STON.fi Blog

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