DEX Aggregator 1inch Expands Gasless DeFi Access Through Rewardy Wallet Integration
Decentralized trade aggregator 1inch has expanded its shopper pockets integrations by a brand new partnership with Rewardy Wallet, permitting customers to swap tokens throughout a number of blockchains with out holding native gasoline tokens reminiscent of ETH, BNB or MATIC.
The integration brings the 1inch Swap API straight into Rewardy Wallet’s in-app swap interface, permitting customers to execute cross-chain swaps whereas paying transaction charges in Rewardy’s native token, RWD.
By abstracting gasoline funds away from network-specific tokens the replace removes one in every of DeFi’s most persistent friction factors and reduces the chance of failed transactions brought on by inadequate gasoline balances.
Removing Gas Tokens From the User Experience
Gas administration has lengthy been a barrier to mainstream DeFi adoption, significantly for newer customers navigating a number of blockchain networks. The requirement to carry the proper native token for every chain usually leads to stalled or failed transactions and provides pointless complexity to on a regular basis crypto use.
By eliminating the necessity to pre-purchase native gasoline tokens, the mixing delivers a cleaner, extra intuitive expertise that aligns with the expectations customers have of recent monetary purposes, whereas preserving self-custody and execution high quality.
Powered by 1inch’s Aggregation Infrastructure
Through the mixing of the 1inch Swap API, Rewardy Wallet positive aspects entry to aggregation and routing infrastructure. The agency claims customers profit from optimized pricing and liquidity throughout supported chains, all executed inside Rewardy’s in-app swap setting.
The setup permits swapping throughout Ethereum, BNB Chain and different supported networks with out requiring customers to handle community settings or gasoline belongings manually.
Built on Account Abstraction and EIP-7702
Rewardy Wallet is constructed round account abstraction and gasless UX rules, with the gas-free swap expertise by EIP-7702. This permits transaction charges to be paid utilizing RWD as an alternative of native community tokens, lowering onboarding friction and simplifying cross-chain exercise.
“DeFi continues to be too difficult for most individuals, and gasoline tokens are one of many greatest causes,” stated Yoon Jeon, CEO of Rewardy Wallet. “By partnering with 1inch and leveraging EIP-7702, we’re eradicating pointless steps and making swaps really feel so simple as any trendy monetary app with out compromising on self-custody or execution high quality.”
1inch Pushes Toward Mainstream Adoption
“If DeFi is to achieve its first billion customers, the expertise should be seamless and safe,” stated Sergej Kunz, co-founder of 1inch. “Through the mixing of our Swap API, wallets like Rewardy are serving to drive a extra intuitive and accessible future for customers.”
The integration additionally helps swaps throughout Ethereum, BNB Chain, Base, Arbitrum and Optimism, and marks one other step in 1inch’s technique of embedding its infrastructure into consumer-ready platforms.
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