In the wave of the digital age, blockchain technology, with its decentralized, secure, and transparent characteristics, has led a revolution in financial technology. However, as blockchain applications become more widespread, traditional on-chain exchanges face issues such as insufficient liquidity, slow transaction speeds, and high fees, which have become bottlenecks restricting the development of the blockchain industry. To address these issues, dappOS has launched IntentEX, a spot trading feature based on the Intent Execution Network, which brings users a brand-new trading experience through innovative design.
1. The Core Design Innovation of IntentEX
The core design innovation of IntentEX lies in its unique Intent Execution Network. In this network, users' limit orders are transformed into intent tasks, which are entrusted to professional service nodes in the network for execution. These service nodes not only possess rich market experience but also have access to liquidity resources across the entire market, thus providing users with optimal trading execution solutions.
More importantly, IntentEX allows service nodes to perform final settlements on the opBNB chain. The opBNB chain significantly improves trading efficiency and reduces trading costs with its high speed and low cost features. This design not only enables users to trade assets from any chain seamlessly within IntentEX but also fully leverages the advantages of the opBNB chain, allowing users to trade faster and cheaper.
2. Practical Example: Easy Trading, Efficient and Convenient
Let’s further understand the advantages of IntentEX through a practical example. Suppose Xiao Zhang wants to purchase 100 of a popular token on-chain. In traditional on-chain exchanges, he might need to spend a lot of time and effort comparing prices across different platforms, and he would also need to worry about transaction fees and execution speed.
However, on IntentEX, Xiao Zhang only needs to place a limit order to buy 100 of the tokens. This order will be automatically converted into an intent task and entrusted to the professional service nodes in the dappOS Intent Execution Network. These service nodes will quickly analyze the market and utilize liquidity resources from the entire market to find the best purchasing solution for Xiao Zhang.
Thanks to the high speed and low cost characteristics of the opBNB chain, Xiao Zhang's transaction was settled in a very short time. Not only did he buy the tokens he needed at a favorable price, but he also paid a very low transaction fee. This trading experience was undoubtedly unprecedented for Xiao Zhang. #dappOS推出基于其意图网络的现货交易 #binanceweb3wallet @dappOS_com
