- Cross-chain frictions
- 1inch's solution: the best of both worlds
- The secret sauce: how 1inch does it better
1inch, a decentralized finance platform, has released a new white paper outlining Fusion+, an atomic cross-chain swap protocol. This innovation aims to address key challenges faced by existing solutions.
Cross-chain frictions
In the decentralized finance (DeFi) ecosystem, limited interoperability between blockchain networks has created significant friction. Existing solutions generally fall into two categories: centralized bridges with serious security risks and decentralized approaches often offering a frustrating user experience.
1inch's solution: the best of both worlds
1inch developed Fusion+, an intent-based atomic cross-chain swap protocol. This groundbreaking hybrid solution combines the best aspects of traditional atomic swaps and intent-based protocols.
The secret sauce: how 1inch does it better
Fusion+ enhances security and makes the user experience frictionless. Instead of relying on users to manage every aspect of a swap, the process is streamlined through the use of Dutch auctions and 1inch resolvers - trusted professional market makers that automate the bulk of the work.
1inch is solving one of the biggest bottlenecks in DeFi: cross-chain friction. As more users and liquidity flow into DeFi, the need for a seamless cross-chain experience has never been greater.
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