STON.fi price 

STON

The STON token is utility token on TON Blockchain integrated into the core mechanics of the STON.fi protocol. STON token also allows its holders to participate in the protocol governance and vote through long-term staking.

The STON.fi platform revolutionizes the DeFi ecosystem by addressing critical interoperability issues, enhancing security, and reducing transactional risks and costs. Today, transferring assets across different blockchain networks involves significant challenges, including potential financial loss due to reliance on third-party custodians, delays, security issues, and complex user scenarios.

STON.fi is a Request For Quote (RFQ)-based cross-chain exchange that relies on Hashed Timelock Contracts (HTLC) to atomically execute cross-chain swaps. This approach eliminates the need for additional trusted entities and offers a combination of deep liquidity and price stability usually associated with RFQ-based exchanges, alongside uncompromising security typically found in intrachain DEXs. Since the protocol doesn’t make any trust assumptions for the participants, we define it as a Zero-Trust Cross-Chain DEX.