STON.fi
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STON.fi is an AMM DEX built on TON blockchain providing virtually zero fees, low slippage, an extremely easy interface, and direct integration with TON wallets.

Chat: https://t.me/stonfichat

Support: @STONfi_support_bot

Cooperation: @stonfiofficial
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๐Ÿ—ฟ #STONchronicles. Cross-chain: What We Have Achieved

In previous posts, we explained why cross-chain exchanges are necessary and why our cross-chain functionality will be especially convenient for users. Today, we will discuss what we've accomplished.

The top priority in cross-chain technology is ensuring reliability and security for users and their assets. To ensure this, it was imperative to develop and test the prototype and the initial internal versions. We are pleased to announce that we have already achieved the following:

1. Integrated the Request for Quote (RFQ) mechanism into the messaging protocol between traders and market makers (equivalent to liquidity providers in RFQ DEX). The protocol is operational, and transaction participants can now exchange offers at predetermined prices.

2. Developed and thoroughly tested HTLC (Hashed Timelock Contracts). These contracts enable us to lock in the exchange rate for the duration of the transaction, ensuring that both parties receive the exact amount of tokens they initially anticipated.

3. Successfully conducted test token exchanges between the TON and TRON networks!

Ongoing tasks include:

1. Developing an internal database to store transactions. We will explain why relying solely on the blockchain for this purpose is not advisable in upcoming episodes of #STONchronicles.

2. Launching a synchronization service between the internal database and the TON and TRON networks.

3. Establishing a notification system for bidders.

4. Preparing for high-volume transaction processing between the TON and TRON blockchains.

5. Designing the user interface.

These components, in conjunction with the already developed smart RFQ and HTLC, form the foundation of the DEX cross-chain platform. This platform will facilitate token exchanges between blockchains at fixed rates, without slippage, without the need for bridges and wrapped liquidity โœจ

Stay tuned!

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๐Ÿ—ฟ Mascot Contest: Voting

โšก๏ธ Stonfiers, we want to remind you that we recently launched a stone Mascot Contest with a prize pool of 1000 STON.

The Mascot Contest Discord channel already features many wonderful works. Come take a look and consider submitting your own! In the neighboring Mascot Vote channel, you can now vote for the mascots you like by sending any amount of GEMSTON to the provided address. All collected GEMSTON will be burned at the end of the contest.

The authors of the top three works will receive awards of 250, 150, and 100 STON, and we are also willing to offer up to 500 additional STON for particularly talented mascots, at our discretion โœจ

To learn more about the contest and voting rules, please visit this page.

Stay tuned!

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๐Ÿ—ฟ $GLINT Listing

โšก๏ธ Stonfiers! On October 5th, a $GLINT token will be listed on STONfi DEX.

Glint Coin is the first utility token from TON Diamonds, the popular NFT market. More information about the project can be found on their official website โœจ

Stay tuned and DYOR!

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๐Ÿ—ฟ Weekly Round-up

๐Ÿ›  In the special #STONchronicles section, we highlighted the goals we achieved and the tasks that will be performed in the development of the cross-chain functionality.

โšก๏ธ Next week, on October 5, $GLINT token from TON Diamonds project will be listed on STONfi DEX.

๐Ÿ‘€ The Mascot Contest continues! Now you can vote for the mascots you like by sending any amount of GEMSTON to the provided address. To learn more about the contest and voting rules, please visit this page.

๐Ÿ“Š DEX Statistics:

๐Ÿ”ฅ Weekly trading volume: 469,285 TON
๐Ÿ”ฅ TVL: 1.2 m TON
๐Ÿ”ฅ Our liquidity providers earned about 939 TON.

Stay tuned!

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๐Ÿ—ฟ $jMNT Listing

โšก๏ธ Stonfiers! Have you also noticed the increasing attention to TON Blockchain?

Mantle Network, an Ethereum-based modular blockchain ecosystem, recently added $jMNT, a wrapped version of their original token, to TON Blockchain. It is already available for trading and liquidity provision on STONfi DEX โœจ

The time when the boundaries between various blockchains will blur is approaching. We are moving closer to this day by developing a unique cross-chain functionality. Read about it in the #STONchronicles section as well as in our blog.

Stay tuned and DYOR!

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๐Ÿ—ฟ $MARGA: Now in Whitelist

โšก๏ธ Stonfiers! $MARGA token from the NFT Web3TON project has reached the necessary liquidity threshold to move from community assets to the common list. Learn more about the project and token from the detailed FAQ in their Telegram-channel.

TON-MARGA pool: app.ston.fi/swap/TON/MARGA

We remind you that any user can list their own token to trade and provide liquidity on STONfi. More information about community assets can be found here โœจ

Stay tuned and DYOR!

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๐Ÿ—ฟ $GLINT Listing

โšก๏ธ Stonfiers! $GLINT is already available for trading and liquidity provision on STONfi DEX.

