Yield Farming on DEX: How to Earn Passive Income on TON

Have you ever thought that you can put your cryptocurrencies to “work” and earn income just by having them there? This is farming, and I will explain it simply.

Why do DEXes offer farming?

Decentralized exchanges ( like STON.fi on TON) need a lot of liquidity to function well. The more liquidity a token pair has, the better the exchange rate and the less slippage you experience. To attract liquidity providers, these DEXes offer rewards - whether native tokens, foundation grants, or partnerships.

How does it work in practice?

1. You deposit two tokens (, for example, TON and USDT) into a pool.
2. Receive LP tokens ( liquidity provider ) that prove your share
3. Start receiving rewards every day - both the pool fees and the farming rewards

Selling real numbers

The active pools on STON.fi show the difference:

• TON/HMSTR: 338% APR total (133% farm + 205% pool) - absolutely surreal
• CATI/TON: 58.26% APR (practically only pool, minimum farm)

These extremely high fees come from new projects offering generous incentives to attract liquidity at launch.

The important detail

These APRs are not guaranteed. As the pool matures and receives more liquidity, the percentages decrease. Furthermore, you run the risk of impermanent loss if the prices of the two tokens decouple significantly.