1inch Network Releases Fusion Update for DeFi Swaps

1inch announces Fusion, which is focused on the 1inch Swap Engine and aims to enhance the user experience with DeFi swaps.

The team behind the project Promises to provide liquidity that “Almost limitless” and the highest level of user protection

The 1inch Swap Engine will facilitate Fusion, which empowers DeFi users to place orders with specified prices and time intervals. without having to pay network fees

The 1inch Swap Engine is a decentralized trading and matching protocol, partially based on the 1inch Limit Order Protocol and the 1inch Aggregation Protocol. “Almost all liquidity in the crypto market”

Orders are completed by professional market makers by paying associated fees known as resolvers, where users have to stake 1INCH tokens to become resolvers and the top five stakeholders receive execution priority. order

The team says Fusion mode will allow users to swap tokens across decentralized exchanges without paying network fees. “At the most reasonable rate” they can choose from three options: Fast, Fair and Auction.

Fusion updates will start running on BNB Chain, Ethereum, and Polygon, with more networks to be added in the future.

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