All you need to know — Page 8

1inch releases intent-based swaps (Fusion swaps)

The 1inch Fusion protocol facilitates intent-based swaps, which empower DeFi users to place orders with a specified price and time range, paying no network fees. Meanwhile, the upgrade also contains major improvements to security, as well as updated staking contracts and tokenomics.

Dec 25, 2022 •5 min read

Staying safe from DeFi hacks

The more a user knows about possible vulnerabilities or scam attacks, the safer their assets are. While DeFi is constantly evolving and blockchain technology is becoming more secure, hackers still succeed in running fraudulent schemes and taking advantage of security vulnerabilities. However, not every news report about another project suffering from a hacker attack should necessarily be frightening. In many cases, user funds remain safe or possible losses are offset by coverage, while on many

Dec 22, 2022 •4 min read

DeFi Visions: Ruslan Serebriakov

In DeFi Visions, a series of video interviews, the 1inch Network talks to the most prominent people in the DeFi space. In this post, you’ll find the main takeaways from a recent interview with Ruslan Serebriakov, senior smart contract engineer at Trust Wallet. Ruslan’s process of entering the crypto space consisted of three stages, he recalls. He first heard about crypto back at university in Ukraine around 2014 or 2015 when he had a class on bitcoin and mining. “I was curious but I never real

Dec 21, 2022 •2 min read

Crypto airdrops: risks and opportunities

Crypto airdrops: risks and opportunities

Airdrops is a way of receiving tokens without any effort or investment. Still, knowing the risks related to airdrops will help you to avoid security threats. Airdrop tokens are assets sent to wallet addresses as part of crypto projects’ promo campaigns. Coins are distributed for free or in return for some activity that doesn’t normally require much from users. As airdropped tokens are, to some extent, similar to manna from heaven, the name for this form of marketing activity was taken from that

Dec 15, 2022 •2 min read

How market makers work: AMM and PMM

The understanding of how market makers work and how liquidity is generated helps users to make more profitable swaps and discover new opportunities in DeFi. Key takeaways: — AMMs automate crypto trading on decentralized exchanges (DEXes), removing the need for traditional buy-sell based trading. — Central to AMMs, liquidity pools are collections of funds locked in a smart contract, facilitating efficient token swaps and price determination. — In AMMs, users trade with a smart contra

Dec 6, 2022 •5 min read

Tokenomics: studying token economics

The knowledge of tokenomics is essential for navigating cryptocurrencies, making smart investments and engaging with platforms. Key Takeaways: — Tokenomics covers the design and characteristics of cryptocurrencies, including issuance, supply, distribution, incentive mechanisms, inflation control and utility. — Supply metrics include circulating supply,total supply and max supply. — Inflation control relies on burning mechanisms that reduce total token supply. — Market capitalizat

Nov 29, 2022 •4 min read

The 1inch RabbitHole: protection from sandwich attacks

The 1inch RabbitHole: protection from sandwich attacks

The 1inch RabbitHole feature will protect MetaMask users from sandwich attacks, one of the most common ways of extracting MEV in DeFi. The 1inch Network is thrilled to introduce the 1inch RabbitHole, a brand new feature that aims to protect MetaMask users swapping on 1inch from sandwich attacks — the most common type of front-running. Sandwich attacks explained When making swaps on decentralized exchanges, users can potentially become victims of a so-called “sandwich attack,” a way of gettin

Nov 25, 2022 •2 min read

1inch’s Black Friday promo offers with Banxa and Moonpay

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1inch’s Black Friday promo offers with Banxa and Moonpay

The promo deals will allow the 1inch Wallet’s Android users to skip processing fees when buying crypto for fiat during upcoming weeks. On the occasion of Black Friday, the 1inch Network is excited to announce a joint promotion campaign for the 1inch Wallet’s Android version with fiat-to-crypto on-ramp providers Banxa and Moonpay. Banxa enables 1inch Wallet users to buy crypto for fiat within the app. It boasts an array of global and local payment methods, from Visa/Mastercard to Google Pay, pl

Nov 25, 2022 •1 min read