Behind every swap on STONfi stands not just code but also real participants, namely the market makers. They are the ones who supply liquidity to the pools and submit quotes for cross chain swaps. Without them the platform could not operate at such speed or offer such rates.

A market maker is a professional market participant who holds tokens across different networks. When a user wants to swap USDT on TON for USDT on Ethereum, the market maker acts as the counterparty to the trade. They set a rate at which they are willing to execute the swap, and if the conditions suit the protocol, the deal goes ahead.

What is in it for them. Market makers earn the spread, meaning the gap between the buy and sell rate. That is their income stream. The more swaps flow through STONfi, the more those providing liquidity stand to earn. On top of that the platform itself offers extra incentives through GEMSTON rewards for participating in pools.

Omniston interacts with market makers via RFQ, or request for quotes. The protocol sends out a request to several participants at once, they respond with their rates and the best one gets selected. Competition among market makers works to the user's advantage. The more of them there are, the tighter the rate and the lower the slippage.

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