UjiRho

A good thing about Web3 is the decentralized aspect.
Cuz being in the decentralized zone allows you do whatever you want and makes every decision made by users so flexible you'd think the place is run by users.
& JSYK, StonFi is a decentralized zone too.
Being a marketplace for tokens on $TON , it runs on liquidity pools (aka LPs) instead of the traditional way where one buyer has to be paired to one seller (this sounds like p2p to me sha)
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so the way most exchanges work, they use order books, which in turn need active buyers and sellers to get paired and they also kinda rely on centralized systems to keep things running
tbh this is where a lot of problems come from.
But for every problem, there's always a solution to it
We just need to find the easy and simple solutions (which is usually hard to find)
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One solution that's already known of rn is/are LPs
The nice thing about LPs is that they have the tokens at hand.
So if I want to interact with $MAJOR while I have USDT, I can just swap it norms with StonFi's swap site
BUT
If I want to do that and still earn more on my way eventually, I'd look for any active $MAJOR /USDT pair pool and provide my USDT.
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Regardless there's more to crypto than trading or providing liquidity.
Have you heard of stocks trading?
Or staking?
All these are available on StonFi's DEX.
It's left for you to explore them as you learn everyday...
#liquidity #STONfi #STOCKS #TRADING #Decentralized

𝗗𝗢𝗡𝗧 𝗟𝗘𝗧 𝗧𝗛𝗘 % 𝗙𝗢𝗢𝗟 𝗬𝗢𝗨!
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When people provide liquidity, they usually focus on rewards first like APY, incentives and farming boosts, but before rewards there is something more important to understand which is how the pool behaves.
On STONFI, a liquidity pool (LP) makes the prices be based on the supply and demand, and every trade slightly changes the balance inside the liquidity pool also known as LP.
Thus, when the trading volume increases, fees increase.
Also when there are many active traders of the particular tokens, the price impact can reduce because of the more people trading it.
Same goes for the token volatility which simply means the rate of change in market price, and if it rises, the price change inside the pool will become more noticeable.
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So before entering any pool, it is always best to understand the type of pair involved (eg Ton/USDT $TON ) because a stable pair (like $USDE ) behaves differently from a volatile pair (like $ZAMA )
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In a brief of all, when you want to provide liquidity, do not be carried away by the yield percentages like APY or APR.
It is always better to understand the mechanics of the LP you wish to enter, and this can help reduce the risk you take whenever you are dealing with liquidity pools.
#LiquidityPools #YIELD #Farming #STONFI