To this day, most people still regard the cryptocurrency circle as an alternative casino. What Brother Yi wants to say is that without sufficient understanding of the market, the wealth you gain in this circle is only temporary. It is impossible for people to retain wealth beyond their own cognition.
So today I will introduce to you an important technical function currently involved in our transactions, which is the new spot trading function based on intent infrastructure launched by DappOS intent layer - intentEX
Many friends may not know what this is at first, so today I will explain it to you in plain language so that you can understand it more easily.
First of all, the core of the DappOS intent layer is composed of three major functions: operation, assets, and transactions. The previously launched intentOS and intentasset have completed the operation intention and asset intention, and the transaction intention of intentEX is the third piece of the puzzle to complete the DappOS intent layer.
You may not understand this, so let me explain. Currently, most on-chain transactions are subject to the liquidity restrictions of exchanges. For example, if you want to place a buy order for X token on YiChain, you can only get sell orders from YiChain, but not from Binance. As a result, the transaction speed is too slow, the premium is too high, and the handling fee is relatively high.
The intentEX launched by DappOS can easily help users solve this problem. InteneEX can absorb X tokens from the service nodes of all exchanges and adopt certain system constraints to allow users to place as many orders as possible and execute them faster.
The first is internal transactions, which is the same as exchanges. The second is exclusive node transactions. For example, if you want to buy 300 Xs at a unit price of $10, and the best node accepts your order with a minimum transaction requirement of 250, there are currently only 100 $10 sell orders on the internal chain, and 150 orders are left unfilled. In this case, the service node will buy these sell orders at a premium and then fill them for you. Otherwise, the order will be liquidated, and the node will not only not have service fees but will even suffer losses, and its service ranking will also fall behind. In the future, orders will be given priority to nodes that can complete them. The remaining 50 X token buy orders will also be filled at the best price on all exchange chains.
Therefore, the intentEX spot trading function launched by DappOS is a major advancement in on-chain trading technology. Users no longer have to worry about pending orders not being bought or sold in time, and can also save at least half of the service fees. If you are interested, you can try to learn about the transaction. There are also activities for the transaction. If you don’t know how to learn about the transaction or participate in the activities, you can like Brother Yi and leave a message in the comment area. Brother Yi will give you a detailed tutorial. Thank you 🍷🍷#dappOS推出基于其意图网络的现货交易 #BinanceWeb3Wallet