On the STON.fi DEX, you earn by being a liquidity provider. When a transaction is being made, 0.2% of the transaction amount is shared among the liquidity providers according to their share in the liquidity pool. This means that the higher the volume, the more money liquidity providers make.
As at the time of writing this, the 24h volume of the TON/HMSTR pool is $855,416 which translates to about $1710 going to the pool’s liquidity providers according to their shares in the pools.
Undoubtedly, this is one of the coolest way to look at your money work and bring returns for you. The question now is how one can earn from these pools as a liquidity provider. I am going to walk you through processes one by one.
How to provide liquidity
Step 1: Go to the STON.fi DEX.
Step 2: Connect your TON wallet and select the ‘Pools’ tab.
Step 3: Search ‘HMSTR’ in the search bar above.
Step 4: Select a pair to provide liquidity.
Step 5: Select ‘Add Liquidity’ at the right hand side.
Step 6: Enter the amount for the first token, and the algorithm will automatically calculate the amount for the other.
Step 7: Click ‘Provide Liquidity’.
Step 8: View the monthly APR, your share in the pool, and the blockchain fee.
Step 9: ‘Confirm liquidity provision’ and confirm the transaction in your wallet.
Just like you are thinking, that's all the process. Now you can sit back and watch your initial investment grow as you earn on every transaction involving that pair. Also, you can always withdraw your liquidity at any point in time.
Learn how to buy, sell or trade the HMSTR token on STON.fi here.
