The TON Foundation has officially launched a 5 million Toncoin DeFi incentive program, aimed at boosting liquidity in the TON ecosystem. TON/USDt 5M Rewards Program Begins This initiative encourages liquidity providers to stake in pools on major decentralized exchanges (DEXs) like STON.fi and DeDust and through liquid staking protocols such as Tonstakers and Bemo. Participants can stake Toncoin or its derivatives—stTON and tsTON—paired with USDt to earn rewards from the growing DeFi ecosystem.
How the New TON/USDt Rewards Program Elevates DeFi Participation
The new incentive program provides participants with multiple opportunities to earn rewards:
- Stake Toncoin through Tonstakers or Bemo and add liquidity to USDt pools on DeDust or STON.fi.
- Receive additional rewards for contributing stTON/tsTON derivatives to liquidity pools.
- Benefit from trading fees and staking rewards in the eligible pools, such as TON + USDt and tsTON + USDt.
TON/USDt 5M Rewards Program Begins – Strengthening TON’s DeFi Ecosystem: Why This Matters
The TON Foundation’s incentive program, with its 5 million Toncoin boost, seeks to solidify TON’s position in the DeFi landscape by deepening liquidity for key token pairs. This initiative also integrates Tether (USDt) within the ecosystem, ensuring a stable currency for liquidity providers. With 50-60% annual percentage yields (APY) expected, the program offers substantial returns to liquidity providers, driving increased engagement from individual investors and more significant players. Liquidity providers who participate in these pools gain rewards and enhanced APR and on-chain trading volume, contributing to the platform’s long-term sustainability.
Maximizing Your Rewards: Key Steps for Liquidity Providers
For those interested in joining the TON/USDt liquidity pools, here’s a step-by-step guide:
- Choose Your Platform: Visit either STON.fi or DeDust and connect your wallet.
- Add Liquidity: Navigate to the “Liquidity Pools” section and deposit an equal amount of TON and USDt.
- Start Earning: By providing liquidity, you’ll earn from transaction fees and staking rewards, with options to reinvest in farming strategies for additional yields.
This incentive program builds on previous successful integrations of USDt in TON’s ecosystem. Recently, over 729 million USDt were in circulation, significantly driving user confidence.
By participating, users can take full advantage of these reward boosts and benefit from staking rewards and trading fees, positioning themselves within TON’s rapidly expanding DeFi ecosystem.
Launching this 5M Toncoin rewards program is an exciting development for liquidity providers and investors within the TON DeFi space. As more users engage with staking and liquidity mining, the ecosystem is poised for rapid growth. With support from critical DEXs and staking protocols, the program will likely see a surge in participation, bringing deeper liquidity and improved staking returns.