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What is a DEX, Part 3: AMM and Order Book ModelsThere are two decentralized exchange (DEX) models: the Automated Market Maker (AMM) and the Order Book approach. Through short case studies of STON.fi and STORM Trade you’ll discover how these platforms revolutionize token exchanges, challenge traditional financial paradigms, and offer unprecedented levels of user control and market participation. Two primary DEX models exist: Automated Market Maker (AMM) platforms like STON.fi or Uniswap Order Book-based exchanges like dYdX or STORM trade Automated Market Maker (AMM) Model: STON.fi Case Study STON.fi represents a pioneering AMM-based DEX in the TON ecosystem, embodying the c
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What is a DEX, Part 2: DEX vs CEXCentralized Exchanges (CEX) have long dominated the cryptocurrency landscape, but there is an alternative: Decentralized Exchanges (DEX). This exploration delves into the intricate differences between these two trading platforms, unveiling the complex ecosystem of digital asset exchanges. From the user-friendly interfaces of traditional platforms to the groundbreaking principles of decentralized trading, discover the nuanced advantages, challenges, and transformative potential of these competing approaches to financial transactions. Most centralized exchanges (CEX) mirror traditional financial services like the New York Stock Exchange. Thi
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What is a DEX? Part 1: Fundamentals of Trading MarketDecentralized Exchanges (DEX) have emerged as a revolutionary approach to trading digital assets. Unlike traditional centralized platforms, DEX represents a peer-to-peer marketplace powered by blockchain smart contracts where users can trade directly without intermediaries. Before exploring the differences between Decentralized and Centralized Exchanges, it's crucial to have a solid understanding of trading fundamentals — grasping how the market operates, comprehending concepts like liquidity, and knowing the roles of market makers and market takers. Basic Concepts of Trading Market: Liquidity, Market-Makers and Market Takers L
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What is a crypto airdrop and how not to be dropped by a fake airdrop"Airdrop" has become a buzzword that attracts both excitement and skepticism. As more projects embrace this distribution method, understanding its mechanics, benefits, and risks becomes crucial for every crypto investor. This article will guide you through the essence of crypto airdrops, their various types, and essential security measures to protect your assets. What is a Crypto Airdrop? A crypto airdrop is a distribution of tokens or coins to specific wallet addresses at no direct cost to recipients. The term "airdrop" stems from traditional marketing practices where promotional materials were distributed from aircraft – a parallel to
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How to Generate a TON Wallet (2024 Updated)In this guide, you'll learn about TON blockchain wallets. We'll explain different wallet types, show you their functionality, and help you understand the security aspects. By the end, you'll be ready to safely hold your TON and jettons. Why Do You Need a TON Wallet? A TON wallet serves as your personal gateway to TON blockchain ecosystem, helping you to participate in financial and digital activities. Here's what you can do with it: Hold and manage TON and jettons. At its core, a wallet allows you to hold and manage TON, the native cryptocurrency of the TON blockchain. But nowadays any TON wallet works both with TON and jettons, let
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Where Web3 Is BoomingWeb3 is still only emerging as a widespread instrument for the average user. Though its benefits and applications have already been appreciated in full by businesses, the latter are powerless in terms of advancing the adoption of their Web3 products if the users are either not interested or engaged in the space. This dilemma is felt most acutely in the west, where a large number of Web3 developers are based, and where they are testing and fielding their applications. But that self-imposed limitation is precisely what hinders the development of Web in that part of the world, since there is another part that is not only open to Web3, but has al