This documentation describes the design of the system, provides an explanation of the core concepts, and documents the technical details to enable integration with the protocol.
What is an Automated Market Maker (AMM)?
You could think of an Automated Market Maker (AMM) as a robot always willing to quote you a price so that you can swap from one asset to another.
You can swap without trust or reliance upon a central party.
Anyone can provide liquidity to a liquidity pool, earning fees in exchange for usage of these assets.
This is a shift from conventional markets and centralized exchanges, which typically offer a central limit order book mechanism of exchange.
As a result, AMMs are a fundamental and critical part of any broader Decentralized Finance (DeFi) ecosystem.
STON.fi was founded in 2022. It aims at building a user-friendly crypto exchange for mass-adoption through access to Telegram audience. Putting a high premium on the Community, STON.fi represents a DEX with a human face, providing users with fast support and taking into account their opinions.
An architecture of TON blockchain with sharding allows STON.fi DEX users conduct millions of transactions per second.