STON.fi Blog

Ever since blockchain technology started attracting investments and proved to be an instrument for increasing capital, various types of research and development initiatives were launched to experiment with it. The result was the spawning of a large number of different blockchains with their own consensus algorithms, operating protocols, and applications. Variety is a boon, and users were thrilled to have a wide choice of applications and networks. However, such diversity led to the fragmentation of network space, essentially turning every blockchain into an island nation. This meant that blockchains could not interact or share digital asse

⚡️ 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

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

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