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The airdrop has ended, here is an introductory article about the dappOS intent layer:
Core components of the dappOS intent layer: operations, assets, and transactions
The dappOS intent layer aims to achieve the automated execution of user intentions by simplifying and optimizing user interactions on the blockchain. Its core consists of three main parts: operations, assets, and transactions.
1. Operational intent (IntentOS)
dappOS previously launched intentOS, an innovative technology aimed at operational intent for users. With intentOS, users do not need to delve into complex blockchain operational instructions; they simply express their needs, and the system will automatically execute the corresponding actions. For example, a user may only need to indicate that they want to transfer a specific NFT from one wallet to another, and intentOS will handle all the underlying technical details.
2. Asset intent (Intent Asset)
Following closely is intent asset, which automates users' asset management intentions. Users no longer need to manually manage the details of each asset; intent asset can automate asset allocation and management based on users' intentions. This means that users can set intentions like 'distribute my assets across multiple DeFi protocols for maximum yield,' and the system will automatically adjust asset distribution based on market conditions.
3. Intent-based trading (IntentEX)
Recently, dappOS launched the intent-based infrastructure for spot trading—IntentEX. This feature automates and intelligently enhances users' trading intentions. Through IntentEX, users can express the trades they wish to make without focusing on specific trading pairs, price points, and other details. For example, users can set 'buy when the price of ETH is below a certain threshold,' and IntentEX will monitor the market and execute trades automatically 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 intent-based service from operations to asset management 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 intentions on the blockchain in a more intuitive and user-friendly manner, thus promoting the wider application and popularization of blockchain technology in various fields.
Overall, dappOS continuously improves and expands its ecosystem through innovations in the intent layer, providing users with a smarter and more convenient blockchain experience.
IntentEX is an intent-based spot trading solution developed by dappOS, designed to simplify and optimize the trading experience for users through the intent execution network. Here are some technical details about IntentEX:
Core mechanism
Intent tasking: IntentEX treats user 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 user intentions, ensuring orders are executed under optimal conditions.
Network nodes: Nodes in the network (which could be validators or other participants in the dappOS network) compete to process these intention tasks. Each node can earn rewards by executing tasks, promoting decentralization and transparency in the network.
Advantages
Institutional-level liquidity: IntentEX leverages the liquidity resources of the dappOS network to ensure sufficient liquidity support for user transactions, reducing slippage risk.
Fast execution: Through the distribution and parallel processing of intent tasks, the speed of transaction execution is significantly improved, allowing users to complete transactions faster.
Low transaction fees: Due to batch processing of intentions and optimized path selection, users can enjoy lower transaction fees.
Decentralization and transparency: All trading intentions and executions occur in a decentralized environment, allowing all participants to verify the fairness of transactions, enhancing transaction transparency.
Technical implementation
Smart contracts: IntentEX uses smart contracts to handle and verify trading intentions. These contracts ensure the correct execution of intentions and 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: Provide APIs and SDKs for developers, allowing them to integrate the functionalities of IntentEX into their applications, thereby expanding their application scenarios.
User experience
Simplified user operations: Users only need to express their trading intentions (e.g., 'buy ETH when the price is below a certain point') without needing to focus on specific trading processes or market data; all of this is handled automatically by the network.
Real-time feedback and adjustments: Users can receive real-time feedback regarding the execution of their intentions and can adjust their intentions as necessary.
Ecosystem integration
IntentEX is part of the dappOS intent layer, together with intentOS (operational intent) and intent Asset (asset intent), constituting a complete centralized ecosystem of intentions aimed at improving user interaction efficiency in a blockchain environment through automated execution of intentions.
These technical details are based on an understanding of publicly available information about dappOS and IntentEX. Additionally, specific implementation details may change with technological updates.
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 exploration of the possible technical implementations of IntentEX, based on existing public information:
Architecture overview
Intent Execution Network: This is the core part of IntentEX, composed of a group of nodes responsible for receiving and executing user trading intentions. The decentralized nature of the network ensures fairness and transparency in transactions.
Smart contract mechanism: Using Ethereum or other blockchain platforms that support smart contracts, IntentEX may leverage smart contracts to define and verify the execution conditions of trading intentions.
Intent processing flow
Intent submission:
Users submit their trading intentions through IntentEX's 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 into other dapps.
Intent parsing and distribution:
Submitted intentions will be parsed into specific trading tasks, then distributed to the nodes in the network. These tasks may include details such as limit prices, time conditions, and trading volumes.
Node competition for execution:
Nodes in the network will compete for the execution rights of these intention 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 user intentions. When market conditions are met (e.g., the price reaches the set threshold), nodes will execute trades. Nodes may utilize on-chain and off-chain data to ensure transaction accuracy and timeliness.
Transaction execution and confirmation:
Once a matching trading opportunity is found, the node will execute the trade through a smart contract. After a successful transaction, the smart contract will provide feedback to the user and ensure the transfer of funds.
Result feedback and adjustment:
Users receive feedback on the results of their transactions. Meanwhile, users can adjust their intentions based on market changes or submit new trading intentions.
Technical components
Smart contract language: Contracts written in Solidity or other languages suitable for the respective blockchain platform. These contracts are responsible for the execution logic of intentions and the security of transactions.
Off-chain services: 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, cross-chain protocols or bridging technologies may be needed to ensure asset liquidity across different chains.
Security mechanisms: Including multi-signature, time-lock, etc., to ensure transaction security and prevent fraud.
User interface and API: Provide user-friendly front-end interfaces and powerful APIs, allowing other developers and applications to integrate the functionalities of IntentEX.
Optimization and performance
Transaction batching: By processing trading intentions in batches, it reduces transaction fees on the blockchain and increases system throughput.
Path optimization: When executing transactions, nodes may use algorithms to select 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 functions, but due to the continuous evolution of technology and the complexity of specific implementations, the actual technical implementations may have more innovations and optimizations.
