STON.Fi continues to lead the Ton Ecosystem DEX space with its innovations and continued development efforts toward simplified DEX operations over the TON blockchain.
At its latest developments, $NOT is listed in STON.fi Dex making trades over $NOT most convenient for the users which was around 750k within weeks of its beta launch, and currently a user base of 30M.
$NOT is one of the most popular Telegram based Web3 Gaming token.
Refer the below article for further details.
https://ston.fi/buy-sell-trade-notcoin
Moving towards the next innovation by STON.fi
is to simplify cross-chain swaps by removing bridging and wrapping
Let me provide a brief into the technical aspects over this innovation that will address the critical challenges of the DeFi ecosystem.
To eliminate the need for intermediaries in cross-chain transactions, STON.fi uses a process where a buyer requests pricing and terms from a seller
combined with hashed timelock contracts, which are smart contracts that lock a transaction until specific conditions are met.
Traders express their intention to swap one asset for another by sending an RFQ to professional market makers.The PMMs respond with signed quotes that detail the swap rate and other conditions. The protocol then selects the best quote based on predefined criteria and presents it to the trader.
For more details you can head over to the
@Cointelegraph article:
https://cointelegraph.com/news/ton-based-dex-aims-to-simplify-cross-chain-swaps-by-removing-bridging-and-wrapping
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STON.fi official Links
Discord: https://discord.gg/bdmaGV6qUw
Twitter: https://twitter.com/ston_fi
Guides: https://guide.ston.fi/en/
Blog: https://blog.ston.fi
Telegram Channel: https://t.me/stonfidex
Telegram Chat: https://t.me/stonfichat
Reddit: https://reddit.com/r/STONFi/
Linkedin: https://linkedin.com/company/ston-fi/
Github: https://github.com/ston-fi
NFT Collection 1: https://bit.ly/3Klld4O
NFT Collection 2: https://bit.ly/3m4PxY2
Whitepaper: https://docs.ston.fi/docs/user-section/whitepaper
#Ton #Dex #CrossChainFuture