What Is Omniston Protocol And How Does It Work Right Now?
Omniston can be considered as a smart middleman built by STON.fi for the entire TON ecosystem that helps you get the best swap rates when trading tokens on the TON blockchain. Instead of you hopping from one decentralized exchange to another, Omniston checks multiple TON-based decentralized exchanges for you (in the background) and picks the one offering the best deal. Think of it like this: > You want to change Dollars to Naira. Instead of going to just one Bureau de Change, Omniston checks several and automatically picks the one with the best rate, all within seconds. This means: You get better rates You avoid unnecessary losses (a.k.a. slippage) And the swap happens quickly and safely How Does Omniston Work? 1. You open your wallet such as Tonkeeper or a TON-based app to swap a token (e.g swap TON to USDT). 2. That app sends your request to Omniston. 3. Omniston checks different exchanges (like STON.fi, DeDust etc.) at once. 4. It picks the one giving you the best value for your money. 5. The swap either goes through or you get your money (the token you wanted to swap initially) back if the swap fails. Simple and secure. Who Does Omniston Protocol Benefit? 1. Regular Users (like you and me) You don’t need to know or go to all the decentralized exchanges on TON one by one. You don’t need to compare prices yourself (like you do in the market) Omniston handles everything and just gives you the sweetest deal possible automatically. 2. Liquidity Providers (people who supply tokens for smooth trading) Before, their tokens might sit idle on just one exchange... But with Omniston, more apps can access their tokens (since Omniston connects to or scans multiple platforms) That means more trades, more activity, and more earnings for them — without needing to move their tokens around. It’s like putting your goods in one store, but customers from five other stores can also buy from you. 📅 What’s Coming Next? Omniston isn’t stopping here....
In the future, they plan to: ✓Allow you trade across blockchains such as from TON to Ethereum or Tron ✓ Add 'limit orders' (you set your own buying/selling price). ✓ Bring in gasless swaps (you don’t need to pay for transaction fees). ✓ Add margin trading (trade with more money than your real balance). ✓ And maybe let users vote on upgrades (through a DAO system). Basically, they want to make TON trading: -Smarter -Faster -And more flexible for everyone To sum it all up: Omniston helps you get the best swap rate by checking many exchanges at once. • It’s built by STON.fi, a major player on the TON blockchain. • It makes trading easier for users and more profitable for token suppliers. • And it's ready to grow with features that make swapping even better in the future. #TON #MyTradingStyle $TON
With the increasing risks associated with hodling crypto assets, It is easy to get agitated with the whole situation
Even big players are getting hacked, Then who's safe?
Fear is creeping in
Decentralization now feels unsafe
Now it doesn't even matter if you're storing your Crypto assets online or offline, The security concerns are there
I recently saw on the news that A man was dr*gged by an Uber driver in order to steal his assets
It seems the vices that are witnessed in Web2 are nothing compared to our all-mighty overly hyped Web3
What's the way out?
More than using 2FA, writing your passphrase in a safe space offline and never sharing with anybody (including support), You must combine that with physical measures to even safeguard yourself
Stop posting your earnings or wallet balance online.
You're putting not just your asset but yourself at risk