Key facts:
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With Fusion+ users have control over their assets, unlike CEXs.
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To try Fusion+ you need to manually enable the feature in the 1inch dApp.
1inch’s cross-chain solution, designed with security in mind, enables seamless token swaps between multiple blockchains, ensuring robust asset protection. Called Fusion+, it is an innovative enhancement to 1inch’s intent-based swap product that offers seamless cross-chain functionality.
With Fusion+ users maintain full control of their assets, while its architecture ensures that transactions are completed on both networks without third-party intervention.
From the beginning, 1inch has been a leader in Blockchain innovation, focused on adding on-chain liquidity. With 1inch Fusion, we will move forward by integrating both on-chain and off-chain liquidity through an intent-based model, offering secure and convenient exchanges with maximum extraction of value (MEV) protection.
Cross-chain swaps with Fusion+
Fusion+ aggregates liquidity from across the Web3 ecosystem, enabling Fast, efficient and secure cross-chain exchangesall from a single platform. Until now, cross-chain exchanges were hampered by slow and expensive bridges, as well as the risks associated with centralized exchanges.
Fusion+ changes all this by offering a decentralized, self-custody solution that leverages Web3’s vast liquidity, ensuring users get the best rates with unmatched security.
Here’s a quick reminder of how 1inch Fusion trades work: users specify the minimum return they’re willing to accept, and professional traders, known as resolvers, compete to execute trades at the most favorable rates.
Prices are determined using a Dutch auction model.where Fusion swap fill fees decrease over time, influenced by trade volume and user-set parameters defining price and duration limits.
An intelligent pricing curve takes into account market liquidity and adjusts based on gas prices to ensure optimal execution for users. Additionally, 1inch Fusion’s intent-based architecture is designed with MEV protection, protecting users from maximum value extraction exploits.
The power of atomic swap technology
Fusion+ integrates atomic swap technology, ensuring that cross-chain swaps are:
- InsuranceAtomic swaps are designed to be all-or-nothing transactions. If a swap is not completed for any reason (such as a time limit expiring), the assets are safely returned to the original owner.
- Without trust: Both parties can exchange assets without the need for mutual trust, as the exchange is governed by smart contracts. These contracts verify all the conditions of the transaction, meaning that no one needs to trust the other or a third party for the exchange to take place.
Most importantly, the process works through verification. This critical aspect of verification also applies to Fusion+ cross-chain swaps, so users must keep the Swap tab open in the dApp or app (when available in the 1inch wallet) until the swap is fully verified, ensuring the highest level of security.
Steps to complete a cross-chain exchange with Fusion+
All the technical complexities are handled behind the scenes, allowing users to enjoy a fluid and intuitive experienceCross-chain exchanges become as simple as any other transaction.
Fusion+ is currently in beta, and users who wish to test cross-chain trades must manually enable Fusion+ in the settings. After the testing period, Fusion+ cross-chain trades will be automatically enabled.
For the user, an exchange is a simple process that only requires a few clicks:
Behind the scenes: the mechanics of Fusion+
For those interested in the technical details, here’s how the process works:
For example, a user has POL tokens on Polygon and wants to exchange them for ETH on Ethereum.
Fusion+ is now available on the 1inch dApp
Experience seamless cross-chain exchanges with Fusion+ on the 1inch dAppTo be among the first to take advantage of these benefits, enable Fusion+ in “Settings.” With Fusion+, 1inch is setting a new cross-chain standard while advancing security and decentralization in the Web3 space.
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