1inch Exchange is a DEX aggregator that swaps tokens at the best price in a single transaction. The project solves the liquidity problem, thereby, facilitating mass use. The optimization algorithm divides trading across different exchanges. This allows you to have the most efficient way to complete your transaction.
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About 1inch project
1inch's continued commitment to provide its users with diverse and lucrative swap options, coupled with maximum efficiency, is largely in line with Neutrino's overall mission. 1inch - the leading DEX Ethereum aggregator and one of the most important projects in DeFi.
In a year of operation, 1inch turnover has exceeded one billion US dollars in total trading volume, which is almost unprecedented in the DeFi and Ethereum ecosystem space.
From a technical point of view, the ERC20 USDN token will be integrated into the Ethereum ecosystem in two stages:
| Stage 1 | Based on the waves.Exchange infrastructure, a gateway will appear to issue ERC20 USDN tokens 1:1 after the $ USDN tokens are blocked on the Waves blockchain. |
| Stage 2 | Based on the Gravity and SuSy protocols, gateway operations will be decentralized through an active decentralized network of oracles. |
The most important problem, which will also be solved in cooperation with the 1inсh, Neutrino and Waves teams, is the integration of external take-blockchain rewards into Ethereum, which will automatically be accumulated by the owners of liquidity pools. 1inch gives its users a great opportunity to earn interest by providing liquidity for lending. And all this is available with only one entry point.
Dapp referral program
The referral program helps to distribute 1inch services, rewarding happy users for their links.
To use the program, you must:
- Visit 1inсh.exchange: DEX aggregator site. Click on the COPY button next to the referral link at the bottom of the page. You will receive a referral link.
- Next, you pass the link to your friend to join the project.
- Following your recommendations, a person should go to the 1inch website via a referral link and use any of the services (swap, set a limit order, provide liquidity).
All swaps, executed through the referral link, will be recorded. Once the program is fully operational, the owners of the recorded trades will get rewards, in accordance with the terms of the program.
Additional information about the ETH project
Instead of White Paper and RoadMap, the developers provide a section with answers to questions. All working moments and other features of the platform are available in detail there. If you want to stay up to date with all innovations, subscribe to the community on such social networks: twitter,youtube, discord. The smart contract has not been audited.