Scenarios
Last updated
Last updated
Scenario 1: User intends to redeem yield-generating assets and exchange them for USDT
Without dappOS, if you wanted to redeem your yield-bearing assets (e.g., xxETH), you would typically have to choose between using a DEX or redeeming through the project's official website. If you opt to exchange directly on a DEX, you might encounter issues like insufficient liquidity, high slippage, and significant losses. Redeeming through the official website often requires a waiting period of about seven days, which can be problematic in urgent situations. Additionally, after redemption, you would still need to manually sell ETH to exchange it for USDT.
With dappOS, if you hold intentETH, you can directly use it as ETH on a dappOS-supported DEX to exchange for USDT with a single click. The liquidity pool used for this exchange is the regular ETH-USDT pool with high liquidity and low slippage.
Scenario 2:User intends to buy $XXX token on xxL2 chain, but has no funds on xxL2.
Without dappOS, even a seemingly simple task like this might require considerable planning. For example:
Fund Allocation: Deciding which chain’s funds would be more convenient to use for this task; some funds might still be locked in other protocols, requiring withdrawal.
Conversion: If your funds exist primarily in other chains or in non-ETH forms, how do you convert them to ETH? If you lack sufficient gas for the conversion, how do you obtain the gas?
Cross-Chain Method: Should you use an on-chain cross-chain protocol, or transfer ETH to an exchange and then withdraw it to the xxL2 chain?
With dappOS, if you hold intentETH, you can go to a dappOS-supported DEX on xxL2 to buy tokens. You’ll find that using intentETH to buy tokens feels just like using regular ETH. Moreover, you won’t need to plan various operational steps, allowing you to use and allocate your on-chain assets more flexibly. For example, you no longer need to leave funds on each L1 or L2 just in case for gas; simply holding Intent Assets will satisfy your cross-chain interaction needs.
In summary, when users hold intentETH, using it in non-yield scenarios feels identical to using native ETH, with the added benefit of earning passive income.