IntentEX is a new use case of the dappOS Intent Execution Network. Through a series of innovative measures, it not only improves the user's trading experience, but also promotes the technological innovation of decentralized exchanges. The following is a detailed explanation of IntentEX:
How IntentEX improves user trading experience
Full market liquidity: IntentEX is able to capture institutional-level liquidity through dappOS’s professional service nodes, allowing users to quickly match the best price, thereby enjoying faster transaction execution and lower transaction costs.
· Extremely fast transactions: IntentEX uses opBNB for settlement, making the basic execution of transactions very fast. In addition, the OMS mechanism of dappOS allows the transaction confirmation speed to sometimes exceed the public chain block speed, allowing users to enjoy a transaction experience close to that of centralized exchanges (CEX).
Low fees: Settlements are made on high-speed, low-fee opBNB, with transaction fees of only 0.1%, much lower than most on-chain exchanges.
Decentralization and transparency: All transactions are publicly recorded on the chain, ensuring the security and transparency of transactions.
How IntentEX promotes technological innovation in decentralized exchanges
· Concept of Intent Tasks: IntentEX treats users’ limit orders as intent tasks and delegates them to nodes within the dappOS Intent Execution Network for execution. This design not only takes advantage of the liquidity of professional institutional traders, effectively providing tokens within IntentEX with liquidity superior to all CEX and DEX, but also provides users with faster transaction speeds and lower execution fees.
OMS mechanism: The OMS mechanism of dappOS ensures that service nodes will be liquidated if they fail to fulfill their promise after promising to execute orders. This mechanism incentivizes service nodes to commit to executing more orders for users and complete transactions faster.
How IntentEX helps the entire crypto ecosystem develop in a more intelligent, efficient and decentralized direction
Technological innovation: The emergence of IntentEX not only solves the problems of insufficient liquidity, slow transaction speed and high handling fees faced by traditional on-chain exchanges, but also promotes technological innovation of decentralized exchanges, making the entire crypto ecosystem more intelligent, efficient and decentralized.
Ecosystem improvement: The launch of IntentEX is a further improvement of the dappOS Web3 intent layer ecosystem. It not only improves the user's trading experience, but also promotes the entire crypto ecosystem to develop in a more intelligent, efficient and decentralized direction.
In short, as a new use case of the dappOS intention execution network, IntentEX not only improves the user's trading experience through its unique mechanisms and innovations, but also promotes the technological innovation of decentralized exchanges and makes important contributions to the development of the entire crypto ecosystem.