Talking about STON.fi and its potential
About the exchange — advantages and statistics
STON.fi is the top 1 DEX on $TON. It has almost zero fees, minimal slippage and a super simple interface.
According to Cryptorank’s data on top decentralized exchanges, STON.fi is ranked 9th overall and 1st among TON DEXes.
Cryptorank also names the exchange as a top 2 TON project by the number of active users per month (more than 2 times ahead of competitors).
Lots of updates lately
From trivial interface improvements to breakthrough technologies.
This month, an interface update was released. Now, on the farm pages on STON.fi, there is a card with comprehensive information.
Now, when selecting a pool for liquidity supply and subsequent farming, users will see:
— the volume of daily rewards distributed in the farm in dollars;
— the volume of daily rewards distributed in the farm in tokens;
— the remaining time until the end of farming;
— the APR of the farm;
— the volume of rewards you receive per day;
— the volume of rewards you received for the entire period of farming.
Now for the bigger changes — STON.fi SDK 2.0.
- SDK 2.0 now supports mintless tokens. This is a token that works on the latest Mintless Jetton technology. It can be distributed in any quantity between users without creating a smart contract, and therefore without commission costs. Token minting occurs after the first user operation with the token.
- SDK 2.0 now has a transaction deadline function. If a transaction remains in the queue for more than 30 minutes, the swap is canceled and the tokens are returned to users. As a result, this will reduce the load on the blockchain and save users from unexpected locks of their funds for hours or even days.
Another very interesting catch that happened literally today — STON.fi V2.
Here’s what you can do on STON.fi V2 from the very start:
1. Quickly and safely exchange tokens with minimal fees.
2. Create a liquidity pool and supply liquidity to it in one transaction. Now tokens are fully protected from “sniper” attacks — bots that search for fresh pools and send tokens there to influence the rate. The new interface in the Pools tab will make any liquidity transactions even easier and more accessible for beginners.
3. Flexible configuration of referral fees when integrating STON.fi DEX using the SDK into your product. This feature will be useful for developers and will allow them to adapt the work to different business tasks.
And 4 more features that will be added a little later:
- Support for new types of liquidity pools. For example, 80% of the first token and 20% of the second. This is a very interesting opportunity, which I will personally follow and try to earn before it becomes too popular. But it requires a large deposit.
- Super flexible settings for liquidity providers, for example, supplying liquidity with one token instead of two. And also — output of the provided liquidity in the selected token or token ratio.
- Even more combined transactions. For example, the ability to supply liquidity and start farming with one transaction instead of two will be added. Twice as fast, twice as easy and half as many fees — one payment of the blockchain fee instead of two.
- Routing. The algorithm itself will find the most effective token routes, regardless of whether the necessary liquidity pools are on the DEX. When trading on STON.fi, users will interact with all tokens available on TON.
Technologies that await us — Omniston
Omniston is a single decentralized liquidity protocol that uses market makers instead of traditional liquidity providers. The RFQ mechanism will allow traders who have created a request for a token swap to receive the best price offer from market makers — and then execute the transaction directly, without bridges or centralized services. Smart contracts ensure that no one except the participants of the transaction will have access to users’ funds.
What advantages will Omniston provide?
— True zero-trust exchanges. No one will have access to the funds of the trader and the market maker except the participants in the transaction themselves.
— Complete control over your own funds — each participant in the transaction will receive exactly as many tokens as stated in the order at the time of confirmation.
— Thanks to the RFQ mechanism, the trader will know the exact volume of tokens given and received, and will forget about slippage forever.
— And the most interesting thing in my opinion is inter-network exchanges