NomberFax pfp
NomberFax
@nomberfax
📘 As you've probably heard by now, friends, @Ston_fi is getting ready to launch tools to solve the problem of cross-chain swaps! ⊸ In order to minimize price impact and slippage, STON.fi uses a liquid pool model that allows instant trading without a traditional buy/sell market. The platform also offers advanced features such as farming and steaking, allowing users to be rewarded for providing liquidity or blockchain assets to support network transactions. ⊸ STON.fi eliminates the need to use wrapped tokens and bridges for cross-chain transactions by utilizing a Request for Quotation (RFQ) process combined with Hashable Time Locked Contracts (HTLC), enabling efficient and secure exchange between networks. The initiative aims to improve accessibility and fairness in decentralized finance (DeFi). 📰 I recommend reading the full article: https://cointelegraph.com/news/ton-based-dex-aims-to-simplify-cross-chain-swaps-by-removing-bridging-and-wrapping
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My_Crypto pfp
My_Crypto
@welon
Nice work
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senko pfp
senko
@senk0
🔥 🔥
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