RISKEE_MID

STONfi
Built on the backbone: TON
More than 31.7 million swaps. Over 5.8 million unique swappers. Approximately $6.9 billion in cumulative volume. Those numbers read like a headline — but their real significance lies in how they were produced: not by a handful of whales, but by millions of tiny, deliberate decisions happening every day. That sustained stream of micro-swaps raises an obvious question: why hasn’t the network choked under the load?
The short answer is thoughtful, end-to-end engineering. From the base layer to the user interface, the system is designed to make high-frequency, low-value trading practical and efficient.
Layer 1: horizontal scaling and fast finality
TON approaches throughput differently from single-chain architectures. Dynamic sharding lets the protocol split workload across multiple shardchains as demand rises, preventing single-chain bottlenecks and enabling true horizontal scaling. Combined with a Proof-of-Stake consensus that achieves approximately 5–6 second finality, the base layer keeps transaction latency low while maintaining robust security guarantees. And because gas costs are ultra-low — often a fraction of a cent — tiny trades stop being economically irrational.
Lean execution: native design, minimal overhead
STONfi’s primitives were built natively for TON’s virtual machine, not ported from an EVM environment. That matters. Native AMM contracts are lean: a standard swap touches only the wallet, the pool, and the routing logic. There’s no excess choreography, no bulky compatibility layers, and therefore a much smaller execution footprint per trade. This lightweight contract design directly translates into higher throughput and fewer opportunities for execution failures.
Smarter routing with Omniston
Routing is one of the hidden costs of on-chain trading: inefficient routes increase slippage, add failed transactions, and generate unnecessary chain noise. Enter Omniston — a liquidity aggregation and routing layer that collapses route discovery and execution into one optimized flow. Instead of trying many suboptimal paths, Omniston computes and executes the best structured route for a given trade. The result is fewer retries, lower slippage, and less wasted gas across the network.
Why micro-swaps work here (and what they enable)
When trade costs are essentially negligible and finality is fast, many strategies become viable that would be impossible on higher-cost chains:
Frequent rebalancing: Market makers and yield strategies can rebalance portfolios granularly without bleeding value to fees.Bot strategies at scale: Arbitrage and liquidity management bots can act more often and more precisely.User-level micro-trading: Retail users can trade small amounts for experimentation, on-chain games, or payments without worrying about prohibitive costs.
These behaviors multiply activity without creating chaos because the network’s architecture absorbs the load instead of forcing it through a single choke point.
Demand drivers: product fit and community channels
STONfi’s product decisions reinforce the technical advantages. By focusing on minimal execution paths and efficient routing, the platform minimizes friction for end users. On top of that, integrations with community channels — notably Telegram — encourage granular, high-frequency interactions. Social and bot-driven workflows on Telegram push many small transactions into the fabric of daily activity, contributing to the dense, steady flow of swaps rather than bursty, whale-driven spikes.
Measured efficiency: less noise, more useful data
High transaction counts often raise the specter of network spam. But in this environment, many transactions are economically meaningful micro-decisions enabled by low fees and fast confirmations. Because routes are optimized and failed trades are reduced, the on-chain footprint is a higher-signal dataset: more successful swaps, less noise from retries and failed attempts. That improves liquidity efficiency and makes analytics — from slippage patterns to user behavior — more actionable.
The practical takeaway for traders and builders
For traders: the combination of low gas, fast finality, and optimized routing means you can execute smaller, more frequent trades without paying a prohibitive tax in fees or time. For builders: a native VM and lean contract design demonstrate that every byte of execution cost matters; optimizing smart contracts for the chain they run on unlocks real, measurable performance and user-value gains.
Conclusion
Millions of micro-swaps are a stress test, and a demonstration. They expose whether a stack is merely functional or truly designed for scale. In this case, the architecture — from TON’s dynamic sharding and PoS finality to STONfi’s native, minimal AMMs and Omniston’s optimized routing — converts what could have been friction into a new mode of efficient on-chain activity. Low fees and high throughput don’t just make more trading possible; they change what trading looks like.
Explore the platform and learn more about how these pieces fit together at linktr.ee/ston.fi.

#BTCReclaims70k #MetaPlansLayoffs

From chat to chain: the most effective growth cycle in crypto
Telegram as a native channel
The main barrier to mass adoption of crypto is friction. Setting up wallets, saving seed phrases, switching networks, and browser extensions turn interest into refusal. The solution is to start within the app where the user already spends time: a single tap activation of a Mini-App within the messenger minimizes cognitive load and increases the likelihood of trial interaction.

From Chat to Chain: The Most Efficient Growth Loop in Crypto
The next frontier of crypto growth isn’t another flashy token launch or airdrop — it’s removing points of friction that keep mainstream users from becoming on-chain participants. By flipping the traditional onboarding funnel on its head, a new pattern proves that the shortest path from curiosity to activity is the one people already travel every day: chat.
Telegram as the Native Channel
Most mainstream users already live inside one or two apps: chat, social, or payments. When a blockchain experience requires installing extensions, saving seed phrases, or switching networks, modern onboarding stalls. By contrast, starting inside a familiar chat app removes those initial barriers.
A Mini-App launched from inside Telegram opens in a single tap, with no redirects, no browser wallets, and no separate sign-ups. That changes the psychology of discovery. Instead of asking a user to learn new tools, you meet them in the place where they’re already comfortable and reduce cognitive load to a single decision: try the Mini-App.
TON: Embedded Wallets and Smooth Consent
The frictionless promise continues once users enter the Mini-App. Instead of forcing a complex wallet setup, the experience uses an embedded wallet approval flow (TON Connect) that feels like granting permission inside the app rather than performing a technical ritual.
TON Connect — a lightweight approval and wallet-linking flow — turns a multi-step onboarding checklist into an elegant UX: a clear prompt, a permission, and the user is ready. The result is dramatically reduced drop-off, and far higher conversion from passive visitor to on-chain actor.

