How does providing liquidity in tsTON on DEX through Tonstakers Earn work?
For liquidity provision on DEX through Tonstakers Earn, pools like tsTON/USDT are used. You may also use other pairs, such as tsTON/TON. The process involves:
- Holding tsTON and USDT in your wallet.
- Depositing tsTON and USDT into a liquidity pool on a DEX and receiving LP tokens from the pool.
- In the case of farming on STON.fi, you need to deposit LP tokens into farming. On DeDust, the platform automatically does this for you.
As a result, users earn staking rewards, liquidity pool trading fees, and farming rewards.