Parraton

✔️ How to make boosts work with double force?

⚫️ Degen Airdrop and DeFi League will end on October 30, meaning there's just over a week left to earn points. In our post about the relaunch of The Open League, we mentioned the Parraton service, where you can farm TVL for the airdrop, and promised to share more details about the project.

⚫️ Parraton is a tool that boosts the profitability of liquidity pools through compound interest. In June, Parraton won first place at the offline bootcamp in Kyiv, and by August, it became one of the finalists in The Open League global hackathon. The service is now fully operational, regularly releasing updates, and participating in the DeFi League competition.

⚫️ How does it work? Many liquidity pools on DeDust.io offer additional rewards — boosts. However, if your share in the pool is relatively small, the fees for claiming these boosts may outweigh the rewards themselves. Parraton solves this issue by pooling users' assets together, allowing for larger boost claims in a single transaction and reinvesting them back into the pool, thus increasing overall returns.

⚫️ Currently, Parraton offers three pairs for investment: tsTON/USDt, stTON/USDt, and TON/USDt. In the app, you can check the yield for each option and earn points for completing quests and referring friends. Until the end of The Open League, there is a special promotion: double points for completing tasks, as mentioned by a Parraton team member during a recent X broadcast.

Do you use such services to increase returns, or do you prefer to claim boosts by yourself?

@thedailyton