This 22nd essay project article is sponsored by @dappOS_com . dappOS has launched the intentEX spot trading use case based on its intent network, providing users with a CEX-level on-chain trading experience: intentEX can also capture institutional-level liquidity through dappOS network nodes based on the internal order book; intentEX performs final settlement on the opBNB chain, allowing users to trade at higher speeds and lower fees.
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Step 1: You must use tags #dappOS推出基于其意图网络的现货交易 and #BinanceWeb3Wallet to participate in the dappOS essay competition by posting original content in the square, sharing your unique insights and analysis on the topic!
Step 2: Share your square post on social media platform X (Twitter), and @dappOS_com, adding tags #dappOS推出基于其意图网络的现货交易 #BinanceWeb3Wallet , encouraging your fans to comment, like, or share your post to enhance interaction.
Event Rules:
After the event ends, the top 50 posts under this topic with at least 20 interactions (likes, shares, or comments) and at least 300 characters of high-quality content will be selected to share a prize pool of 20,000U based on views.
Views > 2000, reward 240U, limit 25 spots.
Views > 8000, reward 400U, limit 15 spots.
Views > 15000, reward 800U, limit 10 spots.
All content must be published before 12:00 (UTC+8) on December 30, 2024, to qualify for rewards.
Creative inspiration related to the event:
The core of the dappOS intent layer consists of three parts: operations, assets, and trading. Previously, dappOS launched intentOS and intent asset to realize operational intent and asset intent respectively. dappOS now introduces the intent-based spot trading feature IntentEX, further helping users realize trading intent and perfecting the dappOS intent layer ecosystem.
Currently, traditional on-chain exchanges face issues such as insufficient liquidity, slow transaction speeds, and high fees. Users often cannot enjoy full market liquidity on a single platform, resulting in low trading efficiency and often high trading costs.
The core design innovation of intentEX is to additionally treat users' limit orders as intent tasks delegated to professional service nodes in the dappOS intent execution network, based on traditional order book exchanges, and allows service nodes to complete final settlements on the opBNB chain. This design not only enables users to seamlessly trade assets across any chain within intentEX but also fully leverages the high speed and low fees of opBNB, allowing users to trade faster and cheaper while enjoying a good trading experience. Moreover, these service nodes can also help users capture professional institutional-level liquidity based on the internal order book.
Compared to traditional on-chain exchanges, IntentEX has the following advantages:
Market-wide liquidity: Through dappOS's professional service nodes, users can capture institutional-level liquidity and quickly match optimal prices.
Fast execution: Settling on opBNB ensures that the basic transaction execution speed is very fast. Additionally, dappOS's OMS mechanism allows transaction confirmation speeds to sometimes exceed public chain block speeds, enabling users to enjoy a near CEX trading experience.
Low fees: Settling on the high-speed, low-fee opBNB results in trading fees of only 0.1%, lower than most on-chain exchanges.
Decentralization and transparency: All transactions are publicly recorded on-chain, ensuring the security and transparency of the transactions.
intentEX is a new use case of the dappOS intent execution network, which not only enhances user trading experience but also promotes technological innovation in decentralized exchanges. It is a further improvement of the dappOS Web3 intent layer ecosystem, helping the entire crypto ecosystem move towards a more intelligent, efficient, and decentralized direction. At the same time, using opBNB for settlement also marks dappOS's full integration into the BNB Chain ecosystem.
Please read the rules and terms carefully:
Only content published during the event period related to #dappOS launches its intent network-based spot trading and #BinanceWeb3Wallet (including posts and articles) is eligible to be qualified content.
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Users must publish ≥ 1 piece of content 30 days prior to the announcement to qualify for the competition.
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