Financial exchange 1inch has announced the start of cooperation with Unstoppable Domains.
Unstoppable Domains - a service with which anyone can get a multifunctional decentralized domain. For example, Andy.wallet or Money.crypto.
Such integration is aimed at improving the quality of transactions, as well as replacing complex addresses with more convenient domain names. Now, when making financial transactions, 1inch Wallet users have an opportunity to use their NFT domains. This form of work will increase the safety and reliability of transactions by carefully analyzing addresses and preventing sending errors.
In July 2022, the NFT domain provider raised over $60 million at a $1 billion valuation. The startup previously backed Tim Draper's “Draper Associates” investment fund in a $4 million round.
The DeFi project later announced a distribution of 300,000 OP tokens to wallet users on the Optimism network.