Daily Trade News

1inch Network expands to Avalanche and Gnosis Chain By Cointelegraph




The 1inch Network announced on Wednesday its plans to deploy the 1inch Aggregation Protocol on and the 1inch Limit Order Protocol on Gnosis Chain, formerly known as the xDai Chain. In a statement shared with Cointelegraph, the 1inch Network expressed its aim to further expand its capabilities within the decentralized finance, or DeFi, industry.

“1inch’s main goal is to offer users the best deals across the blockchain space,” said Sergej Kunz, 1inch Network co-founder, adding that the expansion to Avalanche and Gnosis Chain “will offer 1inch users more options for cheap and fast transactions.”