STONfi — The Liquidity Backbone
Once wallet activation is seamless, liquidity becomes the enabler of real economic activity. That’s where STONfi and its Omniston layer matter.
STONfi provides the plumbing for swaps, routing, and low-cost execution so Mini-Apps — from games to social tokens to tokenized finance — never have to reimplement market infrastructure. Its Omniston aggregation layer optimizes routing and execution across liquidity sources, keeping slippage low and fees minimal. That means:
Instant swap UX without degraded pricing.Reliable exit paths for earned rewards and tokenized assets.Simplified treasury and reward flows for builders.
When liquidity is accessible and predictable, developers can focus on product design and distribution instead of market engineering.
How the loop works (short and powerful)
Discovery: a user taps a Mini-App link inside Telegram.Entry: the Mini-App launches in-chat — no installs, no redirects.Wallet: wallet activation is handled by a smooth, in-app approval flow (entity["organization","TON Connect","wallet integration"]).Liquidity & Execution: transactions route through STONfi and its aggregation layer (Omniston as xStocks)
Read and explore more about STONfi here: linktr.ee/ston.fi

Telegram-native DeFi: Finance Embedded in Everyday Flow
For years decentralized finance felt like a parallel universe: a browser, an extension, network switches, and interfaces built for power users. It worked, but it rarely felt natural. Today that friction is being redesigned — not by moving people to new places, but by bringing finance into the places where they already spend time.
At the heart of this shift is a blockchain built to move fast and cheap. Built on TON, Telegram-native DeFi makes micro-interactions viable: near-instant finality and negligible fees turn what used to be costly, infrequent decisions into smooth, social, and continuous experiences. The result is a product category that’s not a separate destination, but an embedded layer of everyday digital life.
Why embedding DeFi inside chat matters
People already use chat to coordinate, transact, and discover. Embedding finance inside that flow changes user expectations and product design:
Zero context switching. A swap or token claim begins where the conversation happens — no app store detours, no extension installs.Social discovery. Financial actions emerge from group chats, bots, and Mini-Apps, reducing acquisition friction and surfacing use cases organically.Micro-interactions become meaningful. Low fees and fast confirmations let developers rethink rewards, loyalty, and on-chain game economies as continuous systems rather than rare events.
The experience stops feeling like “using DeFi” and starts feeling like using the internet: payments, swaps, and positions simply happen as part of other activities.
Liquidity and execution: the backbone
Seamless UX requires depth under the hood. That’s where liquidity infrastructure matters. Liquidity must be deep, routing efficient, and execution reliable so that a user swapping tokens inside a chat gets the same on-chain certainty as they would on a dedicated exchange.
Enter a unified liquidity layer tailored to the Telegram environment: through pooled liquidity and intelligent aggregation, swaps are routed for best price and reliability across Mini-Apps. This aggregation ensures that converting base tokens into in-app tokens — for a game, an NFT mint, or a rewards payout — is instant and predictable, preserving the “feel” of a native experience.
STONfi as the liquidity engine
A dedicated liquidity protocol stitches those user interactions to on-chain markets. STONfi plays that role by combining concentrated pools with an aggregation layer. That dual approach provides two immediate benefits:
Pricing depth where it’s needed. Pools tuned for common Telegram flows (small, frequent swaps; game token conversions; rewards redemptions) reduce slippage for on-chain microeconomies.Cross-app routing. An Omniston-style aggregation layer routes across pools and partner Mini-Apps so liquidity is shared, not siloed — meaning a user can exit game rewards to native tokens or access external assets without manual migrations.
In short, the UX designers can focus on the front end while STONfi and its aggregation layer handle the heavy lifting of price discovery and execution.
The user journey — social to on-chain in a few taps
A typical flow highlights how natural this becomes in practice:
A group message or bot highlights a token drop or in-chat game event.A Mini-App opens in-place — no additional download required.Wallet activation happens via TON Connect, a one-time flow that links a user to an on-chain identity.The user taps “swap” to convert TON into an in-app token; routing and execution happen instantly through the liquidity backbone.The outcome — a staked position, an NFT, a game upgrade — is created on-chain and visible in the user’s wallet and activity feed.
This sequence preserves the social entry point while guaranteeing real, auditable on-chain ownership.
Use cases that suddenly make sense
When DeFi is native to chat, product designers can rethink what makes economic sense:
Gaming economies: Frequent micro-purchases and reward claims become frictionless.Creator monetization: Tokenized access, tip flows, and revenue splits can be resolved instantly during live interactions.Micro-investing and tokenized assets: Access to tokenized instruments (like xStocks and other wrapped assets) becomes a tap inside a community, not a separate process.Loyalty and rewards: Brands can issue and reclaim tokens in conversational campaigns with negligible overhead.
These scenarios are practical because transaction cost and latency no longer block repetition or experimentation.
Security, transparency, and user trust
Embedding finance into a social surface raises important responsibilities. Best practices to preserve trust include:
Clear UX for permissioning. Wallet prompts and signatures must be explicit, human-readable, and contextual.On-chain audibility. Every swap and position should be verifiable on-chain so advanced users can audit and newcomers can learn.Smart contract hygiene. Protocols providing liquidity and aggregation must be battle-tested, audited, and designed for graceful upgrades.Fallback UX. When liquidity is thin or a route fails, minimize user surprise with clear error handling and alternatives.
When these safeguards are in place, social integrations amplify adoption without exposing users to avoidable risk.
Toward a natural financial layer
Telegram-native DeFi reframes the product question from “How do we get users into DeFi?” to “How do we make finance disappear into everyday interactions?” That changes priorities: instead of building monolithic destinations, teams build small, contextual financial moments — backed by deep liquidity, low fees, and on-chain finality.
For developers and product leaders, the opportunity is to design experiences that feel social first and financial second — experiences where ownership, value transfer, and economic participation are simply part of how people already communicate.

Explore STONfi and how the liquidity backbone powers Telegram-native use cases: linktr.ee/ston.fi

Telegram Mini-Apps and hidden liquidity that makes them viable
Mini-Apps integrate Web3 services directly into the familiar messenger: no installation, no extensions, with instant wallet connection via TON Connect. From a user's perspective, everything seems simple — however, behind this simplicity lies an important financial question: where does liquidity come from when users buy, exchange, or withdraw tokens?

