What isÂ
#FARMING and how does it work on DEX?
Let's look at the example of the most popular and modern exchange on theÂ
#ton_blockchain -Â STON.fi.
DEX and the projects that issue their tokens on them, in most cases have some kind of funding, and part of it goes to reward liquidity providers to maintain and strengthen the liquidity of the tokens. For farming you need to first put the coins into the liquidity pool, and lock LP tokens In this way, the pair receives a large influx of liquidity and its rate becomes more stable.
For funding can attract both funds from DEX itself, e.g. STON tokens as a reward, and funds from other organisations, e.g. The Ton Foundation, which actively supports the USDT/TON pool.
With this feature, huge APRs are created for us as liquidity providers, on top of the basic commissions from the pool. Take a look at the active farming pools:
TON/
$HMSTR Â - 338% (Farm 133% + pool APR 205%)
$CATI /TON - 58.26% (58.25% + 0.01%)
#BinanceLaunchpoolHMSTR #CATIonBinance