1inch’s Swap API powers Rewardy Pockets’s gasless, cross-chain swaps on 5 networks utilizing RWD charges and EIP-7702, eradicating native gasoline token hurdles for DeFi.
Abstract
- Rewardy Pockets integrates 1inch’s Swap API so customers can swap throughout Ethereum, BNB Chain, Base, Arbitrum and Optimism with out holding native gasoline tokens.
- Gasoline charges are paid in Rewardy’s RWD token through account abstraction and EIP-7702, eliminating community switching and stranded transactions for non-experts.
- 1inch and Rewardy pitch the mixing as a step towards billion‑person DeFi, promising seamless UX with out sacrificing self-custody or routing high quality.
Decentralized trade aggregator 1inch has partnered with Rewardy Pockets to allow customers to swap tokens throughout a number of blockchains with out holding native gasoline tokens corresponding to Ether, Binance Coin or Polygon’s native token, the businesses introduced.
The combination incorporates the 1inch Swap API into Rewardy Pockets’s in-app swap interface, permitting customers to execute cross-chain swaps whereas paying transaction charges in Rewardy’s native token, RWD, in accordance with a press release. Rewardy Pockets now helps the 1inch Swap API throughout 5 blockchain networks.
The replace removes the requirement for network-specific gasoline tokens, addressing what trade observers have recognized as a persistent barrier to decentralized finance adoption. The requirement to carry the proper native token for every chain has traditionally resulted in stalled or failed transactions and added complexity to cryptocurrency transactions.
Via the mixing, Rewardy Pockets positive factors entry to 1inch’s aggregation and routing infrastructure. In keeping with the corporate, customers obtain optimized pricing and liquidity throughout supported chains, executed inside Rewardy’s in-app swap setting.
The system permits swapping throughout Ethereum, BNB Chain and different supported networks with out requiring customers to handle community settings or gasoline property manually.
Rewardy Pockets operates utilizing account abstraction and gasless person expertise rules, with the gas-free swap expertise enabled by EIP-7702, a technical commonplace that permits transaction charges to be paid utilizing RWD as a substitute of native community tokens.
“DeFi continues to be too difficult for most individuals, and gasoline tokens are one of many largest causes,” stated Yoon Jeon, CEO of Rewardy Pockets, in a press release. “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.”
Sergej Kunz, co-founder of 1inch, said that the mixing helps the corporate’s purpose of increasing accessibility. “If DeFi is to achieve its first billion customers, the expertise should be seamless and safe,” Kunz stated. “Via the mixing of our Swap API, wallets like Rewardy are serving to drive a extra intuitive and accessible future for customers.”
The combination helps swaps throughout Ethereum, BNB Chain, Base, Arbitrum and Optimism. The partnership represents a continuation of 1inch’s technique of embedding its infrastructure into consumer-facing platforms, in accordance with the corporate.
