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Where can I use HTLC and RFQ technology?
Since the rise of neural networks and the convenience of using CEX, users have begun to forget about the potential and opportunities that exist in DeFi, thanks to the freedom and ability to participate in transactions without third parties.
On the TON blockchain, the STON fi team is planning to implement cross-chain transactions. The cross-chain swap technology can be integrated or used directly via STON fi.
At present, the main application of RFQ lies in the OMNISTON technology, which ensures the best exchange rate.
This technology sends a request to all DEX exchanges included in the OMNISTON system, and then, in a simple and user-friendly interface, the exchange rate is displayed to the user. More often than not, the exchange rate can be better than with a regular swap via STON fi , as it draws liquidity from three major sources on the TON blockchain.
Incidentally, RFQ incorporates off-chain elements. Thanks to this, the user’s funds never leave the TON blockchain.
A key advantage of using RFQ and HTLC is the lack of any need to use a bridge or face another complex step for a DeFi newcomer.
It is often these additional requirements and inconvenient interfaces that put users off, but STON fi has created an interface that is intuitive for every user on the blockchain.
The interface offered by many DEX exchanges can now already compete with CEX.