Summing Up Fanton Fantasy Football Journey to STON.fi

As Fanton Games expands, explore its reward opportunities.

Abasido Tom

Published in

Coinmonks

5 min read3 days ago

Introduction

Fanton game was launched in September 2023, and quickly made it to the mainstream of GameFi projects. Within 1 year, Fanton secured funding for its seed and pre-seed rounds from TOP Labs, Ton Ventures, Cointelegraph, and Notcoin. Recently, they launched an official token $FTON, and integrated it into the game’s mini app. Since then, Fanton has solidified its position as a top game on TON, racking 125,000 registered users and 25,000 community members.

A few times, analysts have solely attributed this game’s success to its launch on the TON blockchain. However, I think such claims are biased and unfair. Aside from securing pre-seed and seed funds from TON-affiliated projects, the game’s success can be traced to how well it has incorporated the features of Fantasy Premier League(FPL).

It uses the same elements that have made FPL popular these years, making it an on-chain destination for football lovers. As a replica of FPL, you choose 5 football players to form a team for each match day. However, Fanton goes a step further from FPL to

Support other domestic leagues across Italy, Spain, Germany, France, and the Champions League. FPL is limited to the premier league while Fanton covers more leagues giving football fans unlimited options to choose from and,
All the game elements from gameplay to prizes happen on the Telegram Mini-app through the official game bot. There’s no need for an external app as in the case of FPL.

In line with Fanton’s Q3 2024 Roadmap, the $FTON token is up for swap, in-game staking, Liquidity provision, and farming. Except for the in-game staking, the other token use cases are done on Ston.fi — The leading DEX on the TON blockchain. Previously, only in-game players enjoyed dividends from this game, but now, dividends are available for every TON user.

This article will cover all the new token usecases — its exchange, Liquidity provision, and Farming. It will serve as a guide for the recent event hosted by Ston.fi. What’s best as noted earlier is both game players and regular users can participate in this event, a win-win for everyone.

Event Details

Rewards — $15,000 in $FTON
Farming Duration — November 7th
LP tokens Lock-up Period — 7 days.

How to Receive Rewards?

Step 1 — Acquire $FTON by swap

Easily swap TON, USDT or another asset for $FTON on Ston.fi. If you are unfamiliar with this, here’s how it’s done in 2 steps;

From your TON compatible wallet like TonKeeper or myTONwallet. Navigate to the browser section and open STON.fi. On the DEX swap page, select $FTON from the token dropdown or Swap directly from here.

2. Below, click on ‘swap’ button to review your transaction and provide the transaction details. Look through these details and proceed to ‘confirm swap’. Agree to the transaction in your wallet, with a little amount of TON for gas fees, input your password to complete the process.

Step 2 — Liquidity Provision into Event pair — TON/FTON.

Go-to pools tab, search TON/FTON and open from the search box. As a new pool it has a ‘V2’ tag and operate as an ‘optimized liquidity pool’, giving more control over risk and exposure. More details on the optimized Liquidity pool are here.

As it involves using money to participate, spend time to review the TVL, 24hr Volume, and APR before you proceed to adding your liquidity to the pool. Unsure about how these metrics affect your farming, here is a simple explanation.

At the right side of the image, click on ‘Add Liquidity’. The quantity of asset to provide is up to you, but note that higher your share in the farming pool, the higher your reward share. As you provide a quantity for the first asset, the algorithm automatically calculates the amount for the other. That way, an equal value of both asset is in the Liquidity pool.

Below, click ‘Provide Liquidity’, input your password, and confirm the transaction in your wallet. Done!

We have completed the first step of farming. By doing this, we’ll immediately start receiving a share of fees from each transaction in this pair. Also we’ll receive rewards in LP tokens — special tokens from the DEX confirming our liquidity provision.

Step 3 — Farming on LP tokens

Go to the ‘Pools’ tab and toggle on the Farming switch to show all available farms. Select TON/FTON.
Go ahead, select the ‘Farm’ option and preview the transaction details. Keep between 0.5–1TON as gas fee.
Confirm the transaction in your wallet, and Congratulations, your transaction is successful !

Ensure you check in the assets in this farm regularly. Every time you do this, you should something like this.

Step 4— Claiming your share of the reward pool.

When this event ends on November 7, Revisit the STON.fi app.
Navigate to the active pools, just like we did above. Here, your position in the farm and the amount of earned rewards are displayed. Proceed and click ‘claim rewards’ button, enter MAX to claim all the rewards.

Wrapping Up

$FTON farming event is another exciting opportunity offered by Ston.fi with a reward pool of $15,000. This ultimate guide has all you need to make a decent fortune from this event. Remember, the higher your farm value, the larger share of rewards you’ll receive.

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