When market conditions fluctuate, it is generally not advisable to blindly enter the market; instead, one should broaden their perspective and obtain funds with zero risk.
Each airdrop event is a rare opportunity to accumulate funds. By completing simple tasks, users can not only receive generous rewards but also experience the convenient services provided by dappOS and Binance Web3 Wallet.
This airdrop event includes four tasks, each of which is very simple.
Free minting of dappOS trading NFTs, sharing a value of $60,000 in USDC
Trade any token worth at least $10 on dappOS to share a value of $100,000 in USDC
Trade CHEEMS tokens worth at least $10 to share a prize pool of $80,000 in CHEEMS tokens
Trade GOAL tokens worth at least $10 to share a prize pool of $60,000 in GOAL tokens
Survey report on the IntentEX spot trading feature
Recently, @dappOS_com launched a spot trading feature based on the intent network architecture—IntentEX. This innovative spot trading platform utilizes dappOS's unique Intent Execution Network to provide users with a trading experience close to that of CEXs. Through dappOS's intent-based infrastructure, ordinary users can enjoy institutional-level liquidity while completing on-chain transactions at lower costs and faster speeds.
So how does it break the limitations of traditional on-chain exchanges and bring a more efficient and lower-cost trading experience to the Web3 ecosystem?
First, we need to understand the pain points of traditional on-chain exchanges.
Currently, despite the important roles that decentralized exchanges (DEXs) and centralized exchanges (CEXs) play in the crypto market, there are still some significant issues that cannot be ignored:
Insufficient liquidity: Many on-chain exchanges have relatively low liquidity, especially in trading less popular assets, preventing users from enjoying overall market liquidity on a single platform.
Slow transaction speed: Traditional on-chain exchanges are limited by blockchain block generation speed and network congestion, resulting in slower transaction confirmations.
High fees: The fees charged by exchanges are often high, especially the exorbitant costs of some CEXs and on-chain exchanges, making it inconvenient for ordinary users when trading.
The core reason for these issues is that the liquidity of asset trading is dispersed among multiple exchanges, preventing users from enjoying sufficient market depth and liquidity on a single platform, resulting in inefficient trading and high costs.
To address these issues, dappOS launched the IntentEX platform, fundamentally optimizing the trading experience through its intent network architecture.
The principles and innovations of IntentEX
The core design innovation of IntentEX lies in its intent-based trading mechanism, which treats users' limit orders as 'Intent Tasks' and delegates them to professional service nodes for execution through the dappOS intent execution network. This design allows IntentEX to break the liquidity constraints of traditional exchanges, providing users with a more efficient and lower-cost trading experience.
1. Publish intent tasks
When a user initiates a limit order on the IntentEX platform, that order is treated as an 'Intent Task' and published to the dappOS intent execution network. Matching nodes in the network will select the best service node to execute this task based on multiple factors, including the node's margin, execution speed, cost, and liquidity.
After the user confirms the signature, the selected service node will commit to executing a specific quantity of orders. This 'Intent Task' mechanism allows orders to be executed in an extremely short time, even faster than the block generation speed of the blockchain itself.
2. On-chain order processing
After confirming the order, the service node will process the order on-chain according to the following steps:
Internal Fill: If there is already a matching order in the IntentEX order book, the system will directly match and execute the transaction. The unfilled portion will move on to the next stage.
Node Exclusive Fill: Service nodes have exclusive rights to complete the remaining orders within a certain timeframe. If the service node fails to fulfill the commitment, it will face liquidation.
Open Order: Unfilled orders will be listed on the IntentEX order book for other users to trade.
This order processing mechanism ensures the efficiency and liquidity of transactions while introducing an exclusive transaction mechanism to ensure that users' orders can be completed quickly.
Core advantages of IntentEX
dappOS's IntentEX not only solves the liquidity and fee issues of traditional on-chain exchanges but also significantly enhances the speed and efficiency of trading. Here are the core advantages of IntentEX:
1 Institutional-level overall market liquidity
The professional service nodes of dappOS can obtain and match liquidity information from CEXs and DEXs in real-time. Compared to traditional on-chain trading designs, IntentEX can not only integrate on-chain liquidity but also access high-quality off-chain liquidity resources, bringing institutional-level liquidity capture capabilities. Users' orders can quickly tap into the best price sources, achieving higher transaction rates and faster execution.
2 Fast execution speed
IntentEX provides users with a faster transaction speed than traditional on-chain exchanges by quickly matching market prices and executing intent tasks. dappOS's intent execution network can complete order signature confirmations in 500 milliseconds, even exceeding the block generation speed of public chains. This efficient trading mechanism allows users to complete transactions quickly, avoiding prolonged wait times.
3 Low transaction fees
Thanks to dappOS's professional service node network, IntentEX can significantly optimize trading fees, reducing them to as low as 0.1%, far below the fee structures of most on-chain exchanges. This makes IntentEX a more economical choice for users trading on-chain.
4 Decentralization and Transparency
All transactions on IntentEX are publicly recorded on the blockchain, ensuring the transparency and credibility of the system. dappOS's decentralized network ensures that even if a service node fails, other nodes can quickly take over the tasks, ensuring that transactions are not affected. This design gives IntentEX a high level of stability and security, providing users with a trading platform without a single point of failure.
IntentEX and the dappOS ecosystem
IntentEX is an important part of the dappOS ecosystem, marking another significant breakthrough in the construction of the Web3 intent layer. dappOS aims to help users realize operation intent, asset intent, and trading intent through intent network technology, and further improve its Web3 intent layer ecosystem by launching IntentEX.
With the launch of IntentEX, dappOS not only occupies an innovative high point in the decentralized exchange (DEX) field but also provides a solid foundation for the intelligent and decentralized development of the entire Web3 ecosystem.
Summary
As the Web3 ecosystem continues to develop, dappOS will undoubtedly become a pioneer in promoting blockchain technology progress and decentralized trading innovation, helping users enjoy a more intelligent, efficient, and decentralized trading experience.