Revolutionizing Decentralized Exchanges on the TON Blockchain In the ever-evolving landscape of decentralized finance, STON.fi emerges as a groundbreaking player, introducing a decentralized automated market maker (AMM) on the TON blockchain. Founded in 2022, STON.fi envisions a user-friendly crypto exchange tailored for mass adoption, with a distinct focus on the Telegram audience.
>Decentralized Automated Market Maker (AMM): STON.fi operates as a decentralized AMM, functioning like a responsive robot always ready to quote prices for seamless asset swaps. It eliminates the need for trust or reliance on a central party, empowering users with a trustless and transparent trading experience.
>Liquidity Provision and Fee Earnings: Users can contribute liquidity to STON.fi’s liquidity pools, earning fees in return for the usage of their assets. This model shifts away from traditional markets and centralized exchanges, offering a decentralized alternative where users actively participate in providing liquidity.
>TON Blockchain Integration: Leveraging the TON blockchain’s advanced architecture with sharding, STON.fi facilitates millions of transactions per second, ensuring scalability and efficiency.
>User-Friendly Interface with Community Focus: STON.fi distinguishes itself as a decentralized exchange (DEX) with a human face, prioritizing community engagement and fast user support. The user interface at (app.ston.fi) offers simplicity and accessibility, inviting a broad audience into the world of decentralized trading.
Non-Custodian and Fully Decentralized: STON.fi employs smart contracts on the TON blockchain, holding funds in permission less smart contract accounts. The decentralized nature ensures that funds are held securely, and no central authority has control over the pool’s assets.
Virtually Zero Trading Fees and Low Slippage: Operating on the TON blockchain, STON.fi boasts significantly lower transaction costs compared to traditional blockchains like Bitcoin or Ethereum. As an AMM, it relies on liquidity pools and sophisticated algorithms, offering virtually zero trading fees and low to zero slippage.
Advanced Sharding and Front Running Prevention: STON.fi addresses front running concerns through advanced sharding and the asynchronous nature of the TON blockchain. The architecture ensures secure and transparent transactions, mitigating potential issues associated with unethical trading practices.
STON.fi provides a comprehensive glossary, offering clarity on terminologies commonly used throughout its documentation. Key terms include Automated Market Maker (AMM), Liquidity Provider (LP), Price Impact, Protocol Fees, and more.
STON.fi facilitates the inclusion of new tokens through a formal application, internal review, and liquidity check process. Projects aiming for inclusion need to undergo a meticulous process to meet criteria and ensure liquidity compatibility.
Conclusion:- STON.fi stands as a beacon in the decentralized exchange space, presenting a robust and user-friendly platform on the TON blockchain. Its commitment to transparency, low fees, and community engagement positions it as a significant player in the ongoing evolution of decentralized finance. As the cryptocurrency ecosystem continues to evolve, STON.fi paves the way for a decentralized future where users have control over their assets, transactions are efficient, and accessibility is paramount. With a focus on community and innovation, STON.fi shapes the narrative of decentralized exchanges in the era of blockchain technology.
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