Tutorial on creating liquidity pool on STON.fi
AMM DEX for the TON blockchain
Last updated
AMM DEX for the TON blockchain
Last updated
STON.fi is a decentralized automated market maker (AMM) based on the TON blockchain and is the largest decentralized exchange on the TON chain. It offers nearly zero fees, low slippage, an extremely simple interface, and direct integration with TON wallets.
Founded in 2022, STON.fi aims to establish a user-friendly cryptocurrency exchange that achieves mass adoption by reaching out to Telegram audiences. STON.fi highly values its community, representing a human-centric DEX that provides quick support and considers user feedback.
The sharding architecture of the TON blockchain allows STON.fi DEX users to perform millions of transactions per second.
If you want to issue tokens on the TON blockchain and make them tradable, STON.fi is a great choice. This article will teach you how to create token liquidity on STON.fi, commonly known as adding a pool, and how to remove a pool.
First, open the STON.fi website: STON.fi Pools and click "Connect Wallet" in the top right corner.
A list of wallets will pop up for you to choose from. If you have installed Tonkeeper, choose that one (Tonkeeper installation tutorial). If you have installed OpenMask, choose OpenMask. Generally, we recommend using Tonkeeper.
Choose browser extension
Next, the wallet extension will pop up, click "Connect Wallet."
Once connected, your wallet address will appear in the top right corner.
Click "Add liquidity" on the page and select the tokens you want to add to the pool.
Above, enter the amount of TON. Below, select Find the token you created
Enter the token contract address and specify the amount of tokens to add.
Note that the ratio of the two token amounts determines the initial price of the token. For example, if you add 1 TON and 100,000 Panda tokens, the initial price of the Panda token is 0.00001 TON. Based on TON's price of 7.9 USD, the initial price of your token is 0.000079 USD.
After confirming the amount and ratio, click "Create Pool." You will be asked to confirm again,at this point click the button to confirm pool creation
Note that creating a liquidity pool may require a fee of 0.3~1.6 TON, so it is recommended that your wallet has at least 2 TON. If you include the pool addition fee, you may need more TON.
Once confirmed, click "Confirm In your wallet" and the wallet confirmation will pop up. Confirm in the wallet to complete the process.
What if there is no token logo on STON?
You need to apply on STON and have more than 10,000 USD in liquidity in the pool to enter STON's default list and get an avatar. Application link: STON Application Form
What if it shows insufficient balance when creating liquidity?
Creating a pool on STON requires an additional fee of 1.7 TON, so your wallet needs at least 2.7 TON to initiate the transaction.
Are there fees for trading on STON?
Each transaction incurs a 0.3% fee, of which 0.2% goes to liquidity providers to increase the pool size, and 0.1% goes to the STON.fi protocol.
If you have any questions or need further clarification, please join the official Telegram group: https://t.me/pandatool_en
If you feel that this tutorial could be improved, please email us your feedback or even a complete tutorial draft, and we will incorporate your suggestions as best we can: contactpandatool@gmail.com