Telegram Mini-Apps on TON — the hidden liquidity layer from STONfi
Telegram Mini-Apps have quietly become one of the easiest on-ramp experiences for Web3: instant access inside a familiar chat client, native wallet connections via TON Connect, and friction-free onboarding for millions of users. That simplicity at the surface masks a recurring, critical question for every Mini-App developer and product team: where does the liquidity — the ability for users to swap, cash out rewards, and rebalance tokens — actually come from?
The problem: distribution without plumbing
Mini-Apps deliver UX and distribution: they let gaming projects, social tokens, and reward systems reach Telegram’s user base without separate installs or browser extensions. But those user flows inevitably need capital rails. Entry/exit swaps, stablecoin conversions for in-app economics, and low-slippage routing under peak loads are not solved by UX alone — they require robust DeFi infrastructure and intelligently routed liquidity. If liquidity is shallow or routing is inefficient, users face slippage, failed transactions, and a broken in-app economy.
The backbone: how STON.fi fills the gap
STON.fi operates as one of TON’s primary decentralized exchanges and aggregation layers. It reports deep on-chain activity and has become the practical liquidity backbone for many Mini-Apps by offering on-chain pools, routing, and developer integrations that make swaps feel like a built-in feature rather than an external dependency. STON.fi’s public metrics and ecosystem reporting point to substantial lifetime volume and swap counts that are the kinds of signals app builders look for when selecting a liquidity partner.
Omniston: aggregation and routing intelligence
Key to STON.fi’s value proposition is Omniston — a liquidity aggregation layer that unifies multiple DEX sources, RFQ resolvers, and routing paths into a single smart-routing interface. For Mini-Apps that expect bursts of activity (game launches, reward drops, tournaments), Omniston’s job is to minimize slippage by finding the best composite route across available liquidity, to split trades when beneficial, and to fall back safely during congestion. The result: smoother UX, fewer failed swaps, and more predictable in-app economics.
Developer primitives: widget, SDK, and escrow flows
STON.fi exposes integration options that fit common Mini-App patterns:
Swap widgets — embeddable UI components Mini-Apps can drop into their flows for instant connect-and-swap, letting users convert onboarding funds, purchase in-app tokens, or cash out with minimal friction.SDK integrations — direct SDKs for teams that want deeper control, on-demand routing, and programmatic swap orchestration tied to game or reward logic.Escrow-based swaps and treasury tooling — useful for apps that accumulate token rewards and need backend functions to rebalance, convert to stables, or manage treasury exposure without exposing private keys in the UI. These advanced flows let Mini-Apps operate predictable economies even as token balances fluctuate.
Why this matters for Mini-App economics
When Mini-Apps can rely on mature liquidity rails they can:
Reduce user friction (fewer failed or surprise-slippage trades),Offer instant reward liquidity (convert in-app tokens to TON/stables quickly),Build predictable treasury strategies (automated rebalancing into stable assets),Scale user monetization without building and funding bespoke liquidity pools.
That combination turns distribution (Telegram) + execution (TON) + product (Mini-App) into a sustainable economic stack — but only if the liquidity layer is reliable and integrated.
Practical reading & resources
Explore STON.fi’s developer docs and Omniston overview for integration guides and routing details.Read STON.fi’s blog for protocol updates, product releases, and ecosystem announcements.Community and analytics (user-contributed dashboards) can be helpful to verify activity and volume trends — for example, dashboards on Dune. (dune.com/whale_hunter/stonfi) — useful when you need empirical signals about swap volume and pool depth.
Takeaway
Telegram Mini-Apps remove barriers to entry for users, and TON provides the fast, low-fee rails — but neither alone solves liquidity. That hidden, financial plumbing is the role of a specialized liquidity layer: smart routing, deep pools, and developer primitives that let Mini-Apps treat swaps as a native capability. STON.fi — and specifically its Omniston aggregator — has emerged as a practical answer on TON: it’s the piece that turns distribution and execution into a workable, scalable economy for Mini-Apps. If you’re building a Mini-App, consider liquidity early: integrate a reliable router/DEX, test slippage under load, and design treasury flows that keep your economy solvent under real user behavior.

#telegrambot #TON

STONfi: 6.9 Billion Reasons to Pay Attention
STONfi’s recent milestone — roughly $6.9 billion in cumulative trading volume and 32 million+ executed swaps — is more than a headline number. It’s a compact story about product-market fit, plumbing that works, and an ecosystem gaining real, repeatable traction.
What the numbers actually mean
Raw metrics are only useful when you translate them into operational signals:
Liquidity that flows. $6.9B in lifetime volume indicates capital on the platform isn’t idle — it’s being routed, traded, and reused. That kind of throughput reduces slippage and makes the DEX more attractive to both retail traders and automated strategies.Repeat engagement. 32M swaps implies frequent interaction from a broad user base and programmatic actors (bots, arbitrageurs, integrators). High swap counts usually mean routes are reliable and UX is sticky enough that users come back.Infrastructure endurance. Sustained operations at this scale are a practical stress test of smart contracts, wallets, relayers, and the underlying chain — in this case, the TON ecosystem. When trades continue to execute smoothly over millions of operations, it signals robustness beyond early adoption spikes.
Why this matters to different audiences
Traders: deeper pools and predictable routing mean lower execution costs and better fills — especially important for medium-sized orders that used to move prices on less liquid venues.Liquidity providers: consistent volume is the main defense against passive TVL decay. Fees compound better when turnover is high and sustained.Developers & integrations: platforms that show real usage attract third-party builders (aggregators, bots, wallets) because integration yields immediate utility.Ecosystem observers: when one protocol absorbs concentrated liquidity and action, it becomes a hub for new token launches, composable products, and on-chain experimentation.
How to verify and dig deeper
STONfi surface metrics are public and can be explored in interactive dashboards and posts published by the team. For live data and historical trends, their Dune dashboard is a good starting point; for blog posts, product updates, and context you can consult the official STONfi blog.
Risks and caveats (what the numbers don’t prove)
Numbers are informative but not exhaustive. High volume and swap counts don’t automatically mean:
uniform security hygiene across all smart contracts (audits and on-chain traces still matter),uniformly low slippage across every token pair (some pairs will always be shallow),long-term retention of all users (market conditions and competitors change behavior).
Anyone assessing the protocol should combine on-chain metrics, third-party analytics, audit reports, and community signals before making capital decisions.
The bigger picture for TON
As TON matures, liquidity hubs like STONfi can accelerate network effects — attracting token projects, AMM strategies, and aggregators that expect reliable routing and active counterparties. The result: composability becomes genuinely useful because primitives (swaps, pools, oracles) answer reliably under load.
Bottom line
$6.9 billion in cumulative volume and 32 million swaps aren’t vanity metrics — they’re operational evidence. They show liquidity moving, participants returning, and infrastructure coping with real-world demand. For anyone tracking DeFi on TON, that combination is worth paying attention to.
To explore the raw data and dashboards yourself, check out the Dune analytics view and the team’s posts on the STONfi blog ( blog.ston.fi)

Learn DeFi without risk: inside the STONfi interactive sandbox
Decentralized finance (DeFi) looks simple in theory, but becomes understandable only through practice. To remove the barrier of fear before real funds, the team created a training sandbox — a step-by-step simulator available directly in the Telegram bot. No wallet bindings, deposits, or financial risk — just learning by doing.

