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Showing posts with the label 1inch

Lido adds support for 1inch as withdrawal aggregator

Lido has announced support for 1inch as a withdrawals aggregator. 1inch will allow ETH stakes to skip the withdrawal queues with instant swaps between staked Ether (stETH)/wrapped staked Ether (stETH) and Ethereum (ETH. Lido, the top liquidity staking protocol for Ethereum, has announced support for 1inch as a withdrawal s aggregator . The Lido team noted in their announcement on Wednesday that adding the decentralized exchange aggregator allows users to access instant swaps for their staked Ether (stETH) and wrapped staked Ether(wstETH). The feature also works for Ethereum (ETH). “ 1inch is a DeFi aggregator optimised for Ethereum, BNB Chain, Optimism, Polygon and other chains. By aggregating prices across hundreds of DEXs, 1inch guarantee you the best rates for all trades ,” Lido posted on X. ETH stakers on Lido can unstake their st ETH or wst ETH via DeFi aggregator s, which allows them to skip withdrawal queues by enabling st ETH to ET...

Introducing 1inch Stablecoin

Introducing 1inch Stablecoin which aims to build a free trade and economic interaction system powered by the next-generation blockchain technology. The 1inch platform will offer users the best swapping routes for trading stable tokens efficiently and freely.  Through decentralized self-governance, the issuance, circulation, and trading of 1IS will allow for the distribution of economic value in ways never seen before. The launch of the 1inch Stablecoin represents a significant step towards the mass adoption of cryptocurrencies. 1IS will facilitate a decentralized economy that allows everyone to buy, sell, and hold stablecoins without relying on any centralized service providers. Legislative power will be transferred from opaque centralized authorities to trustless and transparent codes. The rules and platforms will be entirely transparent and based on faithfully executed smart contracts. The technology is almost ready, and 1inch values its fantastic community input in this process. I...