Glint Coin is a utility token from TON Diamonds, the popular NFT marketplace. More information about the project can be found on their official website โœจ

TON-GLINT pool: app.ston.fi/swap/TON/GLINT

Stay tuned and DYOR!

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๐Ÿ—ฟ Mascot Contest: NFT for Voting

โšก๏ธ Stonfiers! Only 2 weeks remain to participate in the Mascot Contest with a prize pool of 1,000 STON.

Weโ€™re not only supporting participants but also rewarding voters! Among those who send GEMSTON to their favorite mascotโ€™s address, 20 NFTs from the STON.fi [anti]glitch_2 collection and 4 NFTs from STON.fi [anti]glitch_1 collection will be distributed โœจ

โš ๏ธ We remind you that all collected GEMSTON will be burned at the end of the contest.

You can showcase your work in the Mascot Contest channel and show support for your preferred author in the Mascot Vote channel. For detailed rules, check out this article.

Stay tuned!

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๐Ÿ—ฟ Weekly Round-up

๐Ÿ‘€ Only 2 weeks remain to participate in the Mascot Contest. Among those who send GEMSTON to their favorite mascotโ€™s address, 20 NFTs from the second collection and 4 NFTs from the first collection will be distributed.

โœจ $MARGA token has reached the necessary liquidity threshold to move from community assets to the common list.

โšก๏ธ $jMNT and $GLINT are are now listed on STONfi DEX and are available for trading and liquidity provision.

๐Ÿ“Š DEX Statistics:

๐Ÿ”ฅ Weekly trading volume: 422,996 TON
๐Ÿ”ฅ TVL: 1.3M TON
๐Ÿ”ฅ Our liquidity providers earned about 846 TON.

Stay tuned!

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๐Ÿ—ฟ $PET Listing

โšก๏ธ Stonfiers! On October 20th, a $PET token by Tongochi will reach the necessary liquidity threshold and become available for trading and liquidity provision in the token main list on STONfi DEX.

Learn more about the token creators, on Tongochi official website.

โš ๏ธ Now $PET is available in the community assets list with liquidity provided by users.

Stay tuned and DYOR.

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๐Ÿ—ฟ #STONchronicles: How We Integrate the Database into the Cross-chain DEX

In the previous article, we explained what steps we have already taken to create the cross-chain feature. Now we are developing an internal database for operations storing. So why did we choose this approach instead of using blockchain?

Financial performance. Sending messages between traders and market makers will be off-chain according to the Request For Quote (RFQ) protocol, which means that no fees will be required from blockchain. The assets rate is constantly changing, and effective trading requires up-to-date transaction information.

Operating speed. Trading will occur between different blockchains, and they usually have different block time (in TON Blockchain, for example, a new block appears every 5 seconds). An internal database will allow instant messaging regardless of the computing power of both blockchains.

Security. The database will contain only messages with requests for exchange โ€” this is how the RFQ protocol works. Assets will be moved exclusively within blockchains, which guarantees the complete safety of our usersโ€™ funds.

Security, transaction speed and cost-effectiveness of trade โ€” these are our top priorities in developing our unique cross-chain functionality โœจ

Stay tuned!

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๐Ÿ—ฟ Stonbassadors: Ambassador Program from STON.fi

โšก๏ธ Stonfiers! Do you want to participate more in the life of the project and, most importantly, receive awards for it?

We invite you to become an Ambassador of STONfi DEX โœจ Introduce us on social media, educate new users, help improve products, and promote them. Choose your role and create what you like! More examples are available on the Stonbassadors page.

We allocate up to 10,000 STON and several exclusive NFTs per month, which will be distributed among Stonbassadors participants depending on the quality, quantity, and complexity of the work. STONfi community members will also vote for the works they like. โœจ

โš ๏ธ To participate in Stonbassadors, you are not required to apply or approve your work. Just send us the finished result through a special form on the Stonbassadors page (โ€œSubmit Contributionโ€ button).

Stay tuned and join us!

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๐Ÿ—ฟ Weekly Round-up

๐Ÿ›  In the special #STONchronicles section, we talked about why we are integrating the database into cross-chain DEX and what new opportunities it will provide us with.

๐Ÿ‘€ We invite you to join the Stonbassadors ambassador program! Every month, we allocate up to 10,000 STON and several exclusive NFTs to everyone who actively participates in the life of the project, helps us promote and develop new features. More info can be found on the Stonbassadors page.

โšก๏ธ The $PET token will reach the required liquidity volume and become available for trading on the STONfi main list on October 20.

๐Ÿ“Š DEX Statistics:

๐Ÿ”ฅ Weekly trading volume: 299,498 TON
๐Ÿ”ฅ TVL: 1.3M TON
๐Ÿ”ฅ Our liquidity providers earned about 599 TON

Stay tuned!

