Omniston: A Breakthrough in the World of Trading
The Omniston protocol, recently introduced by STON.fi, promises to revolutionize blockchain trading by bringing together the best offerings from various DEXs and resolvers. This innovation will provide users with new opportunities and enhance the security of transactions.
What is Omniston?
Omniston is a unified decentralized liquidity protocol designed to simplify and improve the blockchain trading process. This protocol aggregates liquidity from multiple decentralized exchanges (DEXs) and resolvers, allowing traders to get the best price offers on a single platform. There’s no more need to search for the right aggregators or liquidity pools — Omniston does all the work for you. It sounds super exciting, and I’m looking forward to seeing how it will be implemented!
Connecting to Omniston (for developers, testers, and resolvers only)
RFQ Mechanism: How Does Omniston Guarantee the Best Prices?
At the heart of Omniston is the RFQ (Request for Quote) mechanism. It allows traders to get the best price for each trade without extra fees, as finding the best deal doesn’t require any additional costs. This mechanism enables users to instantly find the most favorable offers without the involvement of third parties.
Why is Omniston Safe?
Omniston is built on a hybrid system that combines on-chain and off-chain components. One of the key features of the protocol is that users’ funds never leave the blockchain. Smart contracts ensure the absolute security of assets, eliminating the possibility of third-party access. Thanks to this approach, Omniston combines blockchain security with high functionality.
Cross-chain Future
One of Omniston’s key features is its ability to support cross-chain interactions. Soon, the protocol will allow traders to work with liquidity not only within the TON network but also across different blockchains, with TRON being the first one. This simplifies asset exchanges between networks and opens new horizons for DeFi and STON.fi in particular.
What Does This Mean for Traders?
For TON Space users, the Omniston protocol will be a real breakthrough. It will allow traders to access all liquidity sources on the blockchain, while projects can reach millions of TON users. Omniston removes token trading restrictions, making trading simpler and more efficient. Moreover, all transaction information is available on the blockchain, ensuring complete transparency and fairness.
Omniston is a step towards a new level of blockchain trading, combining security, speed, and accessibility.
— Learn more about the Omniston Protocol
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