STON.fi’s CATI Farming dey drive record surge for Catizen Token as DeFi and Play-to-Earn craze dey grow
STON.fi don launch one liquidity farming event wey dey feature CATI, di native token of Catizen, wey be one popular mini-app game for Telegram. Di initiative dey offer two liquidity pools: CATI/TON and CATI/USDT, wey each get one reward pool of $43,000, totalin to $86,000. Dis event don help boost CATI market value, wey peak for $1.1265, and e don mark 260% increase since e don low for dis month. STON.fi farming strategy, wey go allow users to easily withdraw their liquidity and dey rank di pools high for APR, dey plan to turn participants to devoted supporters of TON ecosystem. Di event go end for October 4, 2024. Dis development dey show di synergy between entertainment and financial incentives for di Web3 space, and e dey indicate di increasing appeal and utility of play-to-earn models. As CATI dey expand e exchange listings and trading volumes, di major challenge go be to maintain di growth trajectory of e ecosystem, just like di challenges wey platforms like Decentraland and Axie Infinity face. Meanwhile, related tokens like PEPE and TON dey show mixed market trends, wey dey reflect different sentiment among investors.
Bullish
Dis news dey show say di market dey get better vibe because of how CATI don waka up for market value, plus di high trading wey dey happen because of di new liquidity farming for STON.fi. Di event model wey dey offer high APR without locking funds dey attract traders wey wan quick profit, fit boost CATI market appeal for short term. E dey also make di TON ecosystem gain more popularity, fit affect similar assets well-well. But how e go be for long term go depend on how Catizen fit maintain di growth of their ecosystem, like di challenges wey other play-to-earn models dey face.