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1inch Token(1INCH) Full Stack Decentralization
1inch TokenCross-chain swaps: what problems does 1inch solve?
Other types of cross-chain swap solutions also have many disadvantages. In most instances, they are slow, expensive, unsafe for large swaps or too complex. As a result, users trying to use these solutions are faced with bad UX, long waiting times and high fees.
To address the cross-chain swap challenge, 1inch recently introduced Fusion+, an enhanced version of its intent-based crypto swap solution that integrates advanced atomic swap technology. Fusion+ resolves issues seen in other cross-chain solutions.
Fusion+ is a decentralized, self-custodial solution offering gasless swap execution and highly competitive rates. Swaps are filled by resolvers - professional market makers who compete to execute the transaction, which ensures favorable pricing.
Additionally, the intent-based architecture of 1inch Fusion provides MEV protection, shielding users from maximal extractable value exploits.
Finally, liquidity is aggregated from across the Web3 ecosystem, eliminating the risk of swap failure due to insufficient liquidity on a particular chain.
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