Learn DeFi Without Risk: Inside the STONfi Interactive Sandbox
DeFi sounds simple on paper — swaps, liquidity pools, farming, staking — but the moment real money enters the equation the learning curve steepens. That’s why this project built a hands-on, zero-risk training ground: an interactive sandbox that teaches the mechanics of decentralized finance by letting you do, not just read.
The course runs as a guided simulation inside a Telegram bot — no wallet connection, no deposits, and no financial exposure. Telegram provides the interface; the sandbox provides the playground. Short lessons introduce a concept, and immediately after you execute a simulated action and watch the market mechanics unfold in real time.
How the sandbox teaches (short, practical steps)
Practical mini-lessons — Each module explains a single concept clearly: what a swap is, why slippage happens, how an automated market maker prices assets, or how impermanent loss affects liquidity providers. Explanations are concise and focused so learners can absorb one idea at a time.Immediate practice — After a short explanation you run a simulation: perform a swap, add liquidity, or stake tokens — and you see the consequences immediately. That feedback loop is the fast track from abstract concept to intuition.Experimentation encouraged — Because there’s no real money at stake, you can try aggressive or unusual strategies to see how outcomes change. Change trade sizes to feel slippage, add unbalanced liquidity to observe pool ratio shifts, or simulate long-term staking to track reward accrual.Safe, repeatable learning — Mistakes are part of learning. In this controlled environment they become lessons rather than losses. Retake sections, compare alternative approaches, and build confidence before moving on to riskier steps with real assets.
Who benefits
The sandbox is ideal for new users who want a structured, safe introduction to the mechanics behind DeFi protocols. It’s also valuable for experienced users who want a low-cost way to test strategies, or for anyone who needs a teaching tool to walk friends or colleagues through DeFi concepts without exposing them to risk.
Why this approach works
Reading and watching tutorials builds knowledge, but muscle memory comes from doing. The simulation aligns the speed of learning with how quickly you can test, fail, and adjust. This method reduces cognitive overload by alternating brief, focused explanations with hands-on practice — a proven way to accelerate real understanding.
Certificate and next steps
After completing the full curriculum you receive a certificate that verifies you’ve worked through the fundamentals in a practical, hands-on way. It’s a simple marker of progress you can share — useful for onboarding colleagues, demonstrating baseline competency, or just tracking your own learning.
Ready to try it? Start the interactive course via the bot (t.me/stonfi_bot?start=stonfipo...), and read more about the program and its philosophy on the official blog: blog.ston.fi.

This sandbox turns the theory of DeFi into an interactive lab: clear explanations, immediate practice, and a safe space to experiment. If you want a confident, hands-on foundation before committing real funds, this is exactly the kind of learning environment that accelerates understanding — without the risk.
#Sandbox #Trump'sCyberStrategy

STONfi: The completion of protection against impermanent losses is an important step for liquidity in TON (pair STON/USDT V2)
February 2026 marked the closure of the annual experiment on protecting liquidity providers from impermanent losses. The initiative was designed as a protocol mechanism to reduce systemic risk when working with automated market makers — not through manual claims or third-party insurance, but through built-in compensation within the pool itself.

STONfi: Impermanent Loss Protection Concludes — what it means for liquidity on TON
February 2026 marks the formal close of an important experiment in decentralized finance: a year-long Impermanent Loss Protection program designed to reduce downside risk for liquidity providers. Launched to address one of the fundamental tensions in AMM (automated market maker) liquidity provision, the initiative tested whether protocol-level design could move incentives beyond simple yield and toward structured risk management.
At its core the program operated inside a key pool on the network: the STON/USDT V2 pair on the TON ecosystem, denominated against the USDT. The mechanism automatically offset impermanent loss up to 5.72% for participants — no claims to file, no complex eligibility hurdles, and no manual administration. That design choice (automation over bureaucracy) is central to what made the effort notable: it treated impermanent loss as an operational risk to be mitigated by the protocol, not as a paperwork problem for LPs.
By the numbers, the outcome was concrete. Since December 2024, more than 39,000 STON tokens — with an aggregate value exceeding $14,000 under live market conditions — were distributed to participants in that pool as compensation for realized divergence. These were not theoretical backtests or paper simulations; they were live payouts responding to real market movements. For many LPs the effect was to narrow the effective gap between passive holding and active provisioning, especially during periods of elevated volatility.
Why this matters
Risk-aware incentives: Traditional AMM rewards focus on token emissions and fee splits. This program tested whether protocols can embed downside protection directly into pool economics. That matters for capital efficiency: if impermanent loss can be meaningfully dampened, liquidity providers may commit capital at tighter spreads and for longer durations — improving depth and reducing slippage for traders.Simplicity and trust: Automatic compensation — rather than claims-based insurance — removes friction and reduces counterparty risk. That simplicity helped demonstrate that complex risk solutions can be user-friendly, which is essential for broader retail adoption.Data from the field: Real distributions and live outcomes give teams hard evidence about LP behavior, sensitivity to compensation, and the costs of protection under different market regimes. That evidence will be invaluable when designing follow-up mechanisms.
What the conclusion signals (and what comes next) The program’s ending should not be read as retreat. Rather, it closes an experimental chapter and opens a transition to the next set of design ideas. A few likely directions the community and protocol teams can pursue next:
Targeted or tiered protection: Instead of a single, uniform cap, future designs might offer graduated protection based on time-in-pool, liquidity range, or LP risk profile.Capital-efficient hedging: Integrating on-chain hedges, reinsurance pools, or synthetic instruments could reduce the protocol’s direct subsidy burden while preserving protection for LPs.Concentrated or active liquidity strategies: Pairing protection with concentrated liquidity vaults or automated rebalancers could capture fee upside while limiting divergence risk.Cross-protocol collaboration: Shared insurance or protection primitives that aggregate risk across pools or protocols could deliver diversification benefits and lower per-LP costs.
Practical guidance for LPs and stakeholders
Review exposures: If you were participating in the protected pool, check your position history and the distribution statements (where available) to reconcile received compensation with realized performance.Reassess allocations: With the protection closing, evaluate whether to remain in the pool, migrate to alternative pools, or shift to vaults that implement active risk management.Watch announcements: Protocol teams often follow experimental programs with governance proposals that refine or replace them. Keep an eye on governance channels and the protocol blog for proposals that translate learnings into durable mechanisms.
A useful experiment with forward value Programs like this are valuable precisely because they test practical tradeoffs — financial, technical, and economic — in a live environment. The Impermanent Loss Protection initiative has delivered measurable compensation, clearer user experiences, and a richer dataset for future design. As it wraps up, the more important story is not that protection ended, but that the community now has stronger foundations on which to build more capital-efficient and user-friendly liquidity architectures.
For practitioners and observers tracking the maturation of DeFi on TON, this was one of the most practical experiments in making liquidity provision less punitive during volatile markets. The next innovations will likely be more nuanced, more capital efficient, and more tightly integrated with governance — and they’ll be informed by the real results this program produced.
#KevinWarshNominationBullOrBear #MarketPullback

