONfi community to create proposals and vote for changes on the exchange.
=> To become a DAO member, you need to stake your STON tokens and lock them for a chosen period.

So what’s the airdrop about🤯❓
The DAO is currently in a two-week testing phase, and I strongly recommend joining it.
If you create a proposal, vote, and comment, you’ll receive an exclusive NFT once the testing period ends.
STONfi has already hinted that they’ll value users who hold this NFT — which likely means an upcoming airdrop🎁.

Personally, I think they’ll distribute STON tokens around New Year’s, possibly locked in staking — or maybe not at all.

STONfi has already given a good airdrop for an NFT, a campaign on Galxe, and has always rewarded ambassadors well, so I’m participating!
=> Especially since the cost is less than $5

How to join❓
Stake 1 STON for 24 monthsCreate a proposal, vote, and comment

$TON #TON

EVAA/USDT – 200% APR🚀
100% APR comes from the pool itself and another 100% from the farming program that runs until November 3.
Positives for the EVAA token👇:
◉ Very good buying price ($17.5M MC)
◉ Listed on the BNB Chain
◉ Team members, investors, and KOLs will receive their tokens next year
◉ Protocol revenue (≈$3M) will go to the DAO treasury, which may be used for EVAA token buybacks and burns
tsUSDe/USDe – 0.31% APR🚀
The APR isn’t high, but you also earn around 5.5% APY from tsUSDe. Keep in mind the pool’s weights are 75% tsUSDe and 25% USDe, so it turns out quite solid.
Additionally, you get👇(Guide):
◉ Airdrop from TON, which is ending soon
◉ Airdrop from Ethena — Season 4 recently ended, and Season 5 farming has already started. If you join, make sure to delegate your rewards from your TON wallet to your EVM wallet.

PX/USDT – 20% APR🚀
The APR might seem small, but for the current market, it’s actually great.
Positives for the PX token👇:
◉ Very good buying price ($7M MC)
◉ Token burn event this quarter
◉ New Notpixel tournament coming this quarter
For those who think the tournament doesn’t matter — remember that during the last one, PX price doubled! And this time, the market cap is even lower. I don’t know exactly what will happen, but I’m expecting a few potential Xs!
I might even make another guide like last time — that one turned out really well.

#TON $TON

Impermanent loss is the biggest problem in liquidity provision. It affects both small and large investors — an algorithmic, emotionless force that silently turns part of your liquidity into dust😢.
So what exactly is impermanent loss🤔?
Impermanent loss occurs after you provide liquidity to a pool and one or both tokens change significantly in value relative to each other.
Let’s take the TON/USDT pool on the DEX STONfi as an example👇.
If you provide liquidity and then TON doubles in price📈, you lose 5.72% of your liquidity in the pool. This 5.72% loss is the difference between what you would have if you simply held your assets versus providing them as liquidity.
The most interesting part is that if TON returns to its previous price, the 5.72% loss disappears😶‍🌫️.
Of course, it’s not all bad — impermanent losses are often fully offset by the APR you earn, especially when farming is active on the pool🚀, as it is on some STONfi pools.
But what’s even more interesting is that on one pool on STONfi, impermanent loss almost doesn’t exist at all🥷.
I’m talking about the STON/USDT pool. This pool is special — it has impermanent loss protection. If a liquidity provider faces an impermanent loss, STONfi compensates them with STON tokens💸 to cover the loss (up to 5.72%).
This protection mechanism has been working for over 10 months and has already distributed more than 25,000 STON tokens in total👌!

#TON $TON

As you know, more than 50%📊 of all trading volume on TON happens on STONfi, so it always has the highest APR and the most various bonuses.
Let’s start with the basics👉 The TON/USDT pool gives 7.6% APR over the last 30 days, which is not bad considering the current situation on the TON blockchain.

