dappOS is an intent execution network that revolutionizes how users interact with decentralized blockchain systems. Instead of manually navigating through multiple steps in traditional dApps, users can simply focus on what they want to achieve with dappOS. The network’s service providers handle all the intermediate processes, ensuring users get their desired outcomes with minimal effort and institutional-level efficiency.
dAppOS currently provides three key features:
Intent Asset: Users can utilize their assets while earning interests continuously.
Intent EX: Users can achieve optimal transaction costs when trading spots.
Intent-centric dApp Interaction: Users can interact seamlessly with dApps, avoiding the complexities of direct blockchain interaction.
These three features address the most common on-chain needs of users, positioning dappOS as a comprehensive Web3 operating system by integrating these essential functionalities.
dappOS has emerged as a frontrunner in the Web3 intent space, having already got invested by top-tier VCs such as Binance Labs, Polychain, Sequoia, IDG, and OKX Ventures
How dappOS works
dappOS is an intent execution network designed to simplify and optimize the process of executing user intents on the blockchain. By leveraging the innovative Optimistic Minimum Staking (OMS) mechanism and integrating various roles within the network, dappOS ensures efficient and secure execution of intents.
Optimistic Minimum Staking
The core of dappOS is the Optimistic Minimum Staking (OMS) mechanism, an innovative solution perfectly tailored for intent-based tasks. OMS links each intent task to a predefined value and potential compensation in case of failure, allowing tasks to be executed before their outcomes are verified.
In dappOS, intents are essentially framed as “provide C, want X, get Y when fail.” This means that if a task fails, the network employs a consensus process to penalize the responsible service provider, ensuring that either the user's task is successfully executed or the user receives the predetermined compensation. Additionally, intents within the dappOS network require that the success of intent task execution can be clearly and objectively determined on-chain, eliminating subjective disagreements. This ensures transparency and consistency in the evaluation of task outcomes, further strengthening the reliability of the network.
The critical innovation here is the asynchronous nature of C and X in this framework. The service provider can first receive C (the resources provided) from the user and then take the necessary steps to achieve X (the desired outcome), with the assurance that if they fail, Y (the compensation) will be provided to the user.
This asynchronous handling of C and X significantly expands the solution space for service providers. They are not constrained to synchronous, immediate actions but can leverage more complex, multi-step processes that might involve both on-chain and off-chain methods to fulfill the user's intent.
The OMS mechanism offers significant advantages to both service providers and users. The key benefits of OMS include:
Generalizability of Intent Tasks: OMS supports a wide variety of intent tasks, as long as they can be validated by on-chain rules. This broad applicability allows for numerous use cases, making the network versatile and adaptable. By leveraging on-chain validation, dappOS ensures that the execution of intents is transparent, secure, and consistent across different scenarios.
Expanded Solution Space: OMS allows service providers to use any method to fulfill the user’s intent as long as the final result is achieved. For instance, if a user wants to purchase a large amount of an asset, the service provider can choose the most efficient route, whether it's using on-chain exchanges, off-chain centralized exchanges like Binance, or over-the-counter (OTC) desks. This flexibility significantly broadens the range of possible solutions, enabling service providers to find the most cost-effective and timely methods.
Enhanced Capital Efficiency: Service providers only need to stake a minimal amount of collateral relative to the total value of ongoing intent tasks, and they can take user’s C(the resources provided) first and execute the intent later. This reduces the capital burden on service providers and allows them to utilize their funds more efficiently. They can freely deploy and utilize their working capital as long as they can fulfill the user’s intent.
Guaranteed Execution Speed: Execution speed is a critical component of the dappOS network, ensured through a predefined parameter within each intent. If a task is not completed within the specified time frame, it is automatically deemed a failure, and the user is compensated. This time-bound approach ensures that users are not left waiting indefinitely for their intents to be executed. It also incentivizes service providers to prioritize timely execution, knowing that delays will result in penalties and loss of collateral.