STONfi and the growth of stablecoins on TON — why liquidity, routing, and settlements are important
Stablecoins gain strength not just from being on the blockchain — but from how quickly and efficiently they move. On the TON platform, the rapid increase in USDT circulation combined with millions of micro-payments initiated through Telegram has turned issuance into a high-speed payment highway. This speed creates a practical need: deep liquidity, smart routing, and reliable settlement mechanisms that minimize slippage.

STONfi and the Stablecoin Surge on TON — why liquidity, routing, and real-time settlement matter
Stablecoins don’t become powerful simply by existing on a chain — they become powerful when they move. On TON, that movement has been rapid: USDT’s rollout and integration into Telegram-driven payments created both rising supply and continuous transactional flow — the two ingredients that turn a deployed token into a functioning payments rail. Tether’s support for USDt on TON and the TON Foundation’s integration efforts have driven broad accessibility and many third-party integrations.
That traffic creates instant practical needs. When users receive USDT, they don’t want to sit on it — they want to convert, hedge, route into apps, or use it to buy tokenized shares and in-app goods. Protocols and applications, in turn, need reliable, low-slippage execution and deep liquidity to handle those flows. Without it, rising supply plus fast usage means fragmentation, poor pricing, and failed UX.
Why STONfi matters
STONfi is no longer just an AMM interface — it’s evolved into a liquidity hub and an execution layer for TON flows. Through its on-chain pools and the Omniston aggregation engine, STONfi can combine on-chain AMM liquidity and RFQ/resolver quotes into a single execution path, giving traders and apps better prices and less slippage on large or frequent transfers. This aggregation is exactly what a high-velocity stablecoin rail needs to avoid fragmentation and to act as a dependable settlement layer.
Practical outcomes:
Retail users swapping USDT into ecosystem tokens see tighter execution because routing can pull liquidity from multiple pools automatically.Games, mini-apps, and merchants using TON payment primitives can convert incoming stablecoins into local liquidity or treasury assets without creating a bottleneck for settlement.Treasury managers and bridges routing capital in and out of TON get access to aggregated liquidity that reduces slippage on larger rebalancing trades.
One concrete data point: USDT supply on TON crossed early milestones quickly (reports noted the supply passing $500M in the months after rollout), which illustrates both demand and the volume of capital that needed efficient routing.
Where tokenized equities and stablecoins intersect
Tokenized stocks and ETFs — represented on TON as projects like xStocks — create natural on-ramps for stablecoins. Users and apps that receive stablecoins can instantly route value into tokenized equity exposure (or vice versa). That interoperability increases the number of on-chain market participants and the velocity of stablecoins, further raising the bar for execution quality and liquidity aggregation. Industry launches of xStocks and similar tokenized equities make this use case tangible.
The payments layer: Telegram + TON Pay
A major reason for velocity on TON is the messaging network itself. Telegram is the distribution channel: wallet UX, mini-apps, and the recently publicized TON Pay SDK make micro-payments practical at scale inside the chat experience. That means billions in small transactions (tips, in-app purchases, merchant checkouts) can flow through stablecoins on TON — and those flows require STONfi-class routing to stay efficient.
What this means for builders and users
Builders (apps, games, marketplaces): Integrate routing and aggregation early. Don’t assume a single pool will be enough — connect to aggregators or Omniston to ensure users get consistent pricing.Treasuries & DAOs: Expect to route stablecoin inflows through liquidity hubs to avoid slippage when reallocating to yield, staking, or tokenized assets. Aggregation protects large rebalances.Retail traders and power users: Look for DEXs and aggregators that support multi-source routing — this materially lowers execution cost as volumes grow.
Quick reading & links
STONfi — main site / Linktree (apps, social, widgets): linktr.ee/ston.fi.Omniston (liquidity aggregation docs & integration): ston.fi/omniston.xStocks on TON (tokenized equities overview): ston.fi/xstocks.TON Foundation — USDt on TON rollout and integrations: ton.org (USDt on TON articles).Coverage of USDT supply milestones on TON: The Block reporting on supply crossing $500M after rollout.

Bottom line
If TON is becoming a high-velocity stablecoin rail, that velocity needs a deep, reliable settlement surface — not a set of fragmented pools. STONfi, by combining AMM liquidity with Omniston-style aggregation, is shaping up to be that surface: routing, pricing, and final settlement for a growing universe of payments, tokenized assets, and on-chain commerce.
#StockMarketCrash #MarketRebound

Portfolio Liberation: Bringing Tokenized Equities On-Chain for Real Diversification
STONfi, xStocks (issued by Backed Finance), and TON Wallet are coordinating an educational push inside the TON ecosystem called Portfolio Liberation. The campaign is designed to teach crypto users how tokenized real-world assets (RWAs) — like equities and ETFs — can live natively in a self-custodial, composable DeFi environment.

Why this matters
Crypto portfolios often look diversified until markets correlate and everything falls together. Tokenized RWAs change the equation by introducing assets that are:
Regulated and fully backed — each tokenized share represents exposure to an underlying, off-chain asset.Tradable 24/7 on-chain — no brokerage hours, no intermediaries.Composable inside DeFi — tokenized shares can be swapped, pooled for liquidity, or used as collateral in permissionless contracts.
Portfolio Liberation is not just about access; it’s about demonstrating how these three layers (issuance, execution, custody) combine to deliver practical, multi-asset portfolios inside TON.
How it works — the components
Issuance (xStocks / Backed Finance). xStocks are fully backed 1:1 tokenized versions of major equities and ETFs (AAPLx, NVDAx, TSLAx, etc.), issued under TON’s token standard so each on-chain unit maps to an off-chain, regulated asset backing.Execution (STONfi). STONfi provides the liquidity and swap rails that let users exchange between crypto tokens and tokenized equities without leaving the TON ecosystem. Think of it as the execution layer: pools, AMMs, and order flows that settle on-chain.Custody & UX (TON Wallet). TON Wallet puts ownership and unified portfolio visibility in users’ hands — self-custody with a single interface to hold crypto and tokenized equities together.
Together these pieces let a user hold a blended portfolio (crypto + equities) in one wallet and rebalance or trade at any hour through STONfi’s execution layer.
The campaign: learn by doing
Portfolio Liberation structures learning around modules and practical tasks. Participants progress through short educational units that cover:
What tokenized equities are and how custody/settlement works.How tokenized assets track their underlying (price feeds, custodial proofs).Practical on-chain workflows: buying xStocks in TON Wallet, adding liquidity on STONfi, and using tokenized shares in composable strategies.
The campaign pairs education with incentives: a $50,000 reward pool encourages deeper engagement and hands-on practice. That reward pool is meant to drive adoption by lowering the friction of exploration — test small positions, perform swaps, complete tasks, and earn rewards while learning.

