👋Hello, everyone. I am Momo. Recently, the dappOS intention network is very popular. Momo combines his own vernacular to make it easier and faster for everyone to understand the project and participate in it. Therefore, the following content sharing is my own understanding and cognition. If there are any problems and errors, please understand and contact me to correct them in time!
## 0x00 Preface
In today's multi-chain era, it is very important to make interactions in Web3 easier. The king of intent is none other than dappOS, which makes the interaction between users and on-chain applications easier and more intuitive. Recently, following IntentOS, dappOS launched the spot trading platform IntentEX, further improving its ecosystem, committed to simplifying user interactions and providing efficient execution capabilities. It aims to provide users with a trading experience close to the level of centralized exchanges (CEX).
Momo has participated in every Intent dApps of dappOS before, including many well-known decentralized trading platforms, such as GMX, KiloEx, Aark, etc. With the support of dappOS, users can ignore the barriers between blockchain networks and focus on transactions without other encouragement. The operation becomes very smooth, and dappOS can obtain rich rewards for each Intent dApps experience, and the experience is also very explosive!
This time, dappOS has brought the even more important IntentEX spot trading platform. The innovation of IntentEX lies in its ability to provide users with a trading experience close to that of centralized exchanges while reducing costs and increasing speed.
So, next Momo will use her own vernacular to familiarize everyone with IntentEX, and participate in the latest interactive activities of Binance Web3 Wallet with everyone!
## 0x01 IntentEX&dappOS
1. Intent means that users specify what they want to achieve (for example, transfer assets) without having to deal with the details. Agents (i.e. solvers) handle these requests and provide fast and efficient services. Just like I want to send some ETH from the Ethereum mainnet (L1) to Optimism, without intention operation, I need to understand how to bridge assets, pay high gas fees, and wait for transaction confirmation. But under the intention network of dappOS, there is no need to care about the complicated details of cross-chain operations. Just click Withdraw in the dappOS wallet, and dappOS and the smart contract behind it will handle all the rest. This is the core idea of intention operation: users only need to care about the results they want, and the specific implementation details are automatically completed by the system.
2. IntentEX is a spot trading platform recently launched by dappOS after IntentOS. It works with the intent operating system (IntentOS) and intent assets (Intent Asset) of appOS to realize the intentionality of operations and assets. In the current cryptocurrency market, the emergence of new assets and MEME dog season has stimulated users' strong demand for on-chain transactions. However, existing on-chain trading platforms (DEX) are often criticized for insufficient liquidity, transaction delays and high fees, which seriously restrict the improvement of user experience. The most important fundamental problem is that in the context of the multi-chain era, the liquidity of tokens is dispersed among different trading platforms, making it difficult for users to exchange transactions on a platform such as DEX.
3. The dappOS intention advantage is here. It provides a new trading model through IntentEX, which effectively solves the problems of liquidity, cost and efficiency, allowing users to realize their trading intentions. The innovation of IntentEX is that it regards the user's limit order as a task, which is executed by the nodes in the dappOS network. These nodes can trade on various blockchains. When users place a limit order on IntentEX, they publish a task. The nodes in the network will match the most suitable service node based on factors such as margin, cost, and speed. The service node promises to complete a certain number of orders and ensures the fulfillment of the promise through the OMS mechanism of dappOS (Optimistic Minimum Staking (OMS) mechanism). This not only increases the transaction speed of orders, but also reduces the waiting time for users.
4. The concept is so complicated, can you make it more straightforward? Good!!
As shown in the above figure, for example, when Momo clicks Buy on Trade on dappOS (i.e. places a limit order on IntentEX, i.e. publishes a task), the nodes in the network will match the most suitable service node based on factors such as margin, cost, speed, etc. and feedback to the user. After the user signs, the service node promises to complete a certain number of orders and ensures the fulfillment of the promise through the OMS mechanism (optimistic minimum stake (OMS) mechanism) of dappOS.
## 0x02 Participate in wallet interaction activities
Having said so much above, let's take part in the recent activities of Binance Web3 Wallet (dappOS) to be more intuitive! And you will get rich event rewards!
1. In the Binance APP, click Funds -- Web3 to switch to the Web3 wallet interface. If you don't have a wallet yet, create one first! Before we start, we need to prepare the transaction amount. If the wallet is less than 10U, you can click Receive -- Receive coins through the Binance trading platform to directly and conveniently transfer the amount to the wallet. And now there is no transaction fee for transferring to the BSC chain! ! Note that it is best to transfer more than 11U to ensure friction and transaction fees in the interaction, and the wallet should reserve some on-chain transaction fees to transfer to dappOS.
2. Click on the exclusive airdrop on the wallet homepage, select the dappOS event to enter the event page, and click Join to participate in the event!
3. Enter the first NFT Mint task and link the Binance wallet to interact. Mint an NFT for free and have a chance to win 60,000 USDC! After completion, remember to click Verify. The single task button on the activity page turns green to complete. The same applies to the following.
4. For the second task, click to enter the Trade page of dappOS to trade any token. If you don’t have USDT, click Bal to transfer the wallet amount to the dappOS wallet. Momo found that it actually supports binance pay directly, which is quite convenient! After the transfer, we can complete this task by trading more than 10U. The transaction process is as fast as Binance trading, very fast and smooth! ~ (This is mainly due to the professional service node of the dappOS intention execution network that settles on the opBNB chain)
5. The third task is the same as before, but you need to trade $CHEEMS tokens. We can do the same operation. Remember to return to verify.
6. The fourth task is the same as above, but you need to trade $GOAL tokens. We can do the same. Remember to return to verify.
7. Now that everything is green, we have completed the interaction!
## 0x03 Summary
We have experienced that the advantages of IntentEX are very obvious, mainly reflected in the following aspects:
Market liquidity: dappOS nodes can match orders from the entire market in real time, providing superior liquidity.
Fast execution and transaction: IntentEX takes advantage of market liquidity and provides fast transaction services thanks to the professional service nodes of the dappOS Intent Execution Network that settle on the opBNB chain.
Low-cost transactions: Relying on the professional service node network of dappOS and the high-speed and low-fee characteristics of opBNB, the transaction cost is only 0.1%.
Transparent decentralization: All transactions are recorded on the chain to ensure transparency and reliability.
IntentEX is an important part of the dappOS ecosystem. After successfully implementing intent-centric operations and assets, dappOS introduced IntentEX to facilitate users to conduct intent-centric transactions. In addition, mainstream assets on IntentEX such as USDT, BTC, and ETH, as intent assets of dappOS, provide users with interest income in a non-trading state without hindering the immediate use of these assets for transactions.
In this way, dappOS not only brings users a more convenient trading experience, but also injects new impetus into the development of Web3. And this time intentEX uses the opBNB blockchain network for settlement, which is also a sign that dappOS is fully integrated into the BNB Chain ecosystem. 👏
