STON.fi Blog

Over the past few weeks, we have been working diligently on a number of improvements aimed at optimizing DEX performance by strengthening its internal structure. We are proud to announce that The Great Fix™ is complete, and you can now witness an improved version of DEX. The Great Fix™ includes: Users now always see the correct token value in dollar equivalent. We have improved the complex algorithm on the backend, and it is now capable of accurately determining asset values even under high blockchain or DEX loads. From time to time, we restart DEX to add a new feature or perform technical maintenance. As part of The Great Fix™, we

⚡️ Stonfiers! At The Gateway conference, we announced the Omniston protocol, which will solve the problem of liquidity shortage by combining TON liquidity within TON Space. It’s time to tell you more about the future protocol. What is Omniston? Omniston is a decentralized liquidity protocol that uses market makers instead of traditional liquidity providers. The RFQ mechanism will allow traders who have created a swap request to get the best price request among market makers’ offers — and then make a deal directly, without bridges or centralized services. Our smart contracts guarantee that only the transaction participants will have acce

In the previous article, we explained what steps we have already taken to create the cross-chain feature. Now we are developing an internal database for operations storing. So why did we choose this approach instead of using blockchain? Financial performance. Sending messages between traders and market makers will be off-chain according to the Request For Quote (RFQ) protocol, which means that no fees will be required from blockchain. The assets rate is constantly changing, and effective trading requires up-to-date transaction information. Operating speed. Trading will occur between different blockchains, and they usually have different

In previous posts, we explained why cross-chain exchanges are necessary and why our cross-chain functionality will be especially convenient for users. Today, we will discuss what we've accomplished. The top priority in cross-chain technology is ensuring reliability and security for users and their assets. To ensure this, it was imperative to develop and test the prototype and the initial internal versions. We are pleased to announce that we have already achieved the following: Integrated the Request for Quote (RFQ) mechanism into the messaging protocol between traders and market makers (equivalent to liquidity providers in RFQ DEX). Th

As you are already aware, we are in the process of developing a unique cross-chain exchange functionality. It's time to discuss the advantages that our new technology will bring to users: Simplicity and convenience. No registration, identity verification, or token deposits will be required to utilize the cross-chain feature on STON.fi. You will only need wallets on two networks. Don't waste time and nerves! Security and no additional fees. When using bridges, users usually have to pay high fees and are at risk of hacker attacks. STON.fi essentially eliminates the need for bridges and offers direct exchanges of native tokens without wra

You have assets on one blockchain, and you want to transfer them to another blockchain. Blockchains are not connected, so tokens cannot be exchanged directly. CEXes, crypto exchanges, and bridges are normally used to solve this problem. However, none of the methods above is ideal for everyone. The verification procedure and difficulties of sending and withdrawing assets on a CEX take too much time, and it is far from safe to keep your personal data and funds with a third party. Crypto exchanges can be useful because of their varied requirements, but finding the right service that can be trusted and that works with the blockchains you need