Use cases — beyond simple access
True multi-asset portfolios: Combine BTC/ETH with tokenized equities to reduce correlation risk or create tactical allocations without moving funds off-chain.Continuous rebalancing: 24/7 markets enable intraday rebalancing strategies that aren’t possible with traditional broker hours.DeFi composability: Tokenized shares can be paired with liquidity incentives, used as collateral for loans, or included in structured products that stay entirely on-chain.
Risks and guardrails
Tokenization brings benefits but also responsibilities. Users should understand:
Custodial mechanics of the backing entity (how off-chain assets are stored and audited).Counterparty and regulatory risk inherent in any off-chain custody model.Smart contract risk when interacting with DEXs, AMMs, or automated strategies.
Educational modules in Portfolio Liberation emphasize these guardrails so participants can make informed decisions.
Getting started
If you want to explore, the campaign centralizes onboarding through the STONfi bot on Telegram. Start here: https://t.me/STONfi_bot?start=refxstocks-8JsrIz4Xj6A — you’ll find the learning modules, task list, and details on how to claim rewards.
The bigger picture
Portfolio Liberation signals a shift: TON is being used as a multi-asset financial layer where regulated asset backing, on-chain composability, and continuous market access coexist. That convergence changes how capital moves and how users manage risk — it’s not merely about moving existing financial products to chain, but about rethinking access, custody, and execution in an always-on financial stack.
If you’re building or allocating inside TON, this campaign is a concise, practical way to see how tokenized equities behave in real DeFi flows — and to test whether a blended, on-chain portfolio fits your risk profile.

STONfi: native liquidity of BTC and ETH in TON
The recent update transforms TON into a more mature financial platform: STONfi now features native, 1:1-backed representations of Bitcoin and Ether. The Bitcoin token (cbBTC) is issued with institutional custodial support from Coinbase, while WETH on TON mirrors Ether at a 1:1 ratio. Plus, routing trades through the Omniston liquidity aggregation layer and pairs with USDt (the stablecoin from Tether) makes exchanges simpler and deeper.

STONfi unlocks BTC & ETH liquidity on TON
A major infrastructure upgrade just landed: TON now has native, 1:1-backed Bitcoin and Ether liquidity available inside its ecosystem — not as synthetic IOUs or wrapped derivatives of uncertain provenance, but as tokens backed by real, custodial reserves and routed through a single aggregation layer. This is the kind of change that shifts how capital flows, how dApps compose, and how users think about cross-chain access inside the network.
What changed (the facts, briefly)
Two primary assets are now available inside the network in a fully supported, on-chain form: a Coinbase-backed BTC token and a 1:1 Ether mirror. That means users can access BTC and ETH exposure from inside TON without leaving the network, and without relying on synthetic or purely protocol-issued representations.
The Bitcoin token is backed by institutional custody from a major exchange, so each on-chain unit corresponds to an equivalent amount held in custody off-chain. The Ether mirror likewise represents native ETH at parity. These arrangements remove a class of counterparty risk common to ad-hoc bridged or synthetic assets — though they do introduce the usual reliance on custodial and redemption mechanics.
Finally, an aggregation layer — a routing engine already embedded in many apps across the ecosystem — will route swaps into these assets and across pools (notably USD₮ pairs), so users and apps get best-price execution and deeper liquidity without extra integrations.

Why this matters (clear, practical implications)
Lower friction for on-chain BTC/ETH use
Before this, TON users who wanted BTC or ETH exposure had to rely on external bridges, cross-chain swaps, or synthetic constructions — each adding latency, user steps, and often higher fees. With these 1:1 instruments accessible inside the network, typical user flows (swaps, LP provision, leveraged strategies, in-app payments) become native experiences.Deeper, consolidated liquidity
By placing the tokens into USD₮-paired pools and exposing them via a best-rate router, the ecosystem gains consolidated liquidity depth. Deep pools plus intelligent routing reduce slippage on larger trades and make automated market makers more useful for institutional-sized liquidity as well as retail traders.Composability for developers
Hundreds of apps already integrated to the aggregation layer immediately inherit access to BTC/ETH liquidity. That means wallet providers, games, NFT marketplaces, and DeFi primitives can add BTC/ETH functionality without additional contract changes — accelerating product timelines and increasing the number of user touchpoints for the tokens.Capital efficiency across the stack
When major base assets become available on a single network, rebalancing, collateralization, and yield strategies can be executed more cheaply and faster — users and strategies keep funds on-chain in the network where they operate, instead of routing back and forth between multiple chains.

Risks and caveats (don’t gloss over these)
Custody and redemption mechanics. Even though the BTC token is backed 1:1 by an institutional custodian, that introduces counterparty dependencies (redemption windows, custody policy, regulatory/operational risk). Users should understand how redemption works and what guarantees exist.Protocol and routing risk. Aggregation layers improve execution but add complexity. Smart-contract bugs, mis-routing, or unexpected interactions between liquidity sources can create execution edge cases. Review audit status and on-chain metrics before routing very large trades.Regulatory sensitivity. Custodial wrapped assets sometimes draw regulatory attention. That’s a factor for platforms and institutions that must keep compliance front of mind.Concentration risk. Heavy usage of a single liquidity provider / pool can create centralization vectors. The health of the overall network still depends on diversified liquidity contributors and resilient on-chain infrastructure.

