Moving beyond bridges with STONfi



✧ - - - - - - - - - - - ✧

[1] The problem with traditional bridges Moving assets between blockchains usually involves bridges that use wrapped tokens, which can add risk and complexity. On the $TON network, STONfi is developing a better way to handle these operations. By focusing on bridge-less swaps, the protocol aims to provide a more secure method for users to exchange assets across different networks without losing the native properties of their tokens.

[2] Successful tests with TRC-20 The development team has already completed a test swap between $TON and a TRC-20 network using the Omniston protocol. This wasn't just a simple transfer; it utilized the full range of features including the Request-For-Quote system and HTLC for security. These tests show that direct cross-chain activity is possible and can be performed with the same level of safety as local swaps on the DEX.

[3] A more connected ecosystem This technology will eventually allow for the native exchange of assets between $TON and various EVM-compatible networks. By creating a direct path for liquidity to flow, STONfi is helping to break down the walls between different blockchains. This focus on native execution and zero slippage will make it much easier for people to explore different networks while keeping their assets secure.
TON0.58%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin