STON.fi: The best AMM DEX for the TON blockchain with virtually zero fees and low slippage:
If you are looking for a fast, secure, and cost-effective way to swap Toncoin and any other coin or token, you should check out STON.fi, the best AMM DEX for the TON blockchain. STON.fi is a decentralized and automated platform that leverages the advantages of the TON blockchain, such as virtually zero fees, low slippage, high throughput, and cross-chain compatibility. In this article, we will explain how STON.fi works and why it is superior to other AMM DEXes in the market.
What is an AMM DEX?
An AMM DEX (Automated Market Maker Decentralized Exchange) is a type of decentralized exchange that uses smart contracts to create liquidity pools and facilitate trading without intermediaries. Unlike traditional order book exchanges, where buyers and sellers place orders and match them with each other, AMM DEXes allow users to swap tokens directly with the liquidity pools, which are composed of pairs of tokens.
The main benefits of using an AMM DEX are:
- Permissionless: Anyone can create a liquidity pool or trade on an AMM DEX without any registration or verification.
- Censorship-resistant: No one can censor or manipulate the transactions on an AMM DEX, as they are executed by smart contracts on a decentralized network.
- Non-custodial: Users have full control over their funds and do not need to trust any third party to hold or transfer their tokens.
However, AMM DEXes also have some drawbacks, such as:
- Impermanent loss: Liquidity providers may suffer from impermanent loss, which is the difference between holding tokens in a liquidity pool and holding them in a wallet. Impermanent loss occurs when the price ratio of the tokens in the pool changes due to market movements.
- Price impact: Large trades may cause significant price impact, which is the difference between the market price and the effective price after the trade. Price impact occurs when the trade size is too large compared to the pool size, resulting in a change in the price ratio of the tokens in the pool.
- Gas fees: Users have to pay gas fees to execute transactions on an AMM DEX, which are determined by the network congestion and the complexity of the smart contract. Gas fees can be very high and unpredictable, especially on popular blockchains like Ethereum.
How does STON.fi solve these problems?
STON.fi is an AMM DEX that is built on the TON blockchain, which is a scalable, secure, and fast network that supports smart contracts and decentralized applications. The TON blockchain has several features that make it ideal for DeFi applications, such as:
- Virtually zero fees: The TON blockchain has a unique dynamic sharding mechanism that allows it to process millions of transactions per second with minimal fees. Users can swap tokens on STON.fi with virtually zero fees, which makes it more affordable and accessible than other AMM DEXes.
- Low slippage: The TON blockchain has a native cross-chain bridge that enables interoperability with other blockchains. Users can swap tokens across different blockchains on STON.fi with low slippage, which makes it more efficient and competitive than other AMM DEXes.
- High throughput: The TON blockchain has a high-performance consensus algorithm that enables fast confirmation times and finality. Users can swap tokens on STON.fi with high throughput, which makes it more responsive and reliable than other AMM DEXes.
STON.fi also has some additional features that make it stand out from other AMM DEXes, such as:
- Staking: Users can stake the STON tokens to earn rewards and incentives from the platform’s revenue. Staking also gives users voting rights to participate in the DAO governance of STON.fi.
- Farming: Users can farm new tokens by providing liquidity to selected pools on STON.fi. Farming also gives users exposure to new projects and opportunities in the TON DeFi ecosystem.
- Margin trading: Users can trade with leverage by borrowing funds from lenders on STON.fi. Margin trading also gives users access to more capital and higher returns.
- Limit order book: Users can place limit orders to buy or sell tokens at a specific price on STON.fi. Limit order book also gives users more control and flexibility over their trades.
- Stableswap routing: Users can swap stablecoins with minimal price impact and maximum capital efficiency on STON.fi. Stableswap routing also gives users more stability and convenience in their transactions.
How to use STON.fi?
Using STON.fi is very simple and easy. All you need is a compatible wallet that supports Toncoin and other tokens, such as [TON Surf] or [TON Crystal Wallet]. You can connect your wallet to STON.fi by scanning a QR code or entering a seed phrase. Once you are connected, you can start swapping, staking, farming, margin trading, or placing limit orders on STON.fi.
To swap tokens on STON.fi, you just need to select the tokens you want to swap, enter the amount you want to swap, and confirm the transaction. You will see the exchange rate, the price impact, and the minimum received amount before you confirm the transaction. You can also adjust the slippage tolerance and the deadline for your transaction.
To stake tokens on STON.fi, you just need to select the STON token, enter the amount you want to stake, and confirm the transaction. You will see the annual percentage yield (APY), the reward rate, and the lockup period before you confirm the transaction. You can also unstake your tokens at any time.
To farm tokens on STON.fi, you just need to select the pool you want to join, enter the amount of tokens you want to provide, and confirm the transaction. You will see the APY, the reward rate, and the pool share before you confirm the transaction. You can also withdraw your tokens and rewards at any time.
To trade with margin on STON.fi, you just need to select the pair you want to trade, enter the amount of funds you want to borrow, and confirm the transaction. You will see the leverage ratio, the interest rate, and the liquidation price before you confirm the transaction. You can also repay your loan and close your position at any time.
To place limit orders on STON.fi, you just need to select the pair you want to trade, enter the amount and price of tokens you want to buy or sell, and confirm the transaction. You will see the order book, the depth chart, and the order history before you confirm the transaction. You can also cancel your order at any time.
Why choose STON.fi?
STON.fi is not just a simple AMM DEX, but a comprehensive DeFi platform that offers a variety of features and services for users who want to swap Toncoin and any other coin or token at the best rate. STON.fi is powered by the TON blockchain, which is a scalable, secure, and fast network that supports smart contracts and decentralized applications. STON.fi leverages the advantages of the TON blockchain, such as virtually zero fees, low slippage, high throughput, and cross-chain compatibility.
STON.fi is also governed by its own DAO, where STON token holders can participate in decision making and benefit from the platform's revenue. STON.fi is integrated with Telegram bot to provide cross-chain swaps to millions of users. STON.fi is a future-proof AMM DEX with features like gasless swaps, margin trading, and limit order book.
If you are looking for a fast, secure, and cost-effective way to swap Toncoin and any other coin or token, you should choose STON.fi, the best AMM DEX for the TON blockchain with virtually zero fees and low slippage.
To learn more about STON.fi and TON DeFi, please visit our [website], join our [Telegram group], follow us on [Twitter], or read our [whitepaper].
We hope to see you soon on STON.fi!
: https://ton.surf/
: https://tonwallet.me/
: https://ston.fi/
: https://t.me/STONfiOfficial
: https://twitter.com/STONfi
: https://ston.fi/whitepaper.pdf