Cryptocurrency farming allows you to grow your assets without worrying about coin price drops. In this article, you’ll learn how to farm on Ston Fi, a top crypto exchange.
This is a great way to “insure” your crypto against sharp market fluctuations since it can generate income while farming. Read on for a detailed explanation.
How to farm on Ston Fi
Go to Ston Fi and connect your TON wallet. Even the Telegram Wallet can be linked directly, making the process seamless and straightforward.
Navigate to the Pools tab (linked here). Next, find the “Farming available” button and click it. In the search bar, select the token you’d like to farm and enter the number of coins you’ll stake.
If you don’t have enough coins, click “Add Liquidity” to add the necessary amount for farming. For example, if you wish to farm 20 TON, you’ll need to add an equivalent amount of USDT (around $100).
Enter the liquidity amount (selected crypto + USDT). Once that’s set, click the “Farm” button to start farming.
Withdrawing Earnings: In most cases, earnings can be withdrawn at any time, although some tokens may require a specific holding period, which will be indicated when you apply for farming.
Why Both Coins and USDT?
When you add both, you provide liquidity, meaning you make funds available for transactions. There’s no risk involved. Your earnings are calculated as follows:
- Approximately a 2% annual interest rate, calculated daily.
- 0.2% of the fees are redistributed to users as a liquidity provider reward.
To see your exact earnings, connect your wallet. You could start by farming 10 USDT and 10 TON (or another cryptocurrency) to test your potential daily earnings and decide whether to continue.
Now you know how to farm on Ston Fi. Don’t let your money sit idly—let your cryptocurrency work for you and generate income, even while you sleep.
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