STON.fi Blog

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

Cryptocurrency space is filled with a large number of projects and sprawling ecosystems. Some of these systems have legal entities that are registered in their respective jurisdictions. Others exist purely as digital entities that have no centralized form of government. When decentralization becomes the centerpiece of an entity’s management, the only way to reach decisions is through consensus among its participants. This is where the concept of the DAO – the decentralized autonomous organization comes into play. What Is a DAO? At its most basic, a decentralized autonomous organization is an approach to management that revolves around t

The cryptocurrency space is known for its many avenues that allow investors to generate passive income. One of the first and most popular means of making such income is staking. Staking lies at the heart of some of the most popular blockchain networks and is an alternative to mining in terms of both network operation management and investment. In the given material we will explore the basic principles of staking and its advantages and disadvantages. What Is Staking? If staking were to be compared to anything in the real world, then it would have to take the form of a bank deposit. Much like the money deposited in a bank, the tokens o

The blockchain space is largely fragmented, composed of different blockchain networks that are often not connected in any way and operate using different protocols. This lack of connectivity and communication between networks poses a significant challenge to users willing to transfer assets between blockchains. The answer to the dilemma is the use of blockchain bridges. Blockchain bridges are a software solution that allows for interconnection between networks and facilitates the transfer of assets between them. Also known as cross-chain bridges, these solutions have many applications within blockchain space and offer a substantial incenti

Cryptocurrency space is well known for its mass of fraudulent activity. The malignant players of cryptocurrency space resort to a great number of fraudulent schemes to trick users into giving their money away. One of the most common types of fraud that cryptocurrency space is known for is called the rug pull tactic. What Is a Rug Pull Tactic? A rug pull is when the development team of a project suddenly vanishes, abandoning the project, and instantly sells off its native assets, or drains available liquidity. The name of the tactic comes from the malignant trick of pulling a rug out from someone’s feet, essentially making them lose thei

Exchange listing is the process through which a token or coin issuing project places its native asset up for trading on a platform that offers cryptocurrency trading services. Listing can be considered one of the most important stages of development for a project, since it ensures the commencement of live trading of the native asset, providing liquidity and circulation, which in turn sets in motion the law of supply and demand. In the given material, we will take the example of the TON token to explore the main reasons for token listing on exchanges, as well as the stages that a digital asset should go through before being listed. Excha