A new friend once said to me, how great would it be if trading could be as simple and fast as ordering takeout? What’s more, his wish is about to come true! dappOS, the Web3 intent layer ecosystem that always brings us surprises, recently launched a super awesome new feature —IntentEX spot trading!
Speaking of dappOS, everyone must be familiar with it. This ecosystem has been committed to making our digital life simpler and smarter. Previously, dappOS has launched intentOS and intent asset, which respectively realize the intentionality of operation and the intentionality of assets, making us more comfortable in the digital world. Now, the launch of IntentEX has pushed the intentionality of trading to a new level, making our spot trading easier than ever before!
So, what exactly is IntentEX? Don't worry, I'll give you a detailed introduction.
IntentEX, to put it simply, is a spot trading function launched by dappOS based on its intention infrastructure. We all know that traditional on-chain exchanges always have problems such as insufficient liquidity, slow transaction speed and high handling fees. Sometimes, we want to enjoy the liquidity of the entire market on one platform, but it is often difficult to achieve, resulting in low transaction efficiency and high transaction costs. However, the emergence of IntentEX perfectly solves these problems!
The core design innovation of IntentEX is that it delegates the user's limit order as an intent task to the professional service nodes in the dappOS intent execution network. These service nodes are like superheroes. They can not only help us find the best price on the internal order book, but also capture the liquidity of professional institutions through the dappOS network nodes. This means that we can easily enjoy the liquidity of the entire market through IntentEX, and no longer have to worry about not finding the best price!
Moreover, IntentEX also allows service nodes to complete the final settlement on the opBNB chain. opBNB, a highly secure and low-fee blockchain platform, allows us to trade at a very fast speed with extremely low fees. It's like you bought a piece of clothing online, not only the logistics speed is amazingly fast, but also the price is super affordable, isn't it super great?
So what are the advantages of IntentEX? Don’t worry, I will tell you one by one:
First of all, full market liquidity! Through dappOS's professional service nodes, we can easily capture institutional-level liquidity and quickly match the best price. No longer have to switch back and forth between exchanges just to find a better price like before. Now, IntentEX can help us get it done with one click!
Secondly, extremely fast transactions! Settlement in opBNB makes the basic execution of transactions very fast. Coupled with the OMS mechanism of dappOS, the transaction confirmation speed can sometimes even exceed the public chain block speed! This means that we can enjoy a transaction experience close to that of centralized exchanges (CEX), and no longer have to worry about slow transaction speeds.
Let's talk about low fees! The transaction fee is only 0.1% when using opBNB, which is fast and low-fee! You heard it right, 0.1%! This is much lower than the fees of most on-chain exchanges. It's like you buy a bunch of things in a supermarket, and the cashier tells you: "There is a promotion today, your fee is only 0.1%!" Isn't it a super good deal?
Of course, IntentEX has another very important advantage, which is decentralization and transparency! All transactions are publicly recorded on the chain to ensure the security and transparency of transactions. Just like when you buy a piece of clothing online, you can clearly see the logistics information, order status, etc., and you don’t have to worry about being cheated.
In IntentEX, you can see the transaction information of various on-chain assets. If you want to buy or sell a certain asset, just enter the price and quantity you want, and then click the "Submit" button. IntentEX will automatically delegate your order as an intent task to the professional service node in the dappOS intent execution network for execution.
After waiting for a while (usually a few seconds to a few minutes), you can see that your order has been executed! Moreover, since IntentEX uses opBNB for settlement, your transaction fee will also be very low!
Of course, IntentEX is not just a spot trading function! It is also a new use case for the dappOS Intent Execution Network! This means that in the future we will have more new features based on the dappOS Intent Execution Network! Let us look forward to it together!
In short, the launch of IntentEX has undoubtedly brought a huge impact to traditional on-chain exchanges. It not only allows us to enjoy a faster, cheaper, and safer trading experience, but also promotes the technological innovation of decentralized exchanges. I believe that in the future, IntentEX will become the preferred trading platform for more and more people!
Well, that’s all for today! If you have any questions about IntentEX or want to know more, you can check out the dappOS official website or social media platforms! Let’s look forward to more surprises from dappOS in the future!