The MY token by MyTonWallet is now available for trading and liquidity provision on the STON.fi decentralized exchange (DEX).
For those unfamiliar, MyTonWallet is a non-custodial multichain wallet that supports multiple accounts and is open-source.
Itâs one of the most popular wallets in the TON ecosystem, providing users with secure access to their crypto assets across different blockchains. Token contract address: EQCFVNlRb-NHHDQfv3Q9xvDXBLJlay855_xREsq5ZDX6KN-w
Next week, there will be an AMA (Ask Me Anything) session with the walletâs founder, Alexander Zinchuk, where he will talk about MyTonWalletâs key features, security practices in DeFi, and future developments. Stay tuned for the announcement of the session date!
Remember, in DeFi, itâs always important to DYOR (Do Your Own Research)before interacting with any token or platform.
STON.fi Weekly Round-Up: Milestones, New Farms, and Exciting New Updates
This week has been another record breaking period for STON.fi, with major milestones and exciting developments. Hereâs a recap of the most important updates from the past seven days.
1. One Million Active Wallets in 30 Days STON.fi has officially surpassed 1,000,000 active wallets within just one month! This remarkable achievement reflects the growing trust and engagement in the platform, with more users than ever participating in DeFi and liquidity provision. This milestone is a testament to STON.fiâs continuous innovation and strong community support.
2. GemSquads Season 6: New Rules The latest season of GemSquads brings with it dynamic voting power. Early voters now have more influence, if you vote early, your vote holds more weight, increasing your impact on future farming rewards. This new system adds a layer of strategy for participants and rewards early participation in governance decisions.
3. New Farms: RANDOM/TON and NOTAI/USDT STON.fi has launched two new farms this week: - RANDOM/TON: The RANDOM token powers the Random gaming ecosystem, offering rewards of 9,400 RANDOM ($14,300) with a 14-day LP lock-up. - NOTAI/USDT: NOTAI, the token behind the NOTAI SuperApp, is offering 155,000,000 NOTAI ($16,500) in rewards, with a 30-day LP lock-up.
Both farms offer lucrative opportunities for liquidity providers to earn rewards while supporting these innovative ecosystems.
4. Stonbassadors Guide Released STON.fi has released a comprehensive guide for Stonbassadors, its content creator program. Whether you're a social media expert or a complete beginner, the guide offers tips on creating high-quality content that can help maximize your monthly rewards. This is a great opportunity for those looking to promote STON.fi and earn incentives through content creation.
5. FTON Token Launch A new token, FTON from the Fanton ecosystem, is now available for trading and liquidity provision on STON.fi. This adds yet another layer of diversity and opportunity to the platform, as users can now engage with FTON to earn rewards and participate in liquidity farming.
6. STON.fi at the TON Blockchain Hackathon in London STON.fi took center stage at a recent TON Blockchain hackathon in London as a sponsor, organizer, and speaker. This event showcased the innovation and potential of the TON ecosystem, bringing together developers and enthusiasts to drive the future of blockchain technology.
- DEX Statistics: - Weekly trading volume: 12M TON ($62M) - TVL: 35M TON ($186M) - Liquidity providers earned 24,000 TON ($126,000) this week.
Conclusion As STON.fi continues to grow and evolve, the platform is showing no signs of slowing down. With record-breaking engagement, new features, and exciting opportunities for users to participate in the DeFi ecosystem, the future looks bright for STON.fi and its community.
Stay tuned for more updates in the coming weeks as STON.fi continues to shape the future of decentralized finance. #ton_blockchain #Stonfiers
GemSquads Season 6 Launches with Dynamic Voting Power
The sixth season of GemSquads is live, offering users the chance to vote for their favorite trading pairs and influence the distribution of 20,000 STON (~$73,000) in rewards. This season introduces an exciting twist: Dynamic Voting Power. The earlier you vote, the more weight your vote carries, making timing crucial to the outcome.
Hereâs how it works: For the first three days, 1 GEMSTON equals 1 vote. After this, the voting power starts to gradually decrease until, by the final second before voting ends, 1 GEMSTON equals 0.5 votes. This means that voting early gives you more influence over which farms will receive rewards.
Reward Breakdown The total 20,000 STON will be split between the top trading pairs: - The top 10 trading pairs will share 10,000 STON, proportionally based on votes. - The other 10,000 STON will be distributed as follows: - 1st place: 3,500 STON - 2nd place: 2,000 STON - 3rd place: 1,000 STON - All the way down to 200 STON for the 10th place.
How to Participate To vote, simply head to the event page, select a liquidity pool, and send GEMSTON to the corresponding address. The more GEMSTON you send, the more votes the farm will receive, boosting its chances of making it into the top 10. You can vote for as many farms as you like.
