Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: Altcoin1998$ on March 16, 2021, 10:01:21 PM
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The 1inch team has released the third iteration of its Aggregation Protocol, a tool that routes trade orders across all decentralized exchanges on Ethereum and, as of recently, Binance Smart Chain.
Thus, 1inch's router merely replaces Uniswap's while using the same pools, which explains how an aggregator can be cheaper than direct use. The higher effectiveness on Uniswap has been the result of targeted optimizations, Bukov said. Sergej Kunz, CEO of 1inch, added: “We just optimize where we can, sweeping the dust, so to speak, after the other DeFi guys.” This wouldn’t be the first time that 1inch targeted Uniswap in its actions, having recently launched a “vampire airdrop” for active Uniswap users. In this case, however, the targeting makes the most technical sense. Since Uniswap’s codebase is so popular, optimizing for it gives the best return and the most liquidity.
Read:click (https://cointelegraph.com/news/new-version-of-1inch-s-dex-aggregator-makes-it-cheaper-than-uniswap?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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It's high time for projects to switch to the Binance Smart Chain network
Commissions are tens of times less and transactions are faster, not with our earnings to exchange currency on uniswap, you will spend money on one commission.