How much have I made with the farming season on STON.fi?
STON.fi announced Farming Season on March 4th. It was a great event. TON Foundation supported liquidity providers, on top of farming rewards in jettons they’ve added reward in TON (distributed at the end of the season through the airdrop depending on farming reward).
I couldn’t miss this opportunity and today I want to share my results. BTW, you can participate in the farming with Open League pool right now on STON.fi
My theory was that I can jump-in in farms with higher APR.
TL; DR:
- I’ve made +20.688% with FNZ-TON farm in 4 days
- I’ve made +19.83% with MC-TON in 6 days
- I’ve made +10.575% with STON-TON in 12 days
- I’ve made +60% with PUNK-TON in 28 days
If would farm all of the time PUNK-TON farm I will get more profit. If I will open 1 position per farm I will save some TON on gas. It can be a good idea to close farm and open new with other asset if you already have 10–20% with jetton price growth.
FNZ
I’ve started farming FNZ because this farm had one of the highest APR atm (>900%).
1) I swapped 40 TON to 17530.05 FNZ. Gas fee was 0.09 TON.
2) I provided liquidity to the FNZ-TON pool. Gas fee was 0.54–0.24 = 0.3 TON.
3) I staked FNZ-TON LP tokens in the farm. Gas fee was 0.29–0.13 = 0.16 TON.
4) I swapped 17.5 TON to 8063.11 FNZ. Gas fee was 0.09 TON.
5) I provided liquidity to the FNZ-TON pool. Gas fee was 0.54–0.25 = 0.29 TON.
6) I staked FNZ-TON LP tokens in the farm. Gas fee was 0.29–0.13 = 0.16 TON.
7) I claimed farming reward. Gas fee was 0.3 – 0.15 = 0.15 TON.
8) I swapped 911.36 FNZ to 2.22 TON. Gas fee was 0.11 TON.
9) I claimed farming reward. Gas fee was 0.3–0.15 = 0.15 TON.
10) I claimed farming reward. Gas fee was 0.3–0.15 = 0.15 TON.
11) I swapped 1454.01 FNZ to 4 TON. Gas fee was 0.11 TON.
12) I removed LP tokens and claimed reward. Gas fee was 0.4–0.28=0.12 TON.
13) I withdrew liquidity. Gas fee was 0.5–0.15 = 0.35 TON.
14) I swapped 7495.73 FNZ to 20.49 TON. Gas fee was 0.11 TON.
15) I removed LP tokens and claimed reward. Gas fee was 0.4–0.28=0.12 TON.
16) I withdrew liquidity. Gas fee was 0.5–0.15 = 0.35 TON.
17) I swapped 16636.17 FNZ to 45.95 TON. Gas fee was 0.11 TON.
I’ve started with 40+39.92+17.5+17.45=114.87 TON in liquidity pool (and farming positions).
I’ve finished with 45.95+44.11+19.67+20.49=130.22 TON.
Profit out of FNZ growth (and liquidity provision + last unclaimed rewards) was 130.22–114.87 = 15.35 TON.
Overall farming rewards in FNZ were 911.36+841.07+612.94+323.98+727.77 = 3417.12 FNZ.
I’ve swapped claimed FNZ rewards for 4+2.22 = 6.22 TON.
Airdrop value was 3417.12*22148/8501000 = 8.9 TON.
Framing profit 6.22+8.9=15.12 TON.
Overall gas fees were 0.09+0.3+0.16+ 0.09+0.29+0.16+0.15+0.11+0.15+0.15+0.11+0.12+0.35+0.11+0.12+0.35+0.11+0.12+0.35+0.11=3.5 TON.
Overall profit was 15.12 + 15.35–3.5=26.97 TON or 26.94*100%/130.22=20.688% in 4 days!
MC
1) I swapped 22 TON to 26.89 MC. Gas fee was 0.09 TON.
2) I provided liquidity to the MC-TON pool. Gas fee was 0.54–0.24 = 0.3 TON.
3) I staked MC-TON LP tokens in the farm. Gas fee was 0.29–0.13 = 0.16 TON.
4) I swapped 45 TON to 54.83 MC. Gas fee was 0.08 TON.
5) I provided liquidity to the MC-TON pool. Gas fee was 0.54–0.25 = 0.29 TON.
6) I staked MC-TON LP tokens in the farm. Gas fee was 0.29–0.13 = 0.16 TON.
7) I claimed 1.77 MC reward. Gas fee was 0.3–0.16 = 0.14 TON.
8) I claimed 3.59 MC reward. Gas fee was 0.3–0.16 = 0.14 TON.
9) I swapped 5.36 MC to 5.31 TON. Gas fee was 0.11 TON.
10) I claimed 2.4 MC reward. Gas fee was 0.3–0.16 = 0.14 TON.
11) I claimed 1.17 MC reward. Gas fee was 0.3–0.16 = 0.14 TON.
12) I swapped 3.5 MC to 3.92 TON. Gas fee was 0.11 TON.
13) I removed MC-TON LP tokens and claimed 0.63 MC reward. Gas fee was 0.4–0.29=0.11 TON
14) I removed MC-TON LP tokens and claimed 1.29 MC reward. Gas fee was 0.4–0.29=0.11 TON
15) I withdrew 70 TON + 78.14 MC. Gas fee was 0.5–0.16=0.34 TON.
16) I swapped 80.15 MC to 71.6 TON. Gas fee was 0.11 TON.
I’ve started with 22+21.93+45+44.87=133.8 TON in liquidity pool (and farming positions).