Scalability and Security: The OMS system ensures that tasks are either completed successfully or the users are compensated adequately. This model guarantees that the network can handle a wide variety of tasks without compromising security. By focusing on the final outcome and using a robust consensus mechanism to validate task completion, dappOS maintains a high level of security while supporting scalable operations. The system's high tolerance for verification time and low-risk e
xposure ensure that tasks can be verified efficiently and securely, promoting a resilient and scalable network.
The OMS mechanism aligns the interests of service providers and users, fostering a reliable and efficient ecosystem. By ensuring that tasks are either completed successfully or compensated appropriately, OMS establishes a robust framework for intent execution, driving the adoption of intent-based interactions within the blockchain space.
Participants in dappOS Network
Before diving into the detailed workflow of the dappOS intent execution network, it is essential to introduce the three primary participants within the network:
Service Provider
The service provider is the entity responsible for executing the user's intent. Service providers must stake collateral to take on tasks within the network, and the total value of the tasks they accept cannot exceed a certain proportion of their collateral. When a user's task is successfully completed and validated by the network, the reduction in the current total value of the service provider's tasks is acknowledged by other network participants, allowing the service provider to accept new tasks.
Execution Validator
Execution validators play a crucial role in verifying whether a user's intent has been successfully executed. These validators must stake a significant amount of tokens as collateral within the network. By continuously participating in verification tasks, execution validators earn token rewards. If they fail to provide timely validation results or if they submit incorrect validation outcomes, they face penalties. Their role is vital to maintaining the integrity and accuracy of the network's operations.
Matcher
Matchers are advanced execution validators with additional responsibilities. Besides verifying the execution results, matchers are also tasked with pairing and matching users with suitable service providers. This dual role requires matchers to stake even more assets within the network.
Workflow of dappOS Network
The dappOS intent execution network operates through a structured workflow, consisting of three main phases: Counterparty matching, execution, and verification.
Phase One: Counterparty Matching
When a user defines their intent, they can query any matcher within the network. The matcher will return execution quotes from the connected service providers for the specified intent. Once the user selects the most optimal quote, the intent deal is finalized. The user then only needs to monitor the success of their task; if it fails, they will receive compensation.
For convenience, dappOS has developed a series of intent task frameworks. When users interact with partner infrastructure or dApps of dappOS, their intents are automatically generated by the intent task frameworks. Users can then view quotes from various service providers within the dApp and select the most appealing option.
Phase Two: Execution
After the intent deal is finalized, the service provider will receive C(what user provides for the intent), and take responsibility for fulfilling the X(what user wants in the intent).
dappOS Intent Execution Network does not care about how the service provider completes the intent task; it only cares about whether the result is successfully achieved. Unlike many other intent-related projects where intent solvers are limited to on-chain solutions, dappOS allows service providers to choose from a broader range of solutions. This flexibility may offer users better options.
Phase Three: Verification
Service providers can proactively report the completion of their tasks. If they do not, execution validators will verify the success of the intent after the specified time within the intent.
If the task is detected as failed, execution validators can issue a challenge to the network. All execution validators will then vote according to a Delegated Proof of Stake (DPOS) mechanism to reach a consensus. If the consensus determines that the intent task has failed, the service provider's collateral will be used to compensate the user and reward the challenger. If the consensus confirms that the intent task was successfully executed, the challenger will be penalized.
If the task is successful, which means that nobody issues any challenge about the success, the corresponding task value for the service provider will be released.
Through these phases, dappOS ensures a seamless, efficient, and user-centric process for executing intents. The structured workflow not only simplifies user interactions but also maintains the network's integrity and reliability.
Intent Task Frameworks
For convenience, dappOS has developed a series of intent task frameworks. When users interact with partner infrastructure or dApps of dappOS, their intents are automatically generated by the intent task frameworks. Users can then view quotes from various service providers within the dApp and select the most appealing option.
Unified Account
The dappOS unified account functions as an officially sanctioned account system fully compatible with the intent execution network. It permits users to effortlessly manage their assets across various blockchains, mirroring the ease of centralized exchanges while operating within a decentralized framework. This account system supports the use of assets in any dApp integrated with dappOS SDK, across any blockchain, and facilitates the payment of fees with all mainstream tokens, simplifying the blockchain experience for users globally.
