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The airdrop is over, here is an introductory article about the dappOS intent layer:
Core components of dappOS intent layer: operations, assets, and transactions
The dappOS intent layer aims to achieve automated execution of users' intents by simplifying and optimizing their interaction experience on the blockchain. It is primarily composed of three main parts: operations, assets, and transactions.
1. Operation intentification (IntentOS)
dappOS previously launched intentOS, an innovative technology aimed at intent-ifying users' operational intentions. With intentOS, users do not need to understand complex blockchain operation instructions in depth; they simply express their needs, and the system automatically executes the corresponding operations. For example, a user might only need to indicate that they want to transfer a specific NFT from one wallet to another, and intentOS will handle all the technical details behind it.
2. Asset intentification (Intent Asset)
Following this is intent asset, which intent-ifies users' asset management. Users no longer need to manually manage the details of each asset; intent asset can automate asset configuration and management according to users' intents. This means that users can set intentions such as 'diversify my assets across multiple DeFi protocols for maximum yield', and the system will automatically adjust asset distribution based on market conditions.
3. Intentification of trading intents (IntentEX)
Recently, dappOS launched the spot trading feature based on intent infrastructure—IntentEX. This feature automates and intelligently enhances users' trading intents. Through IntentEX, users can express their intended trades without focusing on specific trading pairs, price points, and other details. For example, users can set 'buy when ETH price drops below a certain threshold', and IntentEX will monitor the market and automatically execute the trade when conditions are met.
Perfecting the dappOS intent layer ecosystem
Through the combination of intentOS, intent asset, and IntentEX, the dappOS intent layer provides users with a full-process intentification service from operations to asset management, and then to trade execution. This ecosystem not only simplifies the operational threshold for users but also significantly enhances the usability and efficiency of blockchain applications. Users can realize their intents on the blockchain in a more intuitive and user-friendly way, thus promoting the application and popularization of blockchain technology in a broader field.
Overall, dappOS continuously improves and expands its ecosystem through the innovation of the intent layer, providing users with a more intelligent and convenient blockchain experience.
IntentEX is an intent-based spot trading solution developed by dappOS, aimed at simplifying and optimizing users' trading experiences through the Intent Execution Network. Here are some technical details about IntentEX:
Core mechanism
Intent tasking: IntentEX treats users' limit orders as intent tasks. These tasks are delegated to nodes in the dappOS Intent Execution Network. These nodes are responsible for executing trades based on users' intents, ensuring orders are executed under optimal conditions.
Network nodes: Nodes in the network (which may be validators or other participants in the dappOS network) compete to process these intent tasks. Each node can earn rewards by executing tasks, thus promoting decentralization and transparency in the network.
Advantages
Institutional-level liquidity: IntentEX leverages the liquidity resources of the dappOS network to ensure that users' trades have sufficient liquidity support, reducing slippage risk.
Fast execution: By distributing intent tasks and processing them in parallel, the speed of transaction execution is significantly improved, allowing users to complete transactions faster.
Low transaction fees: Due to the batch processing of intents and optimized path selection, users can enjoy lower transaction fees.
Decentralization and transparency: All trading intents and executions occur in a decentralized environment, where all participants can verify the fairness of transactions, enhancing transaction transparency.
Technical implementation
Smart contracts: IntentEX uses smart contracts to handle and verify trading intents. These contracts ensure the correct execution of intents and the fairness of results.
Cross-chain support: By being compatible with different blockchains, IntentEX can execute trading intentions across multiple blockchains, enhancing its application flexibility.
API and SDK: Providing developers with APIs and SDKs that allow them to integrate IntentEX's functionalities into their applications, thus expanding its application scenarios.
User experience
Simplified user operations: Users only need to express their trading intentions (such as 'buy ETH when the price is below a certain point') without needing to focus on the specific trading process or market data; all these are handled automatically by the network.
Real-time feedback and adjustments: Users can receive real-time feedback regarding the execution status of their intents and can adjust their intents if necessary.
Ecosystem integration
IntentEX is part of the dappOS intent layer, which, together with intentOS (operation intent) and intent Asset (asset intent), forms a complete centralized intent ecosystem, aimed at improving user interaction efficiency in the blockchain environment through automated execution of intents.
These technical details are based on an understanding of the publicly available information on dappOS and IntentEX. Additionally, specific implementation details may change as technology evolves.
Given that IntentEX is a new type of intent-based spot trading system, its detailed technical implementation may involve some proprietary technologies and unpublished details. Below is a more detailed discussion of the possible technical implementation of IntentEX, based on existing public information:
Architecture overview
Intent Execution Network: This is the core part of IntentEX, consisting of a group of nodes responsible for receiving and executing users' trading intentions. The decentralized nature of the network ensures the fairness and transparency of transactions.
Smart contract mechanism: Using Ethereum or other blockchain platforms that support smart contracts, IntentEX may utilize smart contracts to define and verify the execution conditions of trading intentions.
Intent processing flow
Intent submission:
Users submit their trading intentions through the IntentEX interface, such as 'buy Y ETH when the price of ETH is below X'. This can be done through a web interface, API call, or integration in other dapps.
Intent parsing and distribution:
Submitted intents are parsed into specific trading tasks and then distributed to nodes in the network. These tasks may include details such as limit price, time conditions, trading volume, etc.
Node competition for execution:
Nodes in the network will compete for the execution rights of these intent tasks. Nodes select tasks based on factors such as task difficulty and expected profit. Successfully executing nodes will receive rewards.
Monitoring and matching:
Nodes need to monitor the market to match users' intents. When market conditions are met (for example, the price reaches a set threshold), nodes will execute the trade. Nodes may leverage on-chain and off-chain data to ensure the accuracy and timeliness of transactions.
Transaction execution and confirmation:
Once a matching trading opportunity is found, the node will execute the trade through a smart contract. After the transaction is successful, the smart contract will provide feedback to the user and ensure the transfer of funds.
Feedback and adjustments:
Users receive feedback on trading results. At the same time, users can adjust their intents based on market changes or submit new trading intents.
Technical components
Smart contract language: Contracts written in Solidity or other languages suitable for the corresponding blockchain platform. These contracts are responsible for the execution logic of intents and the security of transactions.
Off-chain services: It may use off-chain computing resources (such as Oracle services) to obtain real-time market data or perform complex calculations, ensuring data accuracy during contract execution.
Cross-chain bridging: If IntentEX supports multi-chain trading, it may require cross-chain protocols or bridging technologies to ensure asset liquidity across different chains.
Security mechanisms: Including multi-signature, time locks, etc., to ensure transaction security and prevent fraud.
User interface and API: Providing a user-friendly front-end interface and powerful API, allowing other developers and applications to integrate IntentEX's functionalities.
Optimization and performance
Transaction batching: By processing trading intentions in batches, it reduces transaction fees on the blockchain and improves system throughput.
Path optimization: When executing transactions, nodes may use algorithms to choose the best execution path to minimize costs or maximize profits.
Load balancing: Nodes in the network may require load balancing strategies to ensure even task distribution and prevent network congestion.
These details provide an overview of how IntentEX implements its functionality, but due to the continuous development of technology and the complexity of specific implementations, the actual technical implementation may have more innovations and optimizations.
