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Ston: Revolutionizing Decentralized Finance with StoneFi on the TON Chain

Ston is transforming the world of decentralized finance (DeFi) with its innovative platform, StoneFi. As a specialized marketplace on the TON chain, Ston offers users a secure and efficient way to trade digital coins without needing to trust third parties with their assets. Powered by smart contracts that act as digital lockers, users can safely exchange their coins directly with others, ensuring that all transactions are secure, fair, and irreversible.

Fully Decentralized and Cost-Effective Trading

Ston operates as a fully decentralized platform, with no intermediaries involved in transactions. This decentralization results in super low fees, making Ston an attractive option for those looking to maximize their returns on the TON chain. Additionally, Ston operates at lightning speed, ensuring that trades are processed quickly and efficiently. The platform also employs mechanisms to keep prices fair, ensuring that users always get the value they expect.

Getting Started with Ston

To begin using Ston, users need a non-custodial wallet compatible with the TON network. Ston supports several wallets, including TON Wallet, Tonkeeper, and OpenMask. Once a wallet is set up, users can easily interact with the Ston platform to start trading or staking their digital assets.

Key Features of Ston

Ston provides various features designed to help users maximize their returns:

  • Token Swaps: Ston allows users to swap tokens on the TON network seamlessly. Users can connect their wallets, select the tokens they want to swap, and approve the transaction for a secure and efficient trading experience on the TON chain.
  • Liquidity Provision: Ston enables users to become liquidity providers by adding their assets to liquidity pools. These pools are essential for automated trading in the DeFi world, and Ston offers a wide range of pools with varying APRs, allowing users to choose the ones that maximize their returns.
  • Farming: After providing liquidity, users can stake their liquidity provider (LP) tokens to earn additional rewards through Ston’s farming feature. This allows users to further increase their earnings from their contributions to the liquidity pools.
  • Staking: Ston recently introduced a staking feature where users can stake their Ston tokens to receive rewards. The staking process involves locking tokens in a smart contract, and users can select the duration of their staking to optimize their returns.

Governance and Participation on Ston

Beyond trading and staking, Ston offers users the opportunity to participate in the platform's governance. By holding and staking Ston tokens, users can engage in protocol governance and vote on critical decisions. Users receive AR Stone, a governance token issued as a soulbound NFT on the TON chain, granting voting rights. Additionally, users receive Gemstone, an engagement token that can be traded or held, further incentivizing active participation in the Ston protocol.

Competitive Fees and Tokenomics

Ston charges a 3% trading fee per transaction. Of this, 2% goes to liquidity providers as a reward for increasing pool size, while the remaining 1% is allocated to the StoneFi protocol. Despite this fee, Ston remains competitive with its low costs compared to other platforms.

The tokenomics of Ston are straightforward, with a total supply of 100 million Ston tokens. The distribution is carefully structured:

  • 10% for private sales
  • 5% for advisors
  • 14% for the team
  • 21% for pre-seed operations
  • 10% for marketing
  • 10% for incentives
  • 20% for the DAO

The token vesting schedule is designed to ensure balanced distribution over time, with specific lock-up periods for different groups.

Future Plans for Ston

Ston has ambitious plans for the future, including cross-chain integration with networks like Tron and Polygon. These developments will further enhance the platform’s capabilities, making it an even more powerful tool in the DeFi landscape.

Conclusion

Ston is emerging as a user-centric and promising player in the decentralized finance space. Its mission to simplify DeFi for everyone is evident in its user-friendly platform and comprehensive documentation. As DeFi continues to evolve, Ston stands out as a beacon of simplicity and empowerment. Whether you are a newcomer looking to earn interest on your assets or an experienced DeFi enthusiast, Ston opens doors to a world of financial possibilities, making decentralized finance more accessible and understandable.

Ston is not just a platform; it's a movement towards a more decentralized and equitable financial future. As more users discover the benefits of trading, staking, and participating in governance on Ston, the platform is set to become a cornerstone of the DeFi ecosystem. With its innovative features, low fees, and strong focus on user empowerment, Ston is poised to make a lasting impact in decentralized finance.

© 2024 STON. All rights reserved.

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