Ston.fi<\/p>\n
If you\u2019re diving into the world of decentralized finance (DeFi) and exploring opportunities on STON.fi, there\u2019s some big news you need to know. Starting this week, farming rewards for key pools like TON\/USDT<\/strong>, tsTON\/USDT<\/strong>, and stTON\/USDT<\/strong> are being migrated from V1 pools to V2 pools. This shift is part of the TON Foundation\u2019s push to optimize liquidity farming and improve yields for\u00a0users.<\/p>\n What does this mean for you as a user? And how can you adjust to maximize your rewards? Let\u2019s break it down step by step so it\u2019s easy to follow, whether you\u2019re new to STON.fi or a seasoned liquidity provider.<\/p>\n In simple terms, the TON Foundation is transitioning farming rewards from the older V1 liquidity pools to newly established V2 pools. The migration is phased, so you don\u2019t need to rush, but staying proactive will help you get the most out of your investments. Here\u2019s the timeline:<\/p>\n For liquidity providers, this means you\u2019ll need to move your assets from V1 to V2 pools to continue earning\u00a0rewards.<\/p>\n If you\u2019re farming on STON.fi, your earnings come from staking liquidity provider (LP) tokens in farming pools. With the migration to V2 pools, all the rewards will soon reside there. Staying in the V1 pools beyond the migration period means you\u2019ll stop earning, while others in V2 pools will continue to rake in the benefits.<\/p>\n Key takeaway: To keep earning rewards\u2014and possibly earn more due to optimized pool mechanics\u2014you\u2019ll need to transition your LP tokens to the new V2\u00a0pools.<\/p>\n Three main pools are part of this migration:<\/p>\n TON\/USDT<\/strong><\/p>\n tsTON\/USDT<\/strong><\/p>\n stTON\/USDT<\/strong><\/p>\n For each pair, the migration path is straightforward. Here\u2019s how it\u00a0looks:<\/p>\n TON\/USDT V1 \u2192 TON\/USDT\u00a0V2<\/strong><\/p>\n tsTON\/USDT V1 \u2192 tsTON\/USDT V2<\/strong><\/p>\n stTON\/USDT V1 \u2192 stTON\/USDT V2<\/strong><\/p>\n You\u2019ll need to withdraw your liquidity from the V1 pools and deposit it into the corresponding V2 pools. Don\u2019t worry\u2014this process is easier than it sounds, and I\u2019ll explain how to do it\u00a0shortly.<\/p>\n If you\u2019ve never moved liquidity between pools before, here\u2019s a simple guide to get you\u00a0started:<\/p>\n Navigate to the V1 pool where your LP tokens are\u00a0staked.<\/p>\n Unstake your LP tokens if they\u2019re staked in\u00a0farming.<\/p>\n Withdraw your liquidity from the\u00a0pool.<\/p>\n Head over to the V2 pool section on\u00a0STON.fi.<\/p>\n Provide liquidity for the same pair (e.g., TON\/USDT) by depositing your assets. This will generate new V2 LP\u00a0tokens.<\/p>\n Go to the Pools tab and select the relevant V2\u00a0pool.<\/p>\n Stake your newly issued V2 LP tokens to start farming rewards immediately.<\/p>\n Check out STON.fi guide on Liquidity<\/strong> \u27a1\ufe0fhttps:\/\/guide.ston.fi\/en\/how-to-provide-liquidity-on-ston.fi<\/a><\/p>\n You might be wondering, Why make the switch? Beyond simply maintaining your rewards, the new V2 pools offer several potential benefits:<\/p>\n Optimized Reward Distribution: The TON Foundation aims to enhance yield opportunities through the updated pool mechanics.<\/p>\n Future Incentives: V2 pools will likely be the focus for upcoming campaigns and\u00a0rewards.<\/p>\n Staying Ahead: Migrating early ensures you\u2019re farming in the most lucrative and active\u00a0pools.<\/p>\n By making the move, you\u2019re positioning yourself for better returns and long-term growth.<\/p>\n ___<\/p>\n If you decide not to migrate, your LP tokens will remain in the V1 pools. However, starting November 25, these pools will no longer offer rewards. Essentially, you\u2019d be leaving money on the table while others continue to earn in the V2\u00a0pools.<\/p>\n If you\u2019re new to STON.fi, here are a few things to keep in mind during the migration process:<\/p>\n Understand LP Tokens<\/strong>: When you provide liquidity, you receive LP tokens in return. These represent your share of the pool and are required for staking in farming\u00a0pools.<\/p>\n Start Small:<\/strong> If you\u2019re trying this for the first time, start with a smaller amount to get comfortable with the\u00a0process.<\/p>\n Use the Resources<\/strong>: STON.fi offers guides and a support community (via Discord and Telegram) to help you navigate the platform.<\/p>\n \ud83d\udd17https:\/\/guide.ston.fi\/en\/<\/a> \ud83d\udd17<\/p>\n \ud83d\udd17https:\/\/discord.gg\/bdmaGV6qUw<\/a> \ud83d\udd17<\/p>\n \ud83d\udd17https:\/\/t.me\/stonfidex\ud83d\udd17<\/a><\/p>\n The migration to V2 pools on STON.fi is more than just a technical update\u2014it\u2019s an opportunity for liquidity providers to enhance their farming strategy. By making the move, you\u2019re not only ensuring continuous rewards but also aligning with the TON Foundation\u2019s vision for a more efficient DeFi ecosystem.<\/p>\n Don\u2019t wait until the last minute to migrate. Start exploring the V2 pools today, and position yourself for higher yields in the weeks to come. The DeFi world moves fast, and staying informed and proactive is the key to\u00a0success.<\/p>\n Ready to make the switch? Head to STON.fi and start your migration now!<\/p>\n \ud83d\udd17https:\/\/app.ston.fi\/swap <\/a>\ud83d\udd17<\/p>\n Unlocking More Rewards: A Beginner\u2019s Guide to the STON.fi Farming Rewards Migration<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" Ston.fi If you\u2019re diving into the world of decentralized finance (DeFi) and exploring opportunities on STON.fi, there\u2019s some big news you need to know. Starting this week, farming rewards for key pools like TON\/USDT, tsTON\/USDT, and stTON\/USDT are being migrated from V1 pools to V2 pools. This shift is part of the TON Foundation\u2019s push […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-22101","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22101"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22101"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22101\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What\u2019s Happening with the\u00a0Pools?<\/h3>\n
Week 1 (Starting Nov 18, 13:00 UTC): 50% of farming rewards will be allocated to V2 pools, with the remaining 50% still available in V1\u00a0pools.<\/h4>\n
Week 2 (Starting Nov 25, 13:00 UTC): 100% of the rewards will shift to V2 pools. V1 pools will no longer generate rewards after this\u00a0date.<\/h4>\n
Why Is This Migration Important?<\/h3>\n
What Pools Are Affected?<\/h3>\n
How to Migrate Your Liquidity Step by\u00a0Step<\/h3>\n
1. Withdraw Liquidity from V1\u00a0Pools<\/h3>\n
2. Add Liquidity to V2\u00a0Pools<\/h3>\n
3. Stake Your V2 LP\u00a0Tokens<\/h3>\n
Benefits of Migrating to V2\u00a0Pools<\/h3>\n
What Happens if You Don\u2019t\u00a0Migrate?<\/h3>\n
A Few Tips for New\u00a0Users<\/h3>\n
Check them out\u00a0here\u2b07\ufe0f<\/h4>\n