Yeah, the market's failing. This Monday was one of the worst days for crypto in my memory: - $BTC fell as low as 75,000. - $ETH broke the $1,500 mark. - And memecoins and altcoins are terrible to talk about.
But despite all the hardships, DeFi will endure and will continue to develop and grow. For example, the Omniston protocol has now been launched on the $TON blockchain, which will be especially helpful in times of extremely high volatility like now.
In such periods, simple swaps often fail to complete because they exceed the slippage rate, which can often lead to dire consequences. But, on STON.fi with Omniston enabled, everything is different. Quote cannot change during the swap, so the price of the coins will remain exactly as written.
This is especially often a problem when working with memecoins. And now, Omniston will sort of negotiate with the biggest resolvers of the blockchain and get quotes in advance. Among them, it selects the best ones at the offered rate and ensures stability.
You can read more about Omniston here: coinmarketcap.com/community/articles/67eba2cc02a107137595952c8a/
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