Intent-centric dApp Interaction
The intent-centric dApp interaction framework revolutionizes real-time engagement with decentralized applications by supporting a seamless blend of contract calls from users’ contract-based wallets and asset bridging, even when arbitrary steps and dependencies are involved. This framework simplifies and automates the vast majority of dApp interaction tasks, traditionally executed manually. It is already live and trusted by top-tier dApps such as GMX, Benqi, and QuickSwap.
To further streamline this interaction, the dappOS unified account has been integrated into the framework. This officially sanctioned account system allows users to effortlessly manage their assets across various blockchains. By mirroring the ease of centralized exchanges while maintaining a decentralized structure, it enhances user experience by enabling asset management across any dApp integrated with the dappOS. The unified account not only supports asset usage in these dApps but also facilitates fee payments with all mainstream tokens, significantly simplifying the blockchain experience. This integration is designed to provide a unified, frictionless user experience, where the account system is inherently compatible with intent execution, ensuring smooth and efficient authorization for service providers.
Intent Assets
Intent Assets are a new type of asset launched by dappOS. Intent assets offer high yields while remaining readily usable on-chain at any time. Whether users want to withdraw Intent Assets to a native asset on an exchange or use them on-chain to buy new MEME coins, participate in lending, or stake, they can do so directly without long wait times or suffering high slippage.
The first batch of Intent Assets includes intentBTC, intentETH, and intentUSD.
How Intent Asset works
As shown in the diagram, when a user has the intent to "directly use Intent Assets in a specific scenario," they can do so with a single click. Behind the scenes, the user is providing Intent Assets as input to the dappOS Intent Execution Network and assigning the settlement task to the network’s service providers, expecting a specific result. The complexity of various on-chain operations involved in the actual use of Intent Assets is handled by the service providers within the dappOS network. When users hold Intent Assets, the yield generation tasks are also performed by the service providers within the Intent Execution Network.
The underlying yield of Intent Assets comes from yield-bearing assets like LRT/Pendle PT (e.g., wstETH, sUSDe, sDAI, stBBTC), and the Intent Assets held by users can be seen as certificates. Theoretically, without the dappOS Intent Execution Network, users could choose to move assets across different chains themselves and seek ways to earn yields. However, in practice, users often do not choose to operate on their own but instead opt for the dappOS Intent Execution Network because:
Users want a straightforward process: In current blockchain interactions, completing an operation usually requires thinking through many intermediate steps. By using the Intent Execution Network, regardless of how complex the task's process is, as long as the result can be clearly verified, users can simply confirm it with a single click, letting professional service providers execute the task.
The Intent Execution Network enables institutional-level cost efficiency for ordinary users: Ordinary users usually cannot compete with professional service providers in terms of cost and efficiency. In the dappOS network, competition among service providers drives prices down to the optimal level, benefiting users. This enables ordinary users to access institutional-grade costs and speeds.
The Intent Execution Network enhances the security of Intent Assets: Due to the OMS mechanism, when a service provider takes on a user’s task to "use Intent Assets", the user’s assets are already secured: either the task is successfully completed, or the user receives a pre-determined compensation. In essence, users are transferring the risks associated with redeeming assets to service providers who are better equipped to handle those risks.
Intent EX
The Intent EX framework within dappOS is designed to handle a wide range of asset exchange tasks, offering unmatched flexibility and efficiency. This framework allows service providers to utilize a diverse array of solutions to fulfill user intents related to spot trading, catering to both large and small orders. By leveraging both on-chain and off-chain strategies, service providers can optimize execution to achieve the best possible outcomes for users.
Innovations of dappOS
Generalizability of Intent Tasks
One of the core innovations of dappOS is the strong generalizability of intent tasks. As long as the tasks can be validated by on-chain rules, they can be incorporated into the dappOS network. This broad applicability allows for a wide variety of intents, making the network versatile and adaptable to numerous use cases. By leveraging on-chain validation, dappOS ensures that the execution of intents is transparent, secure, and consistent across different scenarios.
