STON.fi Blog

In the world of DeFi, you are your own bank – and that comes with both freedom and responsibility. This post will guide you through the most common scam schemes on DEXs, provide recent real-world examples, and offer practical advice on protecting yourself. By understanding these risks and implementing best practices, you can significantly reduce your chances of falling victim to these schemes, even if they can't be eliminated entirely. Common Scam Schemes on DEXs Rug Pulls How it works: A rug pull occurs when project developers abandon a project and run away with investors' funds. This often happens after creating hype and attractin

Airdrop is not a charity, but a marketing game. You will not be given a fortune. A nice bonus is needed in order to attract you to the platform and stimulate your activity. And yes, in most cases this is a great option to get acquainted with a new project and have a small start-up capital. What should be remembered? Airdrop is always free. Absolutely. An attacker may ask you to buy a certain amount of coins and promise that you will be given even more after the purchase. It won't happen. The scammer may also ask to “unlock” the tokens for a fee or “repurchase” an airdrop at a discount. Of course, you will not get any bonuses, and the mo

We wrote about the history of the creation of TON and their battle with the US Securities Commission in one of the previous posts. Now let's look at what tasks they tried to solve and what unique features the Durovs planned to implement in their Telegram Open Network, and whether they and the team of independent developers succeeded in it. The original whitepaper is still freely available, you can read it here. The tasks facing the developers were truly gigantic: to create nothing but the most perfect blockchain in the world, which: will have an instant transaction speed, and thus will compete with fiscal payment systems (transfer cryp

In the previous article we analyzed the most commonly used terms related to mining and trading. Time to go for all our favorite abbreviations. Dear experienced blockchain and cryptocurrency users, forgive us for some simplifications, we want to make life of less experienced colleagues easier, not confuse them even more :) FUD and FOMO - the first is Fear, Uncertainty and Doubt, and the second is Fear of Missing Out. Psychological problems faced by newcomers to the stock exchange. FUD, roughly speaking, is the fear of making a mistake due to ignorance and uncertainty, FOMO is the fear of missing out on profits, buying and selling madly.

In the previous article we analyzed the most commonly used terms related to cryptocurrencies and blockchain. It's time to talk about mining and trading. Let’s go! Dear experienced blockchain and cryptocurrency users, forgive us for some simplifications, we want to make life of less experienced colleagues easier, not confuse them even more :) Mining is the process of creating and finding a new block in the blockchain using computing power (or some other way). Miners are rewarded for their work in cryptocurrency. A mining farm is what buzzes in your neighbor's garage and suspiciously melts the snow in winter. As a rule, specialized min

We know that among our readers there are those who do not fully understand the insides of cryptocurrencies and are just starting their journey. Yeah, greetings to you, dear newcomers. Today we prepared for you a small dictionary of frequently used terms and abbreviations with brief explanations in a very simple language. The list contains both important concepts and comic ones (which we all also use,why not). This collection will be divided into several parts, this is the first one, about cryptocurrencies and blockchain. Dear experienced blockchain and cryptocurrency users, forgive us for some simplifications, we want to make life of less