Exciting news for the DeFi community! STON.fi, a leading decentralized exchange, has integrated with EVAA, a powerful lending protocol built directly into Telegram. This collaboration opens up a world of possibilities for STON.fi liquidity providers, allowing them to use their TON/USDt v2 pool LP tokens as collateral on EVAA. Here’s how this integration transforms your DeFi strategy and what it means for you.
What This Integration Means for You
With this integration, your STON.fi liquidity positions are no longer just passive investments. By using your LP tokens as collateral on EVAA, you can unlock borrowing features, amplify your positions, and potentially boost your returns. This is a game-changer for both casual and advanced DeFi users looking to maximize their opportunities within the TON ecosystem.
How It Works
Here’s a step-by-step breakdown of how you can leverage this integration:
1. Provide Liquidity on STON.fi: Add liquidity to the TON/USDt v2 pool on STON.fi to receive LP tokens. These tokens represent your share of the pool and its fee-generating potential.
2. Deposit LP Tokens on EVAA: Use your STON.fi LP tokens as collateral on EVAA’s lending platform.
3. Borrow Assets: Borrow TON or USDt against your collateralized LP tokens while continuing to earn fees from your liquidity position.
4. Amplify Your Strategy: Reinvest your borrowed assets back into the TON/USDt pool on STON.fi to generate more LP tokens, potentially increasing your APR.
For advanced users, this opens the door to looping strategies. By borrowing against your LP tokens, adding those assets back to the pool, and repeating the cycle, you can amplify your position and rewards. However, be cautious—monitor your health score on EVAA to manage liquidation risks, especially during periods of TON price volatility.
Why This Matters
This integration showcases the growing interconnectedness of TON-based DeFi protocols. By combining STON.fi’s liquidity pools with EVAA’s lending capabilities, users can create sophisticated strategies that were previously out of reach. It’s a step toward a more dynamic and flexible DeFi ecosystem, empowering users to make their assets work harder.
Get Started Today
Ready to explore this powerful new feature? Head over to [STON.fi](https://ston.fi) to provide liquidity to the TON/USDt v2 pool, then visit [EVAA](https://evaa.finance) to use your LP tokens as collateral. The possibilities are endless, but as always, *do your own research (DYOR)* before diving in. Understand the risks, especially with advanced strategies like looping, and make informed decisions.
Stay Connected
Disclaimer: DeFi involves risks, including potential loss of funds. Always research thoroughly and understand the risks before participating.*
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