STON.fi DEX Weekly Roundup: Thriving Towards Mass Adoption with Exciting Developments and Security Focus

Feranmi
2 min readJan 15, 2024

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Introduction: The cryptocurrency ecosystem is ever-evolving, and STON.fi DEX is making significant strides towards mass adoption. In this weekly round-up, we explore the latest developments, security measures, and exciting opportunities that STON.fi has brought to its community.

  1. Enhancing User Experience and Efficiency: STON.fi is dedicated to optimizing its platform for mass adoption. Plans include improving data caching principles, streamlining user account management, and reducing the load on TON blockchain nodes. These enhancements aim to ensure seamless processing of a substantial number of transactions without delays. For a detailed overview of their ongoing work, readers can refer to the official post here.
  2. Security Remains Paramount: Security is a top priority for STON.fi, as highlighted in their recent user communication here. The team has been vigilant against fraudulent schemes such as rug pull and fake tokens. To educate users further, an insightful article on the most common types of crypto scams has been published on the STON.fi blog here.
  3. Active Participation in Notcoin Campaign: STON.fi is actively engaged in the Notcoin campaign, with a dedicated squad created for community members to mine Notcoin together. With over 200,000 participants already, the community is growing strong. Those interested can join the STON.fi squad here.
  4. New Trading Opportunities: Exciting trading opportunities have emerged with the availability of the $TOT token from the TonTogether project. Users can trade and provide liquidity for $TOT on the STON.fi platform here.
  5. $PET Token Farming and Rewards: The $PET token is now available for farming on STON.fi, offering participants the chance to earn rewards. A total of 1,100,009 PET tokens will be distributed in the PET/TON farm over the next 14 days. Details on farming opportunities can be found here.
  6. TON Winter Fest: As the TON Winter Fest approaches its conclusion here, STON.fi encourages users to join and compete for rewards totaling $40,000. With a few days left, it’s not too late to participate and potentially emerge as a winner.

DEX Statistics:

  • Weekly Trading Volume: 5,272,129 TON
  • TVL (Total Value Locked): 2.4M TON
  • Liquidity Provider Rewards: 10,544 TON

STON.fi DEX is making impressive strides, not only in technical developments but also in fostering a secure and engaging community. As the platform continues to evolve, users can expect more exciting opportunities and a robust ecosystem that paves the way for widespread adoption in the crypto space. Stay tuned for further updates from STON.fi as they continue to shape the future of decentralized finance.

👉 Explore our Discord community: http://discord.gg/bdmaGV6qUw

👉 Visit our Reddit page: http://reddit.com/r/STONFi/

👉 Join us on Telegram: http://t.me/stonfidex

Visit our website: www.ston.fi

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Feranmi
Feranmi

Written by Feranmi

Crypto || Defi || Content Creator

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