Omniston Protocol

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[1] | Out of Beta

The Omniston liquidity aggregation protocol by STONfi has now moved past its beta phase. The previous swap limit of under $1000 has been lifted, allowing for swaps of any size through the system.

[2] | A Primary Tool on TON

This protocol has served as a main swap tool on the $TON blockchain for a considerable time. Its advantage over classic swaps comes from two main features: providing the best available rate and ensuring zero slippage for the user.

[3] | The Quote Process

The process begins when a user selects a trading pair. The protocol then sends a Request-For-Quote to all the solvers operating on the blockchain. These solvers send back their quotes in response.

[4] | Securing the Best Rate

Omniston evaluates all the returned quotes to select the one offering the best final price for the swap. This chosen quote is then presented to the user, and the price is locked in for a short period.

[5] | The Role of HTLC

This price lock is secured by a Hashed-Timelock Contract (HTLC). This mechanism guarantees that if the quote changes even by a tiny fraction of a percent, the swap will be canceled, protecting the user from receiving a worse rate.

[6] | The Final Outcome

Through this straightforward process, users on the $TON blockchain achieve an optimal swap result, benefiting from both the best found rate and the security of zero slippage.