STON.fi Blog

In the previous article we analyzed the most commonly used terms related to mining and trading. Time to go for all our favorite abbreviations. Dear experienced blockchain and cryptocurrency users, forgive us for some simplifications, we want to make life of less experienced colleagues easier, not confuse them even more ...

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 ...

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. ...