Expanded Search Space for Service Provider Solutions
dappOS significantly broadens the search space for service provider solutions. Unlike many other intent-related projects that restrict solutions to purely on-chain methods, dappOS enables service providers to utilize a wider array of strategies, including off-chain methods. This flexibility allows for more efficient and cost-effective solutions.
For instance, consider a user who wants to purchase a large amount of project token $XYZ across different blockchain networks. Service Provider 1 might propose using a cross-chain bridge followed by a purchase on a decentralized exchange (DEX), a typical on-chain solution. However, Service Provider 2, leveraging an off-chain method, might use a centralized exchange like Binance to take advantage of lower fees, providing the user with a more cost-effective alternative.
Additionally, Service Provider 3 might choose to execute the transaction through an over-the-counter (OTC) desk. OTC desks are known for handling large trades without causing significant price movements, which can be particularly advantageous for substantial transactions. This method, although off-chain, can offer the user a more favorable price and faster execution.
Another example is a user intent to swap a specific token for another at the best possible rate. While traditional on-chain methods would involve finding the best rates across multiple DEXs, Service Provider 4 might have direct communication with the team behind the $XYZ token. By negotiating directly with the team, the service provider can secure better rates or more favorable conditions for the trade, providing the user with an optimal solution that may not be available through standard on-chain methods.
The key advantage of dappOS is its agnostic stance towards the methods employed by service providers. The network does not concern itself with how the service provider completes the task; it only cares about whether the user's intent is successfully achieved. This approach ensures that users receive the best possible outcomes for their intents without being limited by the constraints of on-chain-only solutions.
By expanding the search space for service provider solutions, dappOS enhances the overall efficiency and effectiveness of intent execution. Users benefit from a broader range of strategies that can be tailored to their specific needs, while service providers are empowered to leverage their unique capabilities and resources to fulfill user intents. This flexibility is a core innovation of dappOS, setting it apart from other intent-based projects and paving the way for a more dynamic and user-centric blockchain ecosystem.
Enhanced Capital Efficiency for Service Providers
dappOS is designed to improve capital efficiency and lower entry barriers for service providers, fostering a more inclusive and competitive network. The key features contributing to enhanced capital efficiency include minimal collateral requirements, the ability to reuse capital across multiple tasks, and the opportunity to leverage user prepayments.
Minimal Collateral Requirements: Service providers in the dappOS network only need to stake a minimal amount of collateral relative to the total value of ongoing intent tasks. This significantly reduces the capital burden compared to other networks, where participants must stake a large amount of capital to engage in execution tasks. By lowering the financial threshold, dappOS democratizes access to the network, encouraging a broader range of participants and fostering a more competitive environment.
Capital Reusability: One of the standout features of dappOS is the ability for service providers to reuse their working capital across multiple tasks. Instead of locking up large amounts of capital in a single task, service providers can engage in several intent tasks with the same collateral. As long as the total value of the intent tasks they have accepted does not exceed a certain proportion of their collateral, they do not need to supplement additional collateral. This flexibility allows service providers to maximize the utilization of their capital, engaging in diverse activities such as liquidity provision, cross-chain transactions, and decentralized finance (DeFi) operations.
Leveraging User Prepayments: dappOS further enhances capital efficiency by allowing service providers to take advantage of user prepayments(C in user’s intent). This mechanism ensures that service providers have access to immediate liquidity, which can be deployed efficiently to fulfill the user's intents. By utilizing user prepayments, service providers can reduce their reliance on personal capital reserves, further lowering entry barriers and enabling more dynamic and responsive service provision.
These combined factors of minimal collateral requirements, capital reusability, and leveraging user prepayments result in a more efficient allocation of capital within the dappOS network. This not only reduces costs for service providers but also ensures that users benefit from a wider selection of service providers and more competitive pricing.
By improving capital efficiency and lowering entry barriers, dappOS creates a more robust and accessible network. This innovation leads to enhanced network participation, fostering a vibrant ecosystem where service providers can thrive, and users can enjoy seamless, cost-effective services.
Guaranteed Execution Speed
Execution speed is a critical component of the dappOS network, and it is ensured through a predefined parameter within each intent.
