Now, the STON.fi platform is transforming the DeFi landscape precisely by overcoming not-so-critical interoperability issues but by making things more secure as well as reducing risks and costs in transactions. Asset transfers among different blockchains are now hard hit by many challenges: there was a risk of the fund loss owing to crowdsourcing custodians; delays; some security issues; and complex user scenarios.
Lets delve into the STON.fi DEX platform and the usage of our STON.fi clone script.
STON.fi Clone Script is a pre-made software solution to get the TON DeFi platform like STON.fi. Our STON.fi clone script offers a secure DeFi platform based on TON blockchain to cater the needs to your business aspects.
We also make it possible for the AMM(automate market maker) to integrate with popular decentralized exchanges such as STON.fi, to allow access to the widest pool of liquidity and trading activities available.
Open-up deep liquidity and great swap rates for your TON-based projects. As a STON.fi clone script provider, we provide a decentralized liquidity aggregation protocol that will connect your DEFi app to many liquidity sources through a single integration.
STON.fi is a decentralized automated market maker building up on the TON blockchain, which offers to charge virtually zero fees, low slippage, super easy interface, and direct integration with TON wallets. STON.fi provides a decentralized cross-blockchain platform that lets users carry out trade effortlessly and gain yield on their crypto assets on trading platforms without bridging or wrapping.
Protocol Zero Trust
Trust assumptions cannot be made about assets, blockchains, and other participants in the protocol by a participant about other participants.
Truly decentralized, DAO governance
STON.fi clone will operate under a DAO governance model which will ensure that the community makes critical decisions and enables stakeholder participation in shaping future developments in the protocol.
Becomes user-inclusive
As an institution serving all classes from novice to advanced adopters, democratization of financial services would be our mission.
Developer-friendly, open-source, as appropriate
Through SDK and open-source code, do we help our developers easily integrate our platform with their products and services?
Reputable-project priority
We do work with reputable projects, keeping the financial risks that our novice users are least exposed to, though decentralized for and open for everyone, including those who list their tokens.
Ecosystem influenced
We are developing the growth of the TON blockchain ecosystem as well as in the DeFi landscape in general. We will be mindful of this impact when building our decentralized platform development services.
An average user flow for the STON.fi clone is as follows, which pretty much applies to any DEX:
1. Connecting wallets
Two wallets are connected by the user to access balances and allow transactions. Unlike the ordinary DEX that only requires a single connection,
STOn-Fi clone demands two wallet connections for cross-chain swaps.
2.Select trading pair
The user selects a trading pair corresponding to Token A against Token B for a swap. The two tokens could be on separate blockchains.
3. Enter desired quantity
The amount of Token A to be exchanged with Token B, or vice versa, is entered by the user. The protocol installed on STON.fi calculates the exchange rate and gives the output amount that the user would receive in Token B.
4. Check and Confirm Transaction
The user examines the transaction information, like the exchange rate, fees, and the estimated Token-B amount to be received. If the conditions are acceptable, the user confirms the transaction using a wallet, meaning that it won't be necessary to have a native token in the wallet for paying gas. However, this will be possible only when the necessary infrastructure like wallets will support it.
5. Transaction processing
It processes the transaction through the routing mechanism of the STON.fi clone.
6. Transaction confirmation
The user gets a notification of the completion of the transaction and can see updated token balances in his/her connected wallet.
Decentralized Exchange: STON.fi DEX clone enables a user to trade tokens through the low fees and slippage advantages available in an AMM model.
Features of DEX: Low Fees and Liquidity Pools
Liquidity Providing and Farming
Users are rewarded by adding unique liquidity and acquiring LP tokens, which will act as a shareholding payback from the pool in the use of STON.fi clone script.
Staking
We offer staking opportunities, allowing users to lock up STON tokens to earn passive rewards in our STON.fi clone script.
Token Swap
The main function in our STON.fi clone deals with token swap, allowing users to trade using TON-based tokens.
Farming And Staking
Farming is simply putting up LP tokens to be able to get more returns, and of course staking would directly give passive income and governance.
Here we have some of the innovations in DeFi that are brought to users via STON.fi clone script:
1.Cross-chain interoperability eliminates the need for intermediaries using RFQ(Request for Quote)-based protocols and heightens security and speed through HTLC( Hashed Timelock Contracts )-based transactions.
2.Gasless Transactions is possible because STON.fi deducts fees from the swapped tokens, requiring no hold of native tokens just to pay gas fees.
3.Our STON.fi's clone with Telegram integration allows users to manage and trade assets from their own app, thus facilitating cross-chain trading.
4.Generally the TON blockchain has very little transaction fees. This renders the trading at STON-fi clone quite appealing and cheaper.
5.Liquidity pools and advanced algorithms by our STON.fi clone script give little or no slippage, assisting better trading results to users.
STON.fi clone makes available an open source SDK for developers to incorporate cross-chain trading into their own projects. This fosters innovation and collaboration within the DeFi ecosystem.
Plurance is a Decentralized exchange platform development company, creates an advanced decentralized exchange AMM like STON.fi with our skilled experts, allows your clients to trade confidently while maintaining privacy, security, and complete control.You can use our unparalleled distributed ledger technology experience to build scalable DEXs with modular architecture.Using TON blockchain , we deliver the secure and safer DEX exchange for your business venture.
Let's talk about your ideas. All information is kept absolutely confidential.