STON.fi is a decentralized cryptocurrency exchange on the TON blockchain that allows you to swap tokens securely. It supports Telegram authentication so you can connect your TON wallet and interact with the platform directly through the messenger.
STON.fi: What It Is
STON.fi is a DEX that enables secure token swaps, liquidity provision, and earning passive income through farming and staking. The platform is designed for integration with the Telegram ecosystem. It operates on the principle of decentralized exchangers, allowing users to trade cryptocurrencies directly via smart contracts without central intermediaries. The platform supports TON and other tokens, offering fast and secure transactions.
Swap Functionality
STON.fi offers an instant token swap feature. Users can easily exchange Toncoin and other tokens through an intuitive interface integrated with Telegram. The platform also supports farming and staking, allowing users to earn rewards by participating in liquidity pools and staking their LP tokens for additional income.
Liquidity on STON.fi
The liquidity pool on STON.fi is a mechanism where users deposit two tokens in a fixed ratio. This enables other users to instantly swap cryptocurrencies. In return, liquidity providers earn a commission of about 0.2% on each trade. Liquidity is the key element that ensures fast and stable token exchanges on the DEX.
Supported Tokens
While a specific STON.fi token is not mentioned, the main token supported by the platform is Toncoin (TON), which can be swapped for various cryptocurrencies. Users can also farm other tokens offered by projects featured on the platform.
Features
- Decentralized exchange (DEX)
- Smart contracts for token swaps
- Integration with Telegram for seamless TON wallet interaction
- Liquidity pools, farming, and staking functionality
- Primary platform token is Toncoin, used for transactions
- Instant token swaps
