Gm stonfiers!

As we know, STON.fi aims to simplify cross-chain swaps by focusing on user convenience and completing transactions without requiring complex tools!

Let’s know more⬇️

1/ 🚀 STON.fi is a decentralized exchange (DEX) on The Open Network (TON) blockchain, originally developed by the founders of Telegram, a popular messaging app with over 900 million users.

2/ STON.fi boasts a total value locked (TVL) of over $200 million and has facilitated more than $600 million in trading volume. It's designed for seamless integration with TON wallets like Tonkeeper and TON Space, enabling trading of any TON-based token.

3/ The DEX uses a liquidity pool model to ensure minimal price impact and slippage. These pools are made up of assets locked into smart contracts by multiple users, allowing for instant transactions without needing traditional buyer-seller markets.

4/ STON.fi offers advanced functionalities such as farming and staking. Farming rewards users for providing liquidity, while staking allows users to earn by locking their assets to support network operations.

5/ STON.fi addresses cross-chain swap challenges by eliminating the need for wrapped tokens and bridges. This makes asset transfers between different blockchains more straightforward and secure.

6/ The platform uses a request for quote (RFQ) system and hashed timelock contracts (HTLC) for cross-chain transactions. RFQs allow traders to get pricing and terms from professional market makers, while HTLCs ensure that transactions either complete successfully or are fully refunded.

7/ STON.fi has listed TON-based Tether (USDT) and launched NOT, the token for the Web3 game Notcoin, which has over 35 million players. These moves are part of their strategy to enhance the platform’s offerings.

8/ The platform secured investments in a funding round led by CoinFund, with contributions from Delphi Ventures, Karatage, and TON Ventures, along with notable individuals like LI.FI CEO Philipp Zentner and 1inch co-founders Sergej Kunz and Anton Bukov.

9/ CEO Slavik Baranov emphasizes that STON.fi aims to make DeFi as easy and fair to use as Telegram. Their goal is to allow secure token swaps between networks without relying on third parties.

10/ As more platforms like STON.fi enable secure, straightforward asset trading across different networks, the decentralized finance (DeFi) space will become more inclusive and efficient, bringing greater value and accessibility to users.