From the evidence we\u2019ve gathered over the years, it\u2019s safe to say that the most important thing in any technology is the User experience\u200a\u2014\u200awhether a web2 or 3 technology. For the length of time Web3 has been in use, what we have also come to realise is that users are largely motivated by 3\u00a0things;<\/p>\n
The money<\/strong>\u200a\u2014\u200ain the industry and what they can make from\u00a0it,The fun\u00a0<\/strong>and,The ideology<\/strong> behind the technology.<\/p>\n On a scale of importance, the money and the fun rank higher than the ideology. That\u2019s not to belittle the effect of ideology in this industry. All the innovations as we know today are a direct product of ideology, but the downside is that ideology is complex and is not a suitable fit for newcomers and users with basic knowledge.<\/p>\n Any innovation that can combine Money and fun is certain to onboard the next 100M newcomers and basic knowledge users to web3. TON through its games has come up with a creative way to combine money and fun. There are a lot of funny pictures and videos on the internet of people playing these games at unusual times and places just for the money and fun. Thus, the reason for user surge in the Blockchain\u00a0is as clear as\u00a0day.<\/p>\n Source\u200a\u2014\u200aTonStats<\/a><\/p>\n Unarguably for a long time, this is the most I have seen people have so much fun while making money in\u00a0web3.<\/p>\n However solidifying play2earn games in the mainstream requires a joint effort from other TON-based protocols. Just as there\u2019s no development in isolation, collaborative effort through incentivized programs from fellow projects are a key to converting random play2earn users to loyal ambassadors of the TON ecosystem.<\/p>\n $CATI is the native token of Catizen<\/strong>, a Telegram mini-app game. Catizens is the 1st Binance Labs-funded Telegram project and has garnered a substantial user base of over 25 million players generating over $31 million in\u00a0revenue<\/strong>.<\/p>\n In line with its token launch a few days ago, I showed how easy it is to acquire these $CATI tokens<\/a> from STON.fi DEX<\/a>. Now it\u2019s time to use these tokens to participate in the ongoing STon.fi\u00a0event.<\/p>\n At the time of this writing, there are 25 active farms on the STON\u2019s pool\u00a0page.<\/p>\n So what makes CATI farms stand out from the\u00a0rest?<\/p>\n First, the rewards of the event stand at $86,000. Currently, 2 pools are available in this event\u200a\u2014\u200aCATi\/TON and CATI\/USDT for each pool there\u2019s a reward of $43,000. If not for any other thing, this incentive is enough to grab your attention!Second, the Liquidity pool tokens of both pairs is not locked in a smart contract, i.e. you can withdraw your liquidity at any\u00a0time.Third, both pairs are in the top 5 pools based on 24-hour\u00a0APR.<\/strong><\/p>\n For clarity, APR stands for Annual Percentage Rate. <\/strong>This number shows you the annual yield of the pool based on the past 24 hours of data. Think of it as an estimate of how much you might earn if things stay the same throughout the\u00a0year.<\/p>\n Supplying into the Liquidity pool to gain LP\u00a0tokensFarming on your LP tokens\u00a0and,Claiming your share of the reward pool,\u00a0anytime!<\/p>\n Now, let\u2019s take these steps together\u00a0–<\/p>\n Prerequisite\u200a\u2014\u200aown CATI, USDT or TON tokens depending on the pool you wish to participate in. Remember to keep some TON for transaction fees.<\/p>\n For this guide, we will participate in the CATI\/USDT farm.<\/strong><\/p>\n Launch the Ston.Fi App<\/a> and select\u00a0pools.<\/p>\n Proceed to connect your wallet with any TON compatible wallet like MyTonWallet, TonKeeper, TonHub. If you don\u2019t have account, <\/em>learn how to open one\u00a0here.<\/em><\/a><\/p>\n Select the CATI\/USDT pools and click the \u2018add liquidity\u2019 button<\/p>\n Now, you should something like\u00a0this.