Crypto news

DeFi Made Simpler: Andrey Fedorov Unpacks STON.fi’s Vision

BBG News

At Paris Blockchain Week, BeInCrypto took a seat with Andrey Fedorov, the CMO and Chief Business Development Officer at STON.fi, to dive deep into his revolutionary brainchild—Omniston—and his grander thoughts on the wild world of DeFi.

Andrey Fedorov, that rare breed of visionary, explained how Omniston—a liquidity aggregation protocol by STON.fi—is not just simplifying, but rather transforming decentralized liquidity across the TON blockchain and beyond. Essentially, it acts as a one-stop shop for DeFi apps, liquidity providers, and users alike. A modern miracle! Or maybe just clever plumbing.

Andrey Fedorov on Omniston

Omniston—what a name! It’s a decentralized liquidity aggregation protocol that connects DeFi apps to TON liquidity. Now, I know what you’re thinking: “Wait, isn’t that just a fancy way to say ‘exchange’?” But no! Omniston is smarter. It’s not an exchange itself. Rather, it’s the secret sauce that allows apps, wallets, games, and other DeFi interfaces to seamlessly tap into liquidity sources. Picture it like a well-meaning but stealthy butler, always finding you the best deals behind the scenes while you’re sipping your latte.

Typically, DeFi apps need to jump through a hundred hoops, integrating with various liquidity sources—time-consuming, expensive, and tedious. Enter Omniston: a single integration point that magically connects you to a plethora of liquidity sources, saving you a fortune in integration fees. Who needs ten different plugs when you can have just one?

Omniston offers liquidity providers and market makers access to a vast pool of DeFi apps, all hungry for liquidity. It’s the financial ecosystem’s equivalent of a VIP club, where everyone gets a share of the pie, whether you’re the liquidity provider or the app developer.

And here’s the kicker: anyone with liquidity—on-chain (like vaults or pools) or off-chain (like private funds)—can plug into Omniston. Yes, it’s that inclusive. If you’ve got liquidity, it’s time to make it work for you.

Omniston’s Roadmap

Currently, Omniston is focusing on one thing: getting users on board. “Charging? Oh, we’re not about that right now,” says Andrey. The priority is adoption. For now, liquidity providers earn money, DeFi apps build on Omniston, and the rest is still very much in beta. Monetization? Sure, it’ll come eventually, but not in the traditional ‘pay-per-use’ manner. They just launched a month ago, folks, so let’s not rush things. They’re still figuring out their numbers, but connectivity is king.

What’s next on the horizon? Cross-chain swaps! Omniston currently operates on the TON blockchain, but they’ve got cross-chain functionality in the works. It’s like upgrading from a tricycle to a Harley—first, they’ll roll out Tron integration, then venture into EVM ecosystems. Slow and steady wins the race, right?

TON – The Ideal Blockchain for Omniston?

So why TON, you ask? Well, there are two reasons. First, it’s a technically strong blockchain (obviously). Second, it’s becoming Telegram’s native chain, which means access to over a billion potential users. No big deal, right? TON’s ecosystem is growing faster than a weed in spring, with strong developer support and a treasure chest of resources. Building on TON? You’re practically on a rocket ship to the moon.

And let’s not forget the TON Foundation—they’re not just sitting on their hands, but actively fostering growth, making TON one of the most compelling blockchains for developers. So, if you’re building something on TON, you’re not alone; you’ve got the community and momentum to back you up. Lucky you!

The Impact of Crypto and Blockchain Regulation

Is regulation a buzzkill? Not for Andrey! He sees it as part of the game. Europe’s MiCA legislation is a step in the right direction, and while the U.S. might be playing regulatory whack-a-mole, the goal is simple: compliance. It’s inevitable, really. So, STON.fi’s watching closely and making sure they’re ahead of the curve.

Promising Crypto Trends

Everyone’s talking about AI agents, right? But here’s the thing: the hype train has yet to find solid use cases. Sure, AI agents can evaluate market balance—but beyond that? Not much. For now, the future is still a bit murky, but Andrey’s not discouraged. He believes AI and crypto will eventually find more practical ways to coexist. Early stages, but the possibilities are endless. Let’s just hope they don’t start replacing humans as the next big DeFi trend.

Read More

2025-04-17 13:23

Previous post You Won’t Believe What MAFS’ Billy’s Doing NOW!
Next post How Belarus Plans to Make Your Money Digital (and Trace Every Kopeck!)