Cross-chain swaps with 1inch

Stakingbits
Nov 24, 2024

Say goodbye to slow, costly bridging; 1inch now supports cross-chain bridging using some cool technologies, and it’s calling it 1inch Fusion+.

Professional traders, known as resolvers, compete to execute swaps.

The pricing is determined through a Dutch auction model, where Fusion swaps’ filling rates decrease over time, influenced by swap volume and user-established presets, which define price and duration limits.

A smart price curve accounts for market liquidity and adjusts based on gas prices to ensure optimal execution for users.

Bridging the same assets across chain is now simpler, and easier to use.

--

--

Stakingbits
Stakingbits

Written by Stakingbits

Staking bits and bytes. DeFi’s fastest growing content platform helping investors navigate DeFi’s wild forest. https://stakingbits.com

No responses yet