<\/p>\n Input the amount of $CATI you are willing to supply to the pool. The algorithm will automatically calculate the amount for the\u00a0USDT. That way, an equal value of both pair of tokens is in the Liquidity pool.<\/p>\n Click \u2018Preview Liquidity provision\u2019, and confirm transaction from your connected wallet.<\/p>\n Done! We have completed the first step of providing liquidity. By doing this, we\u2019ll immediately start receiving a share of fees from each transaction in this pair. And more importantly, we\u2019ll also receive rewards in LP tokens\u200a\u2014\u200aspecial tokens from the DEX confirming our liquidity provision.<\/p>\n Go to the \u2018Pools\u2019 tab<\/a> and toggle on the Farming switch to show all available farms. Select and click on\u00a0it.<\/strong><\/p>\n Remember, in this guide, we are using the CATI\/USDT pair.<\/p>\n Click on the highlighted \u2018farm\u2019 option, by the right side of the\u00a0image.<\/p>\n Because we already have this asset pair in our liquidity pool, this means we can start farming! Just go ahead and Click the \u2018Farm\u2019 option and preview the details on the drop down\u00a0menu.<\/p>\n Confirm the transaction in your wallet, and Congratulations, your transaction is successful\u00a0!<\/p>\n At this point, we are done with the primary task of farming our LP asset. Ignore the volume I used for this exercise, I kept it small because it is a guide. Ensure to check in on your assets in this farm regularly. Every time you do this, you should something like\u00a0this.<\/p>\n After a few days precisely October 4, when this event comes to an end, Revisit the STON.fi\u00a0app.Navigate to the active pools, just like we did above. Here, your position in the farm and the amount of earned rewards are displayed. Proceed and click \u2018claim rewards\u2019 button, enter MAX to claim all the\u00a0rewards.<\/p>\n Note\u200a\u2014\u200aclaiming rewards doesn\u2019t mean you have exited the liquidity pool. If you wish to exit the liquidity pool, follow this easy\u00a0guide<\/a>.<\/p>\n The CATI farming $86,000 farm is ongoing. This ultimate guide is all you need to position yourself to make the most from this event. Remember, the higher your farm valus, the larger share of rewards you\u2019ll\u00a0recieve.<\/p>\n This guide is not only limited to CATI\/USDT farming, anytime you want to participate in a farm on STON.fi, or you know anyone who wants to, this guide is perfect to serve the\u00a0purpose.<\/p>\n Enjoyed reading this article? Please clap and follow me as a show of your support! To learn more about\u00a0STON.fi<\/p>\n Head over to the Website: https:\/\/ston.fi\/<\/a>Check out Crosschain SDK at https:\/\/github.com\/ston-fi\/<\/a>Follow on Twitter: @ston_fi<\/a> and Telegram: @stonfidex<\/a><\/p>\n The Ultimate Guide to Farm Assets on STON.fi<\/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":" Farms pools are open for CATI, follow this guide to share in the impressive reward\u00a0pool! What\u2019s behind Play2earn\u2019s popularity? From the evidence we\u2019ve gathered over the years, it\u2019s safe to say that the most important thing in any technology is the User experience\u200a\u2014\u200awhether a web2 or 3 technology. For the length of time Web3 has […]<\/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-9548","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/9548"}],"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=9548"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/9548\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Introducing $CATI\u00a0Farms<\/h3>\n
What\u2019s so special about CATI\u00a0farms?<\/h4>\n
Earning a part in this $86,000 reward pool is as simple as\u00a0–<\/h3>\n
Step 1\u200a\u2014\u200aSupplying into the Liquidity pool to gain LP\u00a0tokens<\/h4>\n
Step 2\u200a\u2014\u200aFarming on Our LP\u00a0tokens<\/h4>\n
Step 3\u200a\u2014\u200aClaiming your share of the reward\u00a0pool.<\/h4>\n
Key Takeaways<\/h3>\n