Strategic outlook — what this unlocks next
Faster onboarding of institutional flows. Institutional desks prefer deep liquidity and clear custody arrangements. Having a marketplace inside the network that can offer both lowers the barrier for institutional participants to interact with native on-chain products inside the environment.New product primitives. Expect an acceleration in products that combine native BTC/ETH exposure with TON-native assets: yield aggregators, cross-collateralized lending, on-chain hedging, and tokenized derivative layers that use the new liquidity as settlement rails.Composability-driven growth. Because many apps already use the aggregation layer, the marginal cost to extend functionality to BTC/ETH is near zero. That can cause a rapid multiplication effect: more places to use BTC/ETH → more users staying on-network → more liquidity → more sophisticated financial products.

Practical guidance (for users and builders)
If you’re a user: start small. Try a test swap, check slippage, and read the token’s custodial and redemption docs. Understand how to redeem to the native asset if that matters to you.If you’re a builder: evaluate integrating the aggregation SDK (if you haven’t already) so your app can inherit deeper liquidity and best-rate routing. Check the docs and audit reports for the aggregator and the token bridges, and plan for monitoring and fallback routes.If you’re an LP or market maker: run simulations for expected impermanent loss under new BTC/ETH pair dynamics and test how the aggregator routes between your pools and other sources.

Bottom line
This isn’t merely a token listing — it’s a structural upgrade to on-network liquidity and execution. By introducing institutionally backed Bitcoin exposure and a first-class Ether mirror together with an aggregation/routing layer, the network’s DeFi stack gains both asset integrity and capital-efficient rails. That combination is precisely what turns experimental markets into production-grade infrastructure.
As always: do your own research, understand custody and smart-contract risk, and treat on-chain capital management as both opportunity and responsibility.
Read and explore more about STONfi here: linktr.ee/ston.fi  

STONfi unlocks BTC & ETH liquidity on TON
A major infrastructure upgrade just landed: TON now has native, 1:1-backed Bitcoin and Ether liquidity available inside its ecosystem — not as synthetic IOUs or wrapped derivatives of uncertain provenance, but as tokens backed by real, custodial reserves and routed through a single aggregation layer. This is the kind of change that shifts how capital flows, how dApps compose, and how users think about cross-chain access inside the network.
What changed (the facts, briefly)
Two primary assets are now available inside the network in a fully supported, on-chain form: a Coinbase-backed BTC token and a 1:1 Ether mirror. That means users can access BTC and ETH exposure from inside TON without leaving the network, and without relying on synthetic or purely protocol-issued representations.
The Bitcoin token is backed by institutional custody from a major exchange, so each on-chain unit corresponds to an equivalent amount held in custody off-chain. The Ether mirror likewise represents native ETH at parity. These arrangements remove a class of counterparty risk common to ad-hoc bridged or synthetic assets — though they do introduce the usual reliance on custodial and redemption mechanics.
Finally, an aggregation layer — a routing engine already embedded in many apps across the ecosystem — will route swaps into these assets and across pools (notably USD₮ pairs), so users and apps get best-price execution and deeper liquidity without extra integrations.

Why this matters (clear, practical implications)
Lower friction for on-chain BTC/ETH use
Before this, TON users who wanted BTC or ETH exposure had to rely on external bridges, cross-chain swaps, or synthetic constructions — each adding latency, user steps, and often higher fees. With these 1:1 instruments accessible inside the network, typical user flows (swaps, LP provision, leveraged strategies, in-app payments) become native experiences.Deeper, consolidated liquidity
By placing the tokens into USD₮-paired pools and exposing them via a best-rate router, the ecosystem gains consolidated liquidity depth. Deep pools plus intelligent routing reduce slippage on larger trades and make automated market makers more useful for institutional-sized liquidity as well as retail traders.Composability for developers
Hundreds of apps already integrated to the aggregation layer immediately inherit access to BTC/ETH liquidity. That means wallet providers, games, NFT marketplaces, and DeFi primitives can add BTC/ETH functionality without additional contract changes — accelerating product timelines and increasing the number of user touchpoints for the tokens.Capital efficiency across the stack
When major base assets become available on a single network, rebalancing, collateralization, and yield strategies can be executed more cheaply and faster — users and strategies keep funds on-chain in the network where they operate, instead of routing back and forth between multiple chains.

Risks and caveats (don’t gloss over these)
Custody and redemption mechanics. Even though the BTC token is backed 1:1 by an institutional custodian, that introduces counterparty dependencies (redemption windows, custody policy, regulatory/operational risk). Users should understand how redemption works and what guarantees exist.Protocol and routing risk. Aggregation layers improve execution but add complexity. Smart-contract bugs, mis-routing, or unexpected interactions between liquidity sources can create execution edge cases. Review audit status and on-chain metrics before routing very large trades.Regulatory sensitivity. Custodial wrapped assets sometimes draw regulatory attention. That’s a factor for platforms and institutions that must keep compliance front of mind.Concentration risk. Heavy usage of a single liquidity provider / pool can create centralization vectors. The health of the overall network still depends on diversified liquidity contributors and resilient on-chain infrastructure.

Strategic outlook — what this unlocks next
Faster onboarding of institutional flows. Institutional desks prefer deep liquidity and clear custody arrangements. Having a marketplace inside the network that can offer both lowers the barrier for institutional participants to interact with native on-chain products inside the environment.New product primitives. Expect an acceleration in products that combine native BTC/ETH exposure with TON-native assets: yield aggregators, cross-collateralized lending, on-chain hedging, and tokenized derivative layers that use the new liquidity as settlement rails.Composability-driven growth. Because many apps already use the aggregation layer, the marginal cost to extend functionality to BTC/ETH is near zero. That can cause a rapid multiplication effect: more places to use BTC/ETH → more users staying on-network → more liquidity → more sophisticated financial products.

Practical guidance (for users and builders)
If you’re a user: start small. Try a test swap, check slippage, and read the token’s custodial and redemption docs. Understand how to redeem to the native asset if that matters to you.If you’re a builder: evaluate integrating the aggregation SDK (if you haven’t already) so your app can inherit deeper liquidity and best-rate routing. Check the docs and audit reports for the aggregator and the token bridges, and plan for monitoring and fallback routes.If you’re an LP or market maker: run simulations for expected impermanent loss under new BTC/ETH pair dynamics and test how the aggregator routes between your pools and other sources.

