Swaps are the main function of DEX, and liquidity pools are the hearts of decentralized finance, providing DEX with the tokens to conduct swaps.

Liquidity pools, in turn, are just as mutually beneficial for both liquidity providers and users swaping their coins. Liquidity providers receive a share of each transaction into their share of the pool.

This is especially beneficial for highly volatile assets (by the way, with the grow of #BTC APRs on DEXes growing too), of which there are more than enough on the $TON blockchain. Let's take STON.fi, the main DEX on $TON, as an example. By the way, at the moment, providing only one blockchain, it ranks 5th among all DEXs by the number of active users.

Here are some pools for example:
$HMSTR / $TON, APR: 57%
$X / $TON, APR: 117%
$NOT / $USDT, APR: 94%.

On top of that, farming is being added to maintain liquidity in some pairs - rewarding liquidity providers who lock their LP tokens into smart contracts. For example, Farming is now available in:
$PUNK/$TON, APR: 48%
$AIC/$USDT, APR: 245%

#DeFi #LearnTogether