Swapping in Fusion mode ft. 1inch
Unlike legacy swaps, in Fusion mode swaps, the actual transaction for exchanging one token into another is done by a resolver.A resolver is a fully automated algorithm that consists of a server app a set of smart contracts that execute trades and an externally owned account that sets up the contracts. Resolvers are applications developed by third parties.These applications resolve Fusion mode limit orders (also referred to as “Fusion swaps”), submitted by 1inch users, in automatic mode withou...
Swapping in Fusion mode ft. 1inch
Unlike legacy swaps, in Fusion mode swaps, the actual transaction for exchanging one token into another is done by a resolver.A resolver is a fully automated algorithm that consists of a server app a set of smart contracts that execute trades and an externally owned account that sets up the contracts. Resolvers are applications developed by third parties.These applications resolve Fusion mode limit orders (also referred to as “Fusion swaps”), submitted by 1inch users, in automatic mode withou...
1inch vs DEX
In this article, we’ll explore the universality of 1inch compared to specific DEX, highlighting key features that make 1inch a standout player. 1. Liquidity Aggregation: 1inch serves as a liquidity aggregator, pooling offers from different DEX. This allows users to obtain the best exchange rate, while individual DEX might limit access to liquidity. 2. Low Gas Costs: 1inch integrates the Gas Token mechanism, reducing gas costs and making exchanges more economical for users, whereas some DEX ma...
1inch vs DEX
In this article, we’ll explore the universality of 1inch compared to specific DEX, highlighting key features that make 1inch a standout player. 1. Liquidity Aggregation: 1inch serves as a liquidity aggregator, pooling offers from different DEX. This allows users to obtain the best exchange rate, while individual DEX might limit access to liquidity. 2. Low Gas Costs: 1inch integrates the Gas Token mechanism, reducing gas costs and making exchanges more economical for users, whereas some DEX ma...