I’ve finished with 140 TON.
Profit out of MC growth (and liquidity provision + last unclaimed rewards) was 140–133.8 = 6.2 TON.
Overall farming rewards in MC were 1.77+3.59+2.4+1.17+0.63+1.29=10.85 MC
I’ve swapped claimed MC rewards for 5.31+3.92+1.6=10.83 TON.
Airdrop value was 10.85*50000/45000 = 12.05 TON.
Framing profit 12.05 + 10.83 = 22.88 TON.
Overall gas fees were 0.09+0.3+0.16+0.08+0.29+0.16+0.14+0.14+0.11+0.14+0.14+0.11+0.11+0.11+0.34+0.11 = 2.53 TON.
Overall profit was 22.88 + 6.2–2.53=26.55 TON or 2655*100%/133.88=19.83% in 6 days!
STON
1) I provided liquidity to the STON-TON pool. Gas fee was 0.54–0.25 = 0.29 TON.
2) I staked STON-TON LP tokens in the farm. Gas fee was 0.29–0.13 = 0.16 TON.
3) I provided liquidity to the STON-TON pool. Gas fee was 0.54–0.25 = 0.29 TON.
4) I staked STON-TON LP tokens in the farm. Gas fee was 0.29–0.13 = 0.16 TON.
5) I staked STON-TON LP tokens in the farm. Gas fee was 0.29–0.13 = 0.16 TON.
5.5) I vlaimed 1.61 STON reward. Gas fee was 0.3–0.15=0.15 TON.
6) STON-TON LP tokens removed and 1.05 STON claimed. Gas fee was 0.4–0.29=0.11 TON.
7) STON-TON LP tokens removed and 1.54 STON claimed. Gas fee was 0.4–0.29=0.11 TON.
8) STON-TON LP tokens removed and 1.33 STON claimed. Gas fee was 0.4–0.29=0.11 TON.
9) I swapped STON to TON. Gas fee was 0.11 TON.
Overall farming rewards in STON were 1.61+1.05+1.54+1.33=5.83 STON.
Rewars swapped for 5.83*29.58/8=21.55 TON.
Airdrop value was 5.83*50000/30000 = 9.71 TON.
Overall gas fees were 0.29+0.16+0.29+0.16+0.16+0.15+0.11+0.11+0.11+0.11=1.65 TON
Overall profit was 21.55 + 9.71–1.65 = 29.61 TON or 29.61*100%/ 280=10.575% in 12 days.
I was not withdrawing liquidity so I didn’t count profit out of STON price growth.
PUNK
1) I swapped 40 TON to 125.69 PUNK. Gas fee was 0.08 TON.
2) I provided 125.69 PUNK and 40.07 TON to the liquidity pool. Gas fee was 0.54–0.24=0.3 TON.
3) I staked 0.06 PUNK-TON LP tokens in the farm. Gas fee was 0.29–0.13=0.16 TON.
4) I claimed 5.86 PUNK. Gas fee was 0.3–0.16=0.14 TON
5) I swapped 5.86 PUNK to 2.37 TON. Gas fee was 0.11 TON.
6) I claimed 4.87 PUNK. Gas fee was 0.3–0.16=0.14 TON
7) I swapped 4.87 PUNK to 2.25 TON. Gas fee was 0.11 TON.
8) I claimed 4.9 PUNK. Gas fee was 0.3–0.16=0.14 TON
9) I swapped 4.9 PUNK to 2.22 TON. Gas fee was 0.11 TON.
10) I claimed 5.3 PUNK. Gas fee was 0.3–0.16=0.14 TON
11) I swapped 5.3 PUNK to 2.14 TON. Gas fee was 0.11 TON.
12) I claimed 6.05 PUNK. Gas fee was 0.3–0.16=0.14 TON
13) I swapped 6.05 PUNK to 2.52 TON. Gas fee was 0.11 TON.
14) I claimed 3.52 PUNK. Gas fee was 0.3–0.16=0.14 TON
15) I swapped 3.52 PUNK to 1.45 TON. Gas fee was 0.11 TON.
14) I claimed 4.58 PUNK. Gas fee was 0.3–0.16=0.14 TON
15) I claimed 11.27 PUNK. Gas fee was 0.3–0.16=0.14 TON
16) I swapped 12 PUNK to 5.73 TON. Gas fee was 0.11 TON.
17) I removed PUNK-TON LP tokens and claimed 13.31 PUNK. Gas fee 0.4–0.29=0.11 TON
I was not withdrawing liquidity so I didn’t count profit out of PUNK price growth.
Overall farming rewards in PUNK were 5.86+4.87+4.9+5.3+6+3.59+4.58+11.27+13.31=59.68 PUNK.
Rewars swapped / can be swapped for 2.37+2.25+2.22+2.14+2.52+1.45+(4.58+11.27)*5.73/12 + 13.31*8.54/19.18= 26.44 TON
Airdrop value was 59.68*33333/81233 = 24.48 TON.
Overall gas fees were 0.08+0.3+0.16+0.14+0.11+0.14+0.11+0.14+0.11+0.14+0.11+0.14+0.11+0.14+0.11+0.14+0.14+0.11+0.11=2.54 TON
Overall profit was 26.44 + 24.48–2.54 = 48.38 TON or 48.38*100%/ 80=60% in 28 days.
P. S. Please check out my other articles regarding farming experience +2.74% on tsTON/TON; +19.33% on UP/TON; +103% on JETTON/TON; -34.52% on jNANO/TON; +2.7% on LAVE/TON; +5.89% on JVT/TON.
