How to Farm on STON.fi: A Comprehensive Guide

Before diving into STON.fi, it's crucial to understand what an Automated Market Maker (AMM) is in the cryptocurrency world.

AMMs are decentralized trading protocols that use smart contracts to create liquidity pools and enable automated trading.

They eliminate the need for traditional order books and market makers, allowing users to trade directly against a liquidity pool.

AMMs are important because they:

1. Provide constant liquidity for traders
2. Allow anyone to become a liquidity provider and earn fees
3. Enable trading of any token pair without relying on centralized entities

In the Ethereum and EVM-compatible blockchain ecosystem, Uniswap stands out as a pioneering and widely-used AMM. It introduced the concept of constant product market making, which has been adopted by many other protocols.

On the Solana blockchain, Raydium is a prominent AMM that offers fast and low-cost trading, along with yield farming opportunities.

Introduction to STON.fi

STON.fi is the leading decentralized exchange on the TON network, the blockchain developed by Telegram. It provides a platform for users to trade, provide liquidity, and farm tokens within the TON ecosystem.

Farming on STON.fi: Step-by-Step Guide

1. Go to the STON.fi app
2. Navigate to the "Pools" tab
3. Toggle on "Farming available"
4. Choose a suitable liquidity pool
5. Use the search bar to find specific tokens or browse the list

If you don't have LP-tokens:

1. Click 'Add Liquidity' on the pool page
2. Provide liquidity to receive LP tokens
3. For detailed instructions on providing liquidity, refer to STON.fi's documentation

If you already have LP tokens:

1. Locate your liquidity volume on the fillable bar
2. Click the 'Farm' button

1. In the popup window, you'll see the amount of LP-tokens available to stake
2. Adjust the amount if desired or leave at maximum
3. Click 'Farm'

Note: Some farming pools may have lock-up periods. This information will be displayed in the farming window.

Approve the transaction in your connected wallet.

Congratulations! You've successfully started farming on STON.fi. In most cases, funds can be withdrawn at any time, but this may vary depending on the specific farm.

Wonton Tokens and STON.fi

It's worth noting that WONTON tokens, once they reach their bonding curve, are deployed on STON.fi for trading. This integration provides additional liquidity and trading opportunities for WONTON token holders within the TON ecosystem.

Farming on STON.fi offers an opportunity to earn yields on your TON-based assets. By following this guide, you can participate in the growing DeFi ecosystem on the TON network.

Always remember to research thoroughly and understand the risks involved in DeFi activities before committing your funds.