Important Dates - Voting is open until October 14, 12:00 UTC. - Farming rewards will begin on October 15, 12:00 UTC.
Be aware that voting is conducted exclusively in GEMSTON, and after the contest ends, the GEMSTON sent to the winning farmsâ addresses will be burned. You can purchase GEMSTON on the platformâs DEX or earn it by staking STON.
This season, your votes not only matter theyâre more powerful if cast early. Donât miss your chance to shape the future rewards.
Stonfiers, weâre thrilled to announce that STON.fi is a headliner in the #TON Tournament by Bybit Web3, a huge airdrop event with a prize pool of $200,000. This is your chance to compete, complete challenges, and earn exclusive rewards from top TON projects.
How to Participate: 1ïžâŁ Head to the TON Tournament page. 2ïžâŁ Connect your Bybit wallet or create a new one. 3ïžâŁ Fund your wallet with 8 TON (recommended). 4ïžâŁ Select tasks from your favorite projects and click "Start." For STON.fiâs 4295 STON airdrop, just exchange tokens worth at least $10. 5ïžâŁ Wait for reward announcements!
đ The tournament runs until October 10, 7AM UTC, so donât miss out on your chance to win big!
Join the Tournament Now Stay tuned for more updates
Interface Update: Enhanced Farming Rewards Information on STONfi
Stonfiers, weâve got exciting news.
Ston.fui is continuously working to improve your experience on our DEX, and today weâre happy to announce a major interface update based on your valuable feedback.They have added a comprehensive farm information card to the farming pages, making it easier for you to track your rewards and stay on top of your farming strategy.
Hereâs whatâs new: Daily Rewards in $: Easily see the total daily rewards being distributed in the farm, displayed in USD. Daily Rewards in Tokens: Know exactly how many tokens are distributed each day. Remaining Time: Track how much time is left until the end of the farming period. APR of the Farm: Get the latest Annual Percentage Rate (APR) for the farm. Your Daily Rewards: View how much youâre earning each day based on your staked LP tokens. Total Rewards Earned: Track the total amount of rewards youâve received during the entire farming period.
Explore the new interface by choosing a trading pair and providing liquidity: STONfi just got even more user-friendly!Stay tuned for more updates as we continue to enhance your DeFi experience.
The Lends P2P lending testnet is now live, exclusively for stakers for the next 24 hours. After that, selected waitlist members will be invited to join as testers.
DOGS Farming Launches on STON.fi: Earn Big with the Popular DOGS Token
STON.fi is excited to announce the launch of two new farming pools featuring the highly popular DOGS token. Known for its massive impact on the blockchain, the DOGS token has become a sensation in the crypto community, and now you have the opportunity to farm it and earn significant rewards.
What is DOGS? DOGS is the official token of the DOGS Community project, a rapidly growing initiative that has already attracted over 50 million users. Within the DOGS Community Telegram bot, users can mine DOGS and compete with others based on their token holdings. The token's popularity has made it a must-have in the DeFi space.
New Farming Opportunities STON.fi is offering two new farming pools where you can stake your LP-tokens and earn rewards in STON tokens. Hereâs what you need to know:
- DOGS/TON Pool - Rewards: 5,000 STON (worth $33,000) - Farming Period: Until September 12 - LP-Tokens Lock-up: None
- DOGS/USDt Pool - Rewards: 5,000 STON (worth $33,000) - Farming Period: Until September 12 - LP-Tokens Lock-up: None
Both pools provide generous rewards with no lock-up period, giving you the flexibility to claim your earnings whenever you choose.
GemSquads Campaign In addition to farming, DOGS is now part of the GemSquads campaign on STON.fi, where you can vote for your favorite farms to increase their rewards. This makes participating in the DOGS farming pools even more rewarding.
How to Start Earning To begin earning, simply stake your LP-tokens in the Pools tab on STON.fi. The higher your stake, the larger your share of the rewards. And remember, you can claim your rewards at any time!
For those new to farming, LP-tokens are automatically issued when you provide liquidity. If you need assistance, STON.fi offers a comprehensive guide to help you get started.
Donât miss this chance to farm DOGS and earn substantial rewards. Head over to STON.fi today and start farming!
Introducing Lends P2P Lending: The Future of Fair and Flexible Loans
In the world of finance, Lends P2P Lending is a game changer, offering a peer-to-peer lending platform that benefits both borrowers and lenders. This innovative system puts the power back in the hands of the users, ensuring that everyone can win with fair and transparent loan terms.
