Pioneering decentralised exchange aggregator offers support for users of FunFair Wallet
23 Jun 2021 – The 1inch Network, a distributed network for decentralized protocols on Ethereum, Polygon and Binance Smart Chain, has chosen the FunFair Wallet, FunFair Technologies non-custodial wallet solution, to be the latest addition to support users of the 1inch dApp.
The wallet integration allows users to utilize the aggregator effortlessly without leaving the dApp where they can conveniently convert or ‘swap’ tokens from one to another. Furthermore, FunFair’s solution enables users to send and purchase cryptocurrencies.
1inch also looks forward to a secondary integration to be completed later to allow users to take advantage of not just Ethereum-based token swapping but the rapidly growing Binance ecosystem.
Lloyd Purser, COO of FunFair Technologies, said: “We’re thrilled that 1inch is one of the first high volume DeFi dApps to complete the initial integration of our solution.”
“Our wallet was built to be easy to use on any browser and any device and we’re starting to push the roll out now. As well as Ethereum, we’ve added support for BSC and xDAI, we’re now looking into further scaling solutions like Optimism and Polygon to drive further adoption of dApps.”
Sergej Kunz, co-founder of 1inch Network, said: “Our goal is to ensure a completely seamless experience for as many users as possible, the inclusion of cutting edge tech from FunFair allows greater access to our dApp.”
“Further with FunFair’s commitment to blockchain technologies, we expect to see more solutions in the wallet as this space continues to develop,” he added.
About 1inch Network
The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space.
The initial protocol of the 1inch Network is a DEX aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. This protocol incorporates the Pathfinder algorithm which finds the best paths among different markets over 50+ liquidity sources on Ethereum, 20+ liquidity sources on Binance Smart Chain and 10+ liquidity sources on Polygon. In just two years the 1inch DEX aggregator surpassed $50B in overall volume on the Ethereum network alone.