🎊 Meet the 1inch Router v5 🎊

There is no limit to perfection. Especially when it comes to DeFi.

🦄 1inch mascot continues its mad crypto crusade against high ⛽️ gas fees, making swaps even cheaper.

Without further ado, let us introduce the 1inch Router V5!

👉 Try it now: https://app.1inch.io/

🧠 Many lessons have been learned since the launch of the Aggregation Router v1 three years ago.

🦾 By releasing v5, the 1inch Network solidifies its position as a market leader, taking users’ DeFi experience to a new level.

The new version makes 1inch users’ swapping activity on the Ethereum network yet more profitable.

🔁 Swaps will be roughly 5% more gas efficient than in the previous version and 10% more gas efficient, compared with the 🥈 2nd best performing player in the DEX segment.

🏆 With the 1inch Router V5, a 100K USDC swap into USDT through a Uniswap v3 pool turned out to be 4% more gas efficient than with the Router v4, 8% more gas efficient than with the 2nd best performing player in the DEX segment and 24% more efficient than other offerings.

🆕 What's new:

✅ The router was merged with the 1inch Limit Order Protocol v3, facilitating more efficient swaps and cheaper gas.

✅ New interaction logic was applied, and pre-/post-interactions were added.

✅ The new version features an improved smart contract error processing system, to which custom errors were added. Custom errors facilitate a convenient and gas-efficient way to explain to users why a specific operation failed.

The 1inch Router V5 has been thoroughly audited by almost a dozen of the industry’s most reputed projects, including ConsenSys, OpenZeppelin and ABDKconsulting.

🛡️ The results of the audits can be viewed here.

🤓 Still, if someone can detect a vulnerability in the 1inch Router V5, they will be rewarded.

📢 To report a vulnerability and receive a reward, follow this link.

🔗 Read more: https://blog.1inch.io/the-1inch-router-v5-is-released-7a36ff835bd5

Something that may cheer up you guys in these terrible crypto days.

The new upgraded Android version of the 📱 1inch Wallet is out!

✅ 4 new fiat on-ramps
✅ NFT support

The list of new fiat-to-crypto on-ramp providers includes Banxa, Sardine, Moonpay and Wyre.

⚡️ Their addition to earlier available Transak and Mercuryo makes the 1inch Wallet one of the crypto wallets offering the greatest amount of on-ramp options.

Some providers are preparing 🎁 special offers that will be available for 1inch Wallet’s users in the near future.

Banxa offers 12 local payment options coming with no conversion fees and supported in different countries along with 🏦 banking payment methods.

Moonpay has one of the most impressive coverages – it supports over 80 cryptocurrencies in more than 🌎 160 countries.

With Sardine and its instant ACH integration, users will avoid declined transactions. Plus, ACH facilitates higher limits.

🦾 Their payment system enables instant purchases of over 30 tokens with $25K/month total value, while also focusing on fraud detection algorithms.

💡 Other fiat-to-crypto on-ramp providers also offer major advantages.

Wyre enables high speed, since it can handle up to 6,000 transactions per second, while also supporting a plethora of cryptocurrencies.

🙌 Mercuryo’s strength is low transaction fees.

Transak is a fiat on-ramp aggregator that scans fiat on-ramp channels in different regions and supports various ways of payments.

Another feature, long-awaited by Android users, is NFTs support. It allows users to view information about their 🖼️ NFTs organized by collection assortment, as well as to send non-fungible tokens to other wallets.

⚠️ The Android version currently supports only NFTs on Ethereum, but adding more networks is part of a strategy to be implemented in the near future.

The 1inch Wallet is connected to OpenSea, the biggest and most popular NFT trading platform.

🙏 Thanks to that connection, users will see their new NFTs right after purchasing them on the marketplace, as they are automatically transferred to the wallet.

👉 Read more: https://blog.1inch.io/aggregation-of-on-ramp-providers-and-nft-support-added-to-the-1inch-wallet-for-android-e3d97befaf3b

➡️ Check it out: https://play.google.com/store/apps/details?id=io.oneinch.android