On every blockchain, there is a main swap pair. It always has the largest volume, TVL, and coins from the pair often have the largest market capitalizations on the blockchain. For example, on Uniswap it is the $WBTC / $USDC pair, and due to its high TVL, its APR is only 0.21%
The TON blockchain also has such a pair - USDT / $TON , but the blockchain is unique in that it has many users unfamiliar with decentralized finance, and to improve their understanding and attract them to #DeFi , the main pair of the blockchain should have a relatively high APR.
On the main DEX of the #TON blockchain - STON.fi has found a solution. Farming was added to the USDT/TON pair. Farming is a system that allows to get additional rewards for providing liquidity. It works as follows:
• For supplying liquidity to the USDT/TON pair on STON.fi, the user receives LP-tokens confirming a share in the pool.
• On the same page of the site, the user sends his LP-tokens to the smart contract and starts receiving additional rewards automatically.
• The APR of farming and APR of liquidity pool add up: as soon as the user decides to withdraw his liquidity, he will receive exactly the same number of LP-tokens.
Every day in the USDT/TON pool, 3,334 TONs are shared as farming rewards, which provides an aggregate APR of 23%.
By the way, USDT/TON is not the only pair on STON.fi in which farming is available, for example, it is also available in the pair STON/USDT, in which APR reaches 38%.