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๐Ÿ—ฟ STON.fi Update: Maximum Security

โšก๏ธ Stonfiers! We have updated the exchange interface to make interaction with DEX more secure and profitable.

Now by default you cannot make an exchange with price impact above 5%. You can customize the price impact limit in the settings of the โ€˜Swapโ€™ tab. This will maximally protect the funds of our users and increase the financial efficiency of each operation.

At the request of our users, we added a search bar for liquidity pools, as well as the ability to sort them by TVL, trading volume and APY โœจ

Stay tuned.

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๐Ÿ—ฟ Navigation

DEX: app.ston.fi

Cross-chain DEX Development Status: #STONchronicles

Educational Materials: https://blog.ston.fi

DEX Guide: https://l.ston.fi/jTe3LU

Whitepaper, roadmap, tokenomics: https://static.ston.fi/whitepaper.pdf

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๐Ÿ—ฟ $PET Listing

โšก๏ธ Stonfiers! The $PET token from Tongochi has reached the necessary liquidity threshold and is now available for trading and liquidity provision in the main token list on STONfi DEX.

TON-PET Pool: app.ston.fi/swap/TON/PET

Two days ago, we held an AMA session with Tongochiโ€™s founder and shared 10,000 $PET with each author of the three most interesting questions โœจ

Here are some of the most interesting points from the interview:

๐Ÿ”ˆ Before Tongochi, Ilya was involved in creating a foreign language school and a stock market analytics service. Now his main goal is to create a unique GameFi product that stands out from others with constant development and attention to the community.

๐Ÿ”ˆ Tongochi attracts many new players. To make them even more interested, the team is preparing a number of significant gameplay updates: PvP tournaments, gang wars will be added. Users can also expect a training program for full immersion in the TON ecosystem.

๐Ÿ”ˆ Tongochi does not plan to release a separate mobile application for convenience and security reasons. According to Ilya, Telegram resources are ideal for such projects.

๐Ÿ”ˆ Ilya is proud of his collaboration with STONfi: like Tongochi, STONfi is a constantly developing innovative project.

The record is available in the Russian language in the STON.fi Ru Telegram channel.

Stay tuned and DYOR!

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๐Ÿ—ฟ STON.fi Update: Maximum Convenience

โšก๏ธ Stonfiers! We continue to improve the interface and expand the features, so that interacting with our DEX becomes even more enjoyable.

This time we added the Favorites tab on the trading pair selection screen. Mark the tokens that you trade most often, and they will always be at your fingertips.

We also added the ability to log in through TON Space โ€” a popular @wallet in Telegram, providing access to the features of TON and other popular blockchains โœจ

Stay tuned!

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๐Ÿ—ฟ Mascot Contest: The Final Day

โšก๏ธ Stonfiers! Today is the last day to submit your stone mascots to the Mascot Contest channel.

โš ๏ธ You can vote for your favorite entries until October 24th. To do so, go to the Mascot Vote channel and send any amount of GEMSTON to the wallet address of the chosen character. All collected GEMSTON will be counted and then burned.

Good luck!

Stay tuned.

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๐Ÿ—ฟ Weekly Round-Up

๐Ÿ›  We continue to improve the interface and functionality of STONfi DEX. This week we added several new features:

โ€” Customizable limits for high price impact swaps.
โ€” Search bar and token sorting feature.
โ€” Favorites tab for a quick access to the tokens you trade the most.
โ€” Authorization via TON Space โ€” the @wallet inside Telegram.

๐Ÿ”ˆ $PET token in now on the main token list of STONfi DEX. Additionally, we conducted an interesting AMA session with the founder of the Tongochi project. Check out the results by following this link.

โšก๏ธ The mascot contest is coming to an end! Vote for your favorite mascots until October 24th in the Mascot Vote channel on Discord.

๐Ÿ“Š DEX Statistics:

๐Ÿ”ฅ Weekly trading volume: 401,691 TON
๐Ÿ”ฅ TVL: 1.3M TON
๐Ÿ”ฅ Our liquidity providers earned about 803 TON

Stay tuned!

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๐Ÿ—ฟ 7,500 STON for tsTON Farming

โšก๏ธ Stonfiers! A tsTON token from Tonstakers project is now available for farming.

Tonstakers is an innovative liquid staking protocol on TON Blockchain โœจ

Over the next month, 7,500 STON will be distributed in the TON-tsTON farm. To receive rewards, stake LP-tokens in the โ€˜Farmโ€™ tab. The higher your share in the farming pool, the greater your share of the prize!

โš ๏ธ Please note that LP-tokens are automatically issued upon providing liquidity. When farming, your LP-tokens are locked in a smart contract for 14 days. Our guide provides detailed instructions on farming on STONfi.

Stay tuned!

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