Double Up Your #TON Earnings: Farming with Liquid Staking on #STON.fi (For Beginners)
Earning rewards with your TON just got easier! STON.fi is offering double rewards for farming with tsTON and stTON, tokens representing staked TON from popular protocols like Tonstakers and Bemo Confused? Don't worry, this guide will break it down for #DeFi newbies.
Step 1: Understand Liquid Staking
Imagine staking your TON and still being able to use it for further earning. That's the magic of liquid staking! Protocols like Tonstakers and Bemo convert your TON into tsTON and stTON respectively, allowing you to participate in DeFi activities like farming.
Step 2: Stake Your TON (Optional, but Rewarding!)
Head over to Tonstakers or Bemo and stake your TON. This earns you base staking rewards on your TON, even before you start farming.
Step 3: Get Your Farming Tokens (tsTON & stTON)
Once you've staked your TON, you'll receive tsTON from Tonstakers or stTON from Bemo. These represent your staked TON and are used for farming on STON.fi.
Step 4: Farm on STON.fi and Earn Double Rewards!
This is where it gets exciting! STON.fi offers farms for tsTON/USDt and stTON/USDt pairs. By providing liquidity to these farms, you earn:
Staking Rewards: You continue to earn rewards for staking your original TON (from Tonstakers or Bemo).
Double TON Rewards: STON.fi, in collaboration with the TON Foundation, is offering additional TON rewards for these farms.
Currently, the rewards are: tsTON/USDt: +601 TON / day
stTON/USDt: +232 TON / day
NOTE: These rewards are no more valid, but the program continues
Step 5: Explore More Farms, STON.fi offers a variety of farms with different rewards. Explore their platform to find the best opportunities for your crypto holdings.
Ready to double your TON earnings? Head over to STON.fi and explore the world of liquid staking and farming.
