Glossary

Here, you'll find definitions and explanations of key terms and features used throughout the TonderBot application. Whether you're new to TonderBot or looking to deepen your understanding.

TonderBot

TonderBot is a Telegram bot designed to streamline cryptocurrency transactions and enhance the trading experience for users. It allows users to buy, sell, and trade digital assets directly within the convenience of the Telegram app.

TonderBot Marketplace

The TonderBot Marketplace is a feature within the TonderBot, a mini-app that enables users to use Ton assets for a variety of web3 utility services. Users can purchase gift cards, pay for electricity, airtime, data, cables, and more using their Ton assets.

TonderCore

TonderCore is the Execution Layer for all TonderBot functionalities. Developers can integrate into third-party applications, and make API requests to access TonderBot Marketplace features.

Ton Assets:

• Ton assets refer to digital assets native to the Ton Network. These assets can include cryptocurrencies, tokens, and other digital representations of value that are compatible with the Ton blockchain.

Decentralized Exchange (DEX):

• The Decentralized Exchange (DEX) is a feature within TonderBot that allows users to trade digital assets directly with one another without the need for intermediaries. It operates on the principles of decentralization, transparency, and security.

Transaction Costs:

• Transaction costs refer to the fees associated with executing transactions on the Ton Network. These costs cover network fees and ensure the timely processing of transactions.

Slippage:

• Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed. It may occur during times of high market volatility or low liquidity.

Spread:

• The spread represents the difference between the buy and sell prices of an asset on the TonderBot platform. It serves as a source of revenue for market makers and liquidity providers.

Web2 Utility Services:

• Web2 utility services refer to a range of essential services that users can access and pay for using their Ton assets. These services may include purchasing gift cards, paying bills, and other everyday transactions.

Payment Integration:

• Payment integration refers to the seamless integration of payment methods within the TonderBot application. It allows users to make payments using their Ton assets with ease and convenience.