If a task is not completed within the specified time frame, it is automatically deemed a failure, and the user is compensated. This time-bound approach ensures that users are not left waiting indefinitely for their intents to be executed. It also incentivizes service providers to prioritize timely execution, knowing that delays will result in penalties and loss of collateral. By embedding execution time within the intent, dappOS guarantees a reliable and predictable user experience, fostering trust and satisfaction among its users.
Security with Scalability
dappOS is uniquely designed to ensure security while maintaining scalability, making it a robust platform for intent-based interactions within the blockchain space. This balance is achieved through several key innovations, including high tolerance for verification time, low-risk exposure, and a robust consensus mechanism.
High Tolerance for Verification Time: One of the critical aspects of dappOS's security model is its high tolerance for verification time. Unlike traditional blockchain systems that require immediate verification, dappOS allows for a more flexible verification process. This flexibility ensures that tasks can be completed without the pressure of instant verification, which can often lead to errors or incomplete transactions. By allowing a broader window for verification, dappOS ensures that service providers can operate efficiently without compromising the security of the network. This approach also helps to mitigate network congestion and improve overall system performance.
Low-Risk Exposure: dappOS minimizes risk exposure for both users and service providers through its innovative staking and compensation mechanisms. Service providers are required to stake collateral, which is used to compensate users in case of task failure. This ensures that users are protected and that service providers are held accountable. Additionally, the asynchronous handling of intents (provide C, want X, get Y when fail) allows service providers to manage their tasks more effectively without exposing themselves to significant financial risk. This model ensures that even if a task fails, the user is adequately compensated, and the service provider only risks their staked collateral, not their entire operational capital.
Robust Consensus Mechanism: The security of dappOS is further strengthened by its robust consensus mechanism. This mechanism ensures that all transactions and task completions are validated through a decentralized process, reducing the likelihood of fraud or manipulation. The consensus process is designed to be both secure and scalable, allowing the network to handle a large number of transactions without compromising on performance. This ensures that as the network grows, it can continue to provide secure and reliable services to its users.
By combining these elements, dappOS achieves a high level of security while maintaining the ability to scale. This makes it possible to support a wide variety of tasks and use cases, from simple transactions to complex multi-step processes, all within a secure and efficient framework.
Looking Ahead: A World with dappOS
Just as Windows 95 revolutionized personal computing by introducing a user-friendly graphical user interface (GUI), dappOS aims to transform the blockchain landscape with its intent execution network. Before Windows 95, computer users had to rely on complex command-line interfaces, making technology inaccessible to the average person. Similarly, current blockchain interactions require users to understand intricate technical details like smart contracts, gas fees, and various blockchain protocols, creating a high barrier to entry. dappOS serves as the blockchain equivalent of the GUI, abstracting away these complexities and allowing users to simply express their desired outcomes (intents) without worrying about the execution details. This significantly lowers entry barriers, making blockchain technology accessible to a broader audience and promoting mass adoption.
In a world with dappOS, users can interact with blockchain applications as easily as they navigate modern web interfaces. Whether transferring assets, engaging in decentralized finance (DeFi), or using decentralized applications (dApps), dappOS simplifies these processes by letting users set their intents and allowing the network to handle execution. This user-centric design ensures even those with little to no technical knowledge can effortlessly participate in the blockchain ecosystem. Furthermore, dappOS's flexible approach enables service providers to use both on-chain and off-chain solutions, optimizing for efficiency and cost-effectiveness, and ensuring timely execution with guaranteed reliability.
Ultimately, dappOS promises to become the foundational infrastructure for Web3, driving the next wave of growth in the decentralized era. Users will enjoy seamless interactions with decentralized applications, akin to the ease of using popular Web2 services today. As more users and developers join the dappOS network, we can anticipate explosive growth and innovation, reminiscent of the internet's transformative "1995 moment." The future of blockchain technology, powered by dappOS, will be inclusive, efficient, and impactful, ushering in a new era of digital interaction and economic opportunity. @dappOS_com #BinanceWeb3Wallet #dappOSTheFutureofIntents $SHIB $DOGE $DOGS