NOT/USDT - 12.4% APR
DOGS/USDT - 5% APR
Blum/TON - 12.8% APR
MAJOR/TON - 30% APR

Here I want to highlight the MAJOR token, which shows a very solid APR — by the way, this is because it doesn’t have a USDT pair💲.
Also, recently EVAА was listed on STONfi🚀, and the EVAА/USDT pool now shows 100% APR, plus 116% APR is given by farming, which will last until the end of the month.
And the last thing I wanted to mention is the tsUSDe/USDe pool, where in addition to 0.3% APR, you get about 5% APY from tsUSDe and participate in the airdrops from TON and Ethena😋.
In the case of Ethena, season 4 has already ended, points were delegated to your EVM wallet, and season 5 has already started, so you continue farming points📈.
When there is more information, I will definitely make a separate post about it.

#TON $TON $NOT

Recently the EVAА token of the lending protocol EVAА was listed on STONfi and immediately launched a very cool farming pool🤔.
The current farming rate is 177% APR + 210% APR is given for simple liquidity providing. In total at the moment it is almost 400% APR👌.
Rewards are given in STON and EVAА tokens. There is no lock of LP tokens, which means you can withdraw tokens at any moment🔓.
The farming pool will end in 30 days, during this time you can earn if APR does not change about +30% which is quite good considering that EVAА is a fundamental token and not some memecoin🥲.

Guide👇:
1. Go to the pool
2. Connect your TON wallet
3. Click Add Liquidity => turn on farming => enter your tokens => confirm the transaction.

If something is not clear - read my article about farming and about how to send tokens to farming.

❗DYOR❗

$TON #TON

You also lose on price impact📉 if the pool doesn’t have enough liquidity for your swap.
It is exactly in such moments that the liquidity aggregator on TON — OMNISTON — helps.
If you see high price impact when swapping tokens on STONfi — go to the swap settings and turn on OMNISTON✅.
OMNISTON lets you use liquidity from all DEXs on TON and finds the best swap rate📈 through different resolvers.
This way your price impact drops to the lowest possible level at the moment🙃.
If you don’t believe it, check the comparison of swaps without OMNISTON and with OMNISTON below.
MAJOR=>USDT

USDT=>PX

$TON #TON

For example, on the TON blockchain there’s the DEX STONfi, where like on any DEX you can provide liquidity💧.
Why do this🤔?
So that TON blockchain users can swap tokens directly on-chain inside their wallet, while liquidity providers earn fees from every swap (APR)🔄.
Liquidity pools are the foundation of any DeFi infrastructure — everything else is built on top of them.
For example☝️, STONfi has Farming, which runs on top of liquidity pools. By depositing your LP tokens there, you earn additional rewards on top of pool fees.
You can also use LP tokens from STONfi pools (like TON/USDT v2) as collateral on the lending protocol EVAA💸. With this, you can borrow new tokens (TON and USDT), provide liquidity again, and put the new LP tokens back as collateral to repeat the cycle — creating a looping strategy and increasing your total APR📈. Even though your LP tokens aren’t in your wallet, they continue earning fees from the pool.

As you can see, many things in DeFi on TON truly revolve around STONfi pools.

If anything is unclear, ask your questions in the comments🙃👇!

$TON $NOT #TON

🥉V3 pools
Even though concentrated liquidity technology lets you significantly boost your APR, this one is the least interesting for me in this list. It’s already available on TON through the smaller DEX TONCO. Still, when V3 pools arrive on STONfi, APR there will definitely be higher thanks to the exchange’s popularity.
🥈DAO
Plenty of small projects on TON already had/have DAO governance, but it’s nowhere near as interesting as the upcoming DAO from STONfi. Since STONfi is the largest exchange on TON, any changes — like delisting a token — will heavily affect that token. And the DAO will have the power to make such decisions. There could also be bigger moves, like adding an entirely new blockchain to the exchange.
🥇Cross-chain
The most important one is, of course, OMNISTON cross-chain. The developers are promising almost fully decentralized cross-chain swaps, where the only centralized element will be the quotes (RFQ), needed for faster and better swap rates. The swaps themselves will run through smart contracts on both blockchains, which guarantees your tokens can’t be frozen. In the smart contract there are only two possible outcomes: a successful cross-chain swap or, if unsuccessful, the tokens automatically return to the user’s wallet.

