
Intent-based swaps create infrastructure to bring institutions into DeFi
Intent-based swaps, available in the 1inch Swap API, enable financial institutions to offer their customers access to the DeFi space.

Editor-in-chief at 1inch, covering blockchain and crypto since 2017, previously a financial and tech reporter. Author of the book "reDeFine Money: The insider's story of decentralized finance and Web3. Former host of the "DeFi Visions" YouTube show.

Intent-based swaps, available in the 1inch Swap API, enable financial institutions to offer their customers access to the DeFi space.

By leveraging the Proof of Work and Proof of Stake algorithms, blockchain networks achieve consensus, ensuring integrity and security by employing different approaches to qualifying participants for block creation.

The 1inch Card allows users to use their crypto for online and in-person purchases, and make cash withdrawals at supported ATMs through seamless crypto to fiat conversion.

Crypto whales can shape market trends and impact liquidity with their substantial transactions, which can trigger widespread trading responses and set precedents for market behavior.

To celebrate the integration of the 1inch Swap API into Magic Square, a competition will be launched, with a prize pool of $25,000 in Magic Square’s SQR tokens.

The 1inch Network is happy to present you the March digest of major news and updates.

The primary emphasis of phase 2.0 is on educating the online Web3 community about 1inch’s tech, with a sub-focus on the APAC region.

Implemented in various ways, staking bolsters network security, provides users with passive income and supports the stability of DeFi ecosystems.

At 1inch, we are constantly working on improving our technology in a bid to make our products more efficient and user-friendly.

Over the next three weeks, traders will compete for a 3,000 USDT prize fund.

DeFi, powered by blockchain technology, supports an efficient and transparent environment for activities such as trading, investing, lending and earning on crypto assets.