November 30, 2024

Earn even more on MAJOR | Liquidity pool on STON.fi

Recently, the long-awaited listing of the $MAJOR token took place. Many people managed to earn significant profits, but there are still a large number of holders keeping the token in hopes of further growth. And rightly so — MAJOR is the first rating-based game that can be integrated into Telegram, which is expected to positively impact the token’s price. Moreover, MAJOR is supported by Pavel Durov, the founder of Telegram and the TON blockchain (see the glossary at the end).

To profit not only from the token’s price increase, you can take advantage of MAJOR/TON farming on the number one DEX on TON — STON.fi.

STON.fi is the top DEX (see the glossary at the end) on the TON blockchain, with over 1 million active users per month and a TVL (see glossary) exceeding $160 million.

Farming — additional rewards for holding funds in specific liquidity pool pairs.

Liquidity pool — a reserve of funds used to allow users to quickly exchange their tokens. Liquidity pools enable you to earn by holding funds in the pools, thus “providing liquidity for token swaps.”

How to earn with the MAJOR/TON pool?

1. Visit STON.fi and click “Go to app.”

2. On the page where we were transferred, go to the “Pools” section and connect the TON wallet

3. Select the desired pair of tokens. In our case MAJOR/TON

4. Click “Add liquidity”

5. Enter the desired amount of MAJOR/TON tokens you want to add to the liquidity pool. The number of tokens must be equal in dollar equivalent. If needed, you can swap (see the glossary at the end) tokens on ston.fi in the “Swap” section. You can find instructions on how to do this [here].

6. After entering the desired amount of tokens, a “Provide liquidity” button will appear below. Click on it and confirm the transaction in your wallet.

7. Once the transaction is successful, LP tokens (see the glossary at the end) will be credited to your wallet.

8. Refresh the page. A “Farm” button should appear — click on it.

9. In the pop-up window, you will see the number of LP tokens available for staking. Leave this amount at the maximum or reduce it as desired, then click “Farm” and confirm the transaction in your wallet.

Details

💰 Rewards: 10,000 STON (~$49,000)
⌛️ Farming duration: Until December 28
🔒 No LP token lockup
The current farming rate is 113% APR (see the glossary at the end).

Glossary:

  • Blockchain — A chain of blocks that stores all information about transactions and wallet balances.
  • DEX — Decentralized exchange.
  • TVL — Total value of assets held in the platform’s liquidity pools.
  • Swap — The exchange of tokens.
  • LP tokens — Tokens automatically generated by a DEX and credited to liquidity providers for contributing assets to a liquidity pool.

Resources and social networks of the ston.fi:

DEX | Telegram DEX | Onboarding | Guide | Blog | Twitter | Discord | Reddit | LinkedIn