The STON.fi project operates as a decentralized automated market maker (AMM) built on the TON blockchain, using a Request for Quote (RFQ) model and Hash Time Locked Contracts (HTLC) for secure cross-chain swaps. It allows users to trade tokens across different blockchains without the need for bridging or wrapping, providing virtually zero fees and low slippage. The STON.fi finance platform processes transactions through its routing mechanism, ensuring efficient and secure exchanges.
Is STON.fi a secure platform?
The STON.fi tool prioritizes security by implementing robust measures to protect user funds and data, including smart contract audits by reputable third-party firms. The platform operates on a fully decentralized and non-custodial model, meaning users maintain control of their assets at all times. The STON.fi project's use of the TON blockchain's advanced sharding and asynchronous nature helps mitigate issues like front-running, further enhancing security.
How to use STON.fi?
To use STON.fi, users first need to connect their TON wallets to the platform's web app. They can then select the desired trading pair, enter the amount they wish to swap, and confirm the transaction details. The STON.fi app offers a user-friendly interface with comprehensive documentation and tutorials to assist users throughout the process and see all transaction's details.
What services does STON.fi offer?
The STON.fi tool primarily offers token swaps, allowing users to exchange any supported cryptocurrency pairs with low fees and slippage. The platform also provides liquidity services, enabling users to add liquidity to pools and earn fees with attractive APR rates. Additionally, the STON.fi services include staking options for its native $STON token, allowing users to earn additional profits and potentially receive airdrops.
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