The tsUSDe stablecoin offers investors a way to earn passive income on the TON blockchain. This article explores how to utilize it for profit.
What is tsUSDe and How Does It Work?
tsUSDe is a dollar-pegged stablecoin designed to earn a base yield of around 10% APY, paid in Toncoin (TON). Simply holding tsUSDe in your wallet earns rewards with no extra steps required.
Platforms to Earn Yield with tsUSDe
Currently, two of the most active platforms for tsUSDe yield farming on TON are:
* STON.fi — known for its user-friendly interface and deep liquidity. * DeDust — a lightweight platform gaining traction rapidly.
Step-by-Step Guide to Earning Yield with tsUSDe
1. Connect your wallet to STON.fi or DeDust.io, ensuring you have some TON for transaction fees. 2. Find a tsUSDe/TON liquidity pool and add liquidity by providing the desired amount. 3. Stake your LP tokens to earn additional rewards. 4. Monitor your rewards and claim them anytime.
Utilizing tsUSDe for passive income on the TON platform opens new opportunities for investors, while it's important to be mindful of potential risks and manage investments carefully.