$TON $NOT #TON

👉Recently, STONfi was integrated into EVAA, which now makes it possible to build looping strategies with the TON/USDT pool.
[Read more in my previous post]
The idea of our looping strategy is to put LP tokens from the TON/USDT pool as collateral on EVAA, then borrow new TON and USDT tokens, add them back into the pool, and repeat🔄 — increasing your APR with every cycle.
The maximum you can borrow is 79% LTV — but never do this🧐! At that level, you’re way too close to liquidation (7% Health Factor / 86% LTV).
And don’t forget: you’re not borrowing LP tokens, you’re borrowing the tokens themselves. Because of this, your Health Factor will gradually fall.
Why will it fall🤔👇?
Collateral decreases📉
When TON rises or falls, impermanent loss in the pool makes LP tokens lose value. For example, if TON doubles in price, the gap between collateral and debt (LTV) shrinks by about 5.7%.
Debt increases📈
When you borrow tokens, your debt grows because of Organic APY. Right now, it’s 3% for TON and 6% for USDT — but these rates aren’t fixed and can rise!
That’s why you shouldn’t borrow at 79% LTV — over a year or even sooner, the gap between collateral and debt could shrink by more than 7%, leading to liquidation🥲.
I think the optimal approach for this looping strategy is to borrow at around 60% LTV. How many cycles you do depends on your capital, since you’ll also be spending quite a bit on blockchain fees💸.

$TON $NOT #TON

Recently, the DEX STONfi was integrated into the lending protocol EVAA. This now makes it possible to use LP tokens from the TON/USDT pool as collateral to take a loan — or to borrow them directly🔄.
🔹The coolest part is that LP tokens used as collateral continue earning pool fees, which opens the door to various looping strategies.
Looping strategies work like this👉: LP tokens from a pool (for example, TON/USDT) are placed as collateral, and using that collateral you borrow tokens (TON and USDT) and add them back into the pool. This cycle can be repeated multiple times, which significantly increases the total APR from the pool🚀.
⚠️But it’s important to remember: if your Health Factor reaches 0% or your LTV (loan-to-value ratio) hits about 86%, your collateral will be liquidated.
In the next post, I’ll break down more hidden risks in looping strategies and also share the optimal looping setup with the TON/USDT pool🎯.
Follow me🙃!

$TON $NOT #TON #Durov

For those who don’t like altcoins and prefer to keep assets in Bitcoin and stablecoins, I have a few ideas🤔👇.
1️⃣First, besides Bitcoin and stablecoins, you can also accumulate assets in gold by buying tokenized gold XAUt0 from Tether, which is available on the DEX STONfi. Gold still remains one of the most steadily growing assets — for example, since the start of this year, it’s already up by +30%📈.
2️⃣Second, it’s not the best idea to keep everything in regular stablecoins like USDT, since on STONfi there’s USDe and its staked version tsUSDe. By holding tsUSDe, you can earn around 10% APY💹.
But that’s not all☝️ — if you keep tsUSDe not just in your wallet but in the tsUSDe/USDe pool on STONfi, you also take part in two airdrops: one from TON Foundation and one from Ethena🎁.
More details can be found on ethena,ston,fi 🔗.
I’ve personally🥲 been farming both airdrops for several months already, and by the way, in the case of the TON airdrop, the rewards arrive weekly to your wallet (starting from 0.1 TON).

$TON $NOT #Telegram

The STON token belongs to the largest DEX on TON — STONfi. More than half of all swaps happen there. But not many know about the bullish factors for STON, so I’ve collected the main ones for you👇:
Release of STONfi DAO 🧑‍💼
To be part of STONfi DAO and make decisions about the exchange’s development, you’ll need to stake your STON tokens. The more STON you stake and the longer you lock them, the stronger your voting power will be.
Release of deflationary tokenomics 💹
The deflationary tokenomics described in the STONfi Whitepaper states that the fees earned by STONfi will be converted into STON tokens, and part of those tokens will be burned.
Buyback + Burn will both drive the STON token’s price up and reduce the total supply.
Release of OMNISTON cross-chain 🔄
Right now, OMNISTON is just an aggregator of all liquidity on TON, but in the future it will become the protocol enabling cross-chain swaps between TON and other blockchains. This will bring more liquidity to TON and to STONfi overall.
Combined with the deflationary tokenomics, this will have a very positive impact on the STON token.

$TON $NOT #TON