How to use tsUSDe on TON for yield-generating dollar savings
TsUSDe, the staked version of a dollar-pegged stablecoin on The Open Network (TON), allows users to earn passive income with a base yield of around 10% APY in Toncoin just by holding it in a wallet. Users can enhance their earnings further by utilizing tsUSDe in liquidity pools or farms on platforms like STON.fi and DeDust. STON.fi is noted for its smooth user experience and deep liquidity, whereas DeDust provides a lightweight interface gaining popularity rapidly. After connecting a wallet with sufficient TON to cover transaction fees, users can add liquidity to a tsUSDe/TON pool and stake their LP tokens to receive additional rewards. While earning with TON stablecoins offers advantages such as dollar stability and extra rewards, it also carries risks, including impermanent loss and smart contract vulnerabilities. Users are encouraged to approach yield farming cautiously and familiarize themselves with risks while maximizing their returns with well-known platforms.
Source đź”—