Bottom line
This isn’t merely a token listing — it’s a structural upgrade to on-network liquidity and execution. By introducing institutionally backed Bitcoin exposure and a first-class Ether mirror together with an aggregation/routing layer, the network’s DeFi stack gains both asset integrity and capital-efficient rails. That combination is precisely what turns experimental markets into production-grade infrastructure.
As always: do your own research, understand custody and smart-contract risk, and treat on-chain capital management as both opportunity and responsibility.
Read and explore more about STONfi here: linktr.ee/ston.fi  
$BTC $ETH $TON

STON.fi — Strategy for TON: insights from Andrey Fedorov in an interview with Coin Edition
Growth in DeFi rarely happens by accident. The latest interview with the protocol’s CMO & CBDO lays out a repeatable playbook: show up where liquidity and builders gather, make the base layer bulletproof, and scale distribution through partnerships and developer enablement. These are the core strategic threads shaping the protocol’s next phase.
Why presence > optics
Conferences, high-signal meetups, and industry roundtables are being treated as investment-grade activities — not marketing stunts. The team argues that being visible in the right rooms produces two outcomes: 
(1) fast follow-ups with infrastructure partners and custodians, and 
(2) meaningful integrations with projects that bring liquidity, not just attention. That presence is explicitly linked to long-term integrations rather than short-lived hype.

Execution discipline: stabilize before you scale
A recurring theme in the conversation is reliability-first. Before expanding routing, integrations, or aggressive distribution, the team insists on hardened infra: rigorous testing, gas/slippage protections, and production-ready routing that doesn’t break under load. This conservative posture is a practical hedge — scaling integrations on top of shaky primitives often creates more friction than growth. The official product pages also emphasize open-source contracts and audit transparency as part of that reliability story.
Empowering builders, not competing with them
Rather than trying to capture every vertical, the strategy centers on enabling third-party builders through grants, SDKs, and production-ready integrations. The logic is simple: a robust DeFi ecosystem multiplies utility and liquidity far faster when teams can plug into mature primitives. Grants and developer relations are therefore positioned as strategic levers that convert technical credibility into network effects.
Liquidity aggregation lessons (what worked, what changed)
Aggregation layers were built to solve fragmentation — knit multiple liquidity sources into a single access point so users get better prices. In practice, aggregation scaled but exposed execution and routing constraints that required deeper infra work (and, in some cases, architectural changes). Those learnings are being applied to the current roadmap: aggregation + resilient routing + careful partner selection.
2026 roadmap: distribution + cross-ecosystem connectivity
Looking into next year, the stated priority is distribution at scale — connecting the network to broader liquidity rails and cross-ecosystem channels. That means multi-party partnerships (exchanges, wallet providers, cross-chain liquidity bridges) and product features that make it simpler for non-native users to access on-chain instruments. The public roadmap emphasizes pragmatic partnerships over one-off launches.
Tactical moves to watch
Developer grants & SDK rollouts — these will indicate commitment to third-party integrations and likely predict new on-chain products.Routing and aggregation upgrades — look for technical releases or blog posts describing reduced slippage and improved gas handling.Distribution partnerships — wallet integrations, fiat rails, and cross-chain bridges that expand access beyond native users.
Risks & trade-offs
Prioritizing reliability slows flashy product velocity; some users may interpret that as inertia.Partnerships expand reach but introduce dependency and coordination risk.Liquidity is sticky only if products work smoothly under real-world load — execution risk remains a core challenge.
Bottom line
The strategy presented in the interview frames growth as engineering + ecosystem design rather than pure marketing. By insisting on presence in key industry venues, hardening the core stack, and intentionally empowering other builders, the team aims to turn short-term attention into durable liquidity and product integrations. For anyone tracking how TON’s DeFi layer matures, this is a practical, risk-aware blueprint for sustainable scale.
Link: https://coinedition.com/inside-ston-fis-strategy-andrey-fedorov-on-scaling-tons-defi-ecosystem/?utm_source=chatgpt.com

STON.fi launches referral links in the bot — earn on real swap commissions
In brief: now any user can get a personal referral link in just a few clicks and earn a share of the actual commissions from swaps if someone trades through that link. Transparent, on the blockchain, and without 'bonus points' or hidden promises — just activity → commissions → you.

STON.fi launches in-bot referral links — turn attention into real swap revenue
 STON.fi now lets every user create a personal referral link inside its Telegram bot. When people use that link and swap on the DEX, the referrer receives a share of the actual swap fees (on-chain activity → fees → you). This is a genuine, transparent revenue path for creators, community builders, and everyday traders.
What changed — the product shift
STON.fi has added a simple in-bot flow so anyone can generate a unique referral link in seconds (open the official bot and run /reflink). That link tags on-chain swap activity to your wallet/address so your earnings are computed from real swap fees instead of opaque points or off-chain promises.
How the referral revenue actually works (short, technical)
Referral links map to a wallet/address and any swaps routed through those links earn the referrer a configured percentage of swap fees.Fee mechanics are configurable and handled on-chain: STON.fi’s docs describe fee rates and the way fees are accumulated into vaults (one vault per token × referral pair) before distribution. This design keeps accounting transparent and auditable.
Why this matters (for creators, communities, and regular users)
Real economic alignment. Payments come from swap fees — actual protocol revenue — not from a marketing budget or off-chain credits. That means the better the trading activity your audience generates, the more you earn.Low friction & scale. Generating and sharing a link is instant via the bot; distribution fits any channel (posts, threads, groups, DMs).Built for longevity. Because the model links to on-chain volume and uses vaults/contract logic, rewards scale with real usage rather than being a short promo.
Security & transparency
STON.fi is a non-custodial AMM deployed on the TON network; smart contracts and protocol mechanics are public and auditable, so referral fee flows and vault accounting can be inspected on-chain. That means creators aren’t relying on closed spreadsheets — they can trace activity back to the source.
How to get started (practical steps)
Open the STON.fi Telegram bot: use the official bot channel or go to the bot and type /reflink to generate your personal link instantly.Share your link in posts, groups, or direct messages — anywhere your audience is.Track activity and read the protocol guide to understand fee calculations, vaults, and distribution timing.
Programs & extras to consider
If you’re building a community or have consistent content reach, look into STON.fi’s ambassador programs and campaigns — there are formal "Stonbassadors" incentives that layer additional rewards and support alongside the referral scheme. These programs make it easier to monetize community growth in a structured way.
Practical tips for creators
Make your onboarding short: include a one-line instruction and your referral link so friends can swap immediately.Explain why swapping via your link matters (their trades help you earn, and swap mechanics are unchanged for the user).Track which channels drive the most swaps and double down on formats that convert (tutorials, pinned posts, walkthroughs).

Further reading (official docs & announcements)
Referral guide (how fees are calculated & distributed).Developer notes on referral fee mechanics and vaults.Official announcement via the STON.fi Telegram channel (bot instructions).