STON.fi Blog

Arbitrage cryptocurrency trading is an important element in securing the function of decentralized exchanges (DEXes) that use automated market making (AMM) to determine the price of crypto assets. Without crypto arbitrage traders, replenishing liquidity pools and equalizing their balance, which changes after every transaction, would be rather problematic. Simply put, arbitrage traders buy cryptocurrency where it is cheaper and sell it where it is more expensive. The traders monitor the price of cryptocurrency trade pairs on various platforms (for example, on exchanges) and buy or sell an asset when they find that its price differs across p

What is generally called a shitcoin? Someone thinks that shitcoin is all the little-known cryptocurrencies, of which there are a thousand. But we don’t call something that can be profitable and convenient with such an obscene word. Some people say that a shitcoin is a scam or a cryptocurrency made for dishonest gain. But let's face it: there are coins created without malicious intent, just for fun, and some of them even made it to the top. Therefore, we will agree to call a stupid cryptocurrency – tokens without a specific purpose, without a business model on the part of the creators, tokens that appeared out of nowhere and in which no one

The Cross-chain Decentralized Exchange allows participants to use one platform to exchange tokens issued on different blockchains via the DeFi system, i.e. without third parties that could potentially change the transaction course and asset price. Hashbon Rocket or, say, O3Swap, are considered to be the first DeFi applications that used CDEX opportunities. Transactions on the CDEX are made with the involvement of oracles and arbitrageurs; the former provide the platform with confirmed data collected off-chain, and the latter are holders of a considerable number of tokens of this particular platform. Together, they guarantee the security an

An oracle is software that finds and confirms data from the outside world (off-chain) and transfers it to the smart contracts on the blockchain (on-chain). One particularly illustrative example is the transfer of information from exchanges and price aggregators to the smart contract controlling the liquidity pool. The information oracles transfer contains the prices of different cryptocurrencies represented in the liquidity pool. In a general sense, an oracle is any service that can transfer to the blockchain data it does not possess. Oracles can be centralized (i.e. managed by one organization) or decentralized (managed by a DAO): the

DeFi (Decentralized finance) is a general term denoting various financial applications based on the blockchain and cryptocurrencies that are aimed at creating an alternative financial system that works without intermediaries. When any such DeFi applications are created, equal participants of the community have access to copies of their transaction histories. Consequently, the transactions are not controlled by any centralized body, which means that they cannot be altered or falsified. In terms of functional potential, DeFi applications offer the full range of traditional financial instruments, but often provide a higher income due to th

Currently, blockchain technology is not tied solely to cryptocurrencies. It is estimated that blockchain is used in more than 50 industries, from tracking the distribution of energy resources in real time to registering land titles. Here are some examples of how blockchain is applied in completely unexpected spheres, introducing new opportunities: After the discovery of E. coli bacteria in packages of lettuce, Walmart and Sam's Club proposed the use of blockchain technology to control the freshness of products. According to their idea, a customer at a self-service checkout could scan any product and find out where it was grown/produced