Empowering Borrowers Gone are the days when borrowers were stuck with rigid, one size fits all loan conditions. Lends P2P allows borrowers to browse through various lending pools and select loans that best meet their needs. Whether you're looking for a low-interest rate or a specific loan term, the flexibility offered by Lends P2P ensures you can find a loan that works for you and no special access or complicated processes required.
Giving Lenders Control On the other side, Lends P2P empowers lenders by allowing them to create lending pools with terms that suit their preferences. For example, a lender can set up a pool with a specific amount in USDC and offer it at a 3% interest rate over a 6-month period. Lenders can also determine their preferred loan-to-value (LTV) ratio, such as 35%, which helps them manage risk and earn predictable returns.
A Real-World Example Consider a lending pool that accepts DOGE as collateral. As a borrower, you could deposit your DOGE and borrow up to 35% of its value in USDC at a 3% annual percentage rate (APR). This setup allows you to quickly access liquidity without having to sell your valuable assets, giving you financial flexibility and peace of mind.
Maximizing Benefits for All Lends P2P is designed to ensure that both parties borrowers and lenders maximize their benefits. Lenders can enjoy the certainty of predictable returns, while borrowers benefit from fair and customizable loan terms. This balanced approach makes Lends P2P a standout platform in the rapidly evolving decentralized finance (DeFi) space.
Join the Testnet and Win To experience the power of Lends P2P firsthand, join our testnet today. Participants stand a chance to win up to $2000 in rewards in $LENDS tokens, making it a perfect opportunity to explore the platform and potentially earn valuable rewards.
Are you ready to take control of your financial future? Join the Lends P2P testnet now: lends.so/join
Exploring Lends: The All-in-One DeFi Platform Revolutionizing Crypto Finance The decentralized finance (DeFi) landscape has rapidly evolved, offering innovative solutions for managing digital assets. At the forefront of this evolution is Lends, a comprehensive DeFi platform that provides users with a wide array of financial services, all within a seamless and secure interface. Lends is not just another DeFi platform; itâs a game-changer designed to simplify and enhance how users interact with their digital assets. What is Lends? Lends is an all-encompassing DeFi platform that integrates borrowing, lending, swapping, saving, and peer-to-peer lending into a single, user-friendly interface. The platform is designed to give users complete control over their digital assets, making it easier and more efficient to manage their finances in the decentralized world. Key Features of Lends 1. Borrowing and Lending: Lends allows users to borrow and lend a variety of digital assets. This service is made more attractive through features like competitive interest rates and flexible terms, ensuring that both borrowers and lenders can find solutions that fit their needs. 2. Swapping: The platformâs swap feature enables users to exchange different tokens quickly and efficiently, with a focus on low fees and high liquidity. Whether you're looking to swap between major cryptocurrencies or smaller tokens, Lends provides a reliable and straightforward solution. 3. Saving: Through its savers' vault, Lends allows users to earn interest on their digital assets. Users can deposit their assets into the vault and earn returns over time, making it a great option for those looking to passively grow their crypto holdings. 4. Peer-to-Peer Lending: Lends also supports peer-to-peer lending, allowing users to lend directly to others within the platform. This feature empowers users to set their terms, including interest rates and loan durations, offering a personalized lending experience. 5. THORFi Lending: One of the standout features of Lends is its integration with THORFi Lending, which offers zero interest rates, no liquidations, and no expiration dates. This unique offering provides users with unprecedented flexibility and security in managing their loans. Tokenomics and Trading LENDS is the native token of the platform, issued on the Ethereum blockchain with a total supply of 625 million tokens. The token plays a vital role in the platform's ecosystem, enabling users to participate in governance, earn rewards, and access premium features. LENDS is available for trading on several major exchanges, including Uniswap, Bybit, Gate.io, KuCoin, and MEXC, providing users with ample opportunities to acquire and trade the token. Lends is setting a new standard in the DeFi space by offering a robust and versatile platform for managing digital assets. Whether you are looking to borrow, lend, swap, or save, Lends provides a comprehensive solution that is both secure and user-friendly.
Join the MERCH/TON and STBL/TON farming pools on STON.fi for a chance to earn rewards. Stake your LP-tokens, participate in the TON ecosystem, and claim your share of the rewards anytime.
Don't miss out on these opportunitiesâstart farming today.
Big news #Stonfiers STON.fi has climbed to 9th place in Total Value Locked (TVL) among all decentralized exchanges, according to Cryptorank. This milestone highlights the trust and growing adoption within the community. We're thrilled to see STON.fi making waves in the DeFi space. Let's keep pushing forward.
#DeFi #STONfi #Cryptorank
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