?? Praise the arrival of 1inch Limit Order Protocol v2 in all its beauty and power!

⚠️ Spoiler: We weren’t kidding when we said that we’re embarking on a mad crusade against high gas fees in DeFi.

? In the new release, code was refactored, optimized and simplified, with different types of orders moved to separate files. This led to the improved user experience, as transactions became ? cheaper. ❤️ A few vital features were added.

⛽️? Gasless limit orders for ETH:

This functionality facilitates gasless swaps of tokens into ETH.

? It is a unique feature that no other limit order protocol offers as it ✅ enables users who don’t have ETH to make trades with tokens that support permits. ? Currently, 112 tokens on Ethereum, 33 tokens on BSC and 15 tokens on Polygon support permits.

? To start using 1inch protocols, a user who has at least one token that supports permits, doesn’t need to buy ETH or transfer it from another exchange.

⚙️ Support for DAI-like permits ⚙️

✳️ In v1 of the 1inch Limit Order Protocol, there were already many tokens with permit support.

? In v2, the list of supported permits was expanded to cover the old permit implementation, such as in the DAI token.

? Optimized RFQ ?

The RFQ feature was optimized to become even more efficient, offering new opportunities for market makers. ? A market maker can now set a specific taker for a fill with a permit. This improves protection of market makers from possible abuse.

▶️ You can find 1inch LOP v2’s code on github.com/1inch/limit-order-protocol.? For more on limit order functionality in general and comparisons of the 1inch Limit Order Protocol with competing solutions, check out this post by 1inch co-founder Anton Bukov: https://blog.1inch.io/anton-bukov-1inch-network-limit-order-protocols-offer-more-flexibility-and-efficiency-to-dex-6c996c81d1e4

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The 1inch Limit Order Protocol v2 is released

Among the improvements is a breakthrough feature enabling users to gaslessly swap into ETH dozens of tokens that support permits.

⚡️ BREAKING ? The 1inch Foundation will sponsor Skynet and the rise of machines!

? Just kidding ?

?? We’re happy to announce that the 1inch front-end is now deployed to Skynet with full support for Homescreen.

? With Homescreen, users can load their saved versions of the site to access the 1inch protocol. ? As a result, there is no central hosting provider and, consequently, no single point of failure. ? Lately, Web3 and DeFi have been struggling with a solution for properly decentralizing their front-ends.

? 1inch is changing this, acknowledging that users deserve to have control over how they access and interact with DeFi protocols.

? For Web3 to be fully decentralized, its apps need to be hosted on decentralized storage. ? DeFi teams are considering how to increase the ? security of their products through decentralizing their front-ends. 1inch realizes this need and has taken such a vital step.

?‍? The 1inch contributors team publishes updates using a single skylink, and when you add that skylink to your list of Homescreen apps, the latest version saves to your MySky storage.

➡️ Read more: https://blog.1inch.io/1inch-integrates-with-skynets-homescreen-29154800437

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1inch integrates with Skynet’s Homescreen

Thanks to the integration, users will be able to add the 1inch dApp to their Homescreen, saving the entirety of the site’s code and assets…

?? Meet another creative collab in the DeFi space!

? We are thrilled to announce a large-scale NFT collaboration between the 1inch Network and Parts of Four (P4), one of the largest independent luxury jewelry brands in the world.

A joint collection by ? 1inch and ? Parts of Four will debut as a Mystery Box drop on Binance NFT Marketplace on Dec. 13.

? The NFT collection of digital jewelry is based entirely on the Parts of Four catalog, employing an alchemy-based NFT approach.

? Btw, the collection will also be part of a game focused on acquiring and forging rare wearables, usable in every way across P4’s upcoming Greater Metaverse.

? In total, 22K NFTs of 31 versions will be minted across 7 levels of sophistication. The NFTs will be offered at 25 BUSD each.

? The P4 Metaverse expansion will begin with a simple ERC-20 community token, P4C and quickly move towards an NFT platform based on BSC, enabling users to acquire, forge, and merge Parts of Four NFTs.

? The Parts of Four ecosystem is set to promote interaction with the physical world via embedded tech, AR, and bi-directional swaps via the P4 platform.

?? The 1inch and P4 collaborative NFT collection will be featured prominently on P4’s future NFT platform as a harbinger of its principles and aesthetic.

➡️ Read more: https://blog.1inch.io/1inch-launches-collaboration-with-parts-of-four-dd209cb15631

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1inch launches collaboration with Parts of Four

A joint NFT collection by 1inch and Parts of Four will debut as a Mystery Box drop on Binance NFT Marketplace.

? Behold! ? A perfect combo of the most secure and profitable solutions in one single announcement!

? We’re happy to share that the 1inch dApp has been added to Ledger Live app.

The 1inch dApp available through Ledger Live enables users to exchange one crypto for another at the ? best rates while enjoying the ? safety of their hardware wallets.

✅ One major advantage of using Ledger is that users’ ? private keys are tightly ? secured within their Nano hardware wallets, guaranteeing a hack-proof experience when managing crypto belongings.

??The combination of Ledger Live and the 1inch dApp opens to Ledger users a gateway to the Web3 galaxy.

✳️ For instance, they can buy ETH at the most attractive rates via 1inch and then stake the tokens with Lido.

➡️ More info: https://blog.1inch.io/the-1inch-dapp-added-to-ledger-live-d347474e1952

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The 1inch dApp added to Ledger Live

A combination of 1inch and Ledger tech facilitates competitive swap rates while keeping users’ digital belongings fully secure.

? We never thought that 1inch would achieve this golden milestone in such a short period of time. ?? $100B IN TOTAL TRADING VOLUME ON THE ETHEREUM NETWORK!

Congrats to all 1inch Community participants ??

? http://dune.xyz/1inch