1inch Network updated the protocol of the liquidity aggregator with DEX

1inch Network Defi project presented the fourth version of the protocol of the liquidity aggregator from decentralized exchanges (DEX). 1inch Router V4 will reduce the cost of transactions for Що таке DeFi? | users, FORKLOG representatives of the project said FORKLOG.

According to them, thanks to the improvements, on average, transaction costs for transactions through the protocol will be 5.4% cheaper than when conducting them directly on DEX.

The new version also adds separate routers for Uniswap V3, Clipper and the option of price offers (RFQ) for 1inch Limit Order Protocol.

Another important improvement was support for the function of resolutions [Permits] according to the DAI standard. The solution allows you to make swaps without a separate approval of the transaction and will be available for operations with DAI and several other tokens.

In general, the function will include the support of nine coins on the Ethereum blockchain, the same amount on Binance Smart Chain, as well as one Polygon network token.

Recall that in March, the 1inch team launched the third version of the Protocol of the liquidity aggregator.

In April, the project was presented by the 1inch Network ecosystem, which included 1inch Aggregation Protocol and 1inch Liquidity Protocol. She is managed by a https://newsportal.com.ua/2022/08/31/the-head-of-the-sec-called-the-cryptocurrency/ decentralized autonomous organization, which allows users to vote for the key parameters of the protocol and participate in the network management.

In June, the developers presented an updated 1inch Network Governance voting system.