The STON Token Explained: Utility, Governance and Deflationary Model

Before we move on, STON is a Utility Token on TON Blockchain and also a Native Token of STONfi, an AMM DEX built also on the TON Blockchain making it possible to swap $TON for any other Token on the TON Blockchain while providing liquidity to it's users. The STON token isn’t just a trading chip inside the STONfi ecosystem, it’s the lifeblood of the protocol.
It powers swaps, incentivizes liquidity and puts governance directly in the hands of its users.

Here’s the breakdown.

1. Utility: The Engine of the Ecosystem

STON’s utility is built into the day-to-day flow of the DEX. It’s used for:

• Transaction fees within the platform
• Staking to earn rewards and unlock higher-tier benefits
• Liquidity incentives for providers who keep the markets flowing

In short: the more people use STONfi, the more demand for STON tokens is generated.

2. Governance: Power to the Community

STON isn’t run by a central team dictating the rules.
Through STONfi’s DAO (Decentralized Autonomous Organization), token holders can:

• Propose changes to the protocol
• Vote on upgrades, fee structures, and new features
• Decide how treasury funds are allocated

This governance model ensures STONfi evolves in step with its community not against it.

3. Deflationary Model: Built for Long-Term Value

STON’s supply isn’t infinite. In fact, it’s designed to shrink over time.
Here’s how:

A portion of every transaction fee is burned, permanently removing those tokens from circulation. This reduces supply as usage grows, applying natural upward pressure on the token’s value.

It’s the opposite of inflationary tokens that slowly bleed value over time.

Why It Matters?
Many tokens claim “utility” but are little more than speculative chips.
STON’s difference is that its demand grows with actual platform use, its holders steer the protocol’s future and its supply moves in the right direction.

In DeFi, that’s a powerful combination.