1inch has recently unveiled a major upgrade dubbed the 'Fusion mode', aimed at refining its exchange and limit order functionalities. These enhancements empower users with greater efficiency, enabling them to execute exchanges and limit orders with a remarkable 16% reduction in transaction costs.
At the core of this upgrade lies the 1inch Swap engine, which is now revamped under the Fusion upgrade. The primary objective is to provide investors with a trifecta of benefits: cost-effectiveness, security, and profitability in their swap transactions. The Fusion mode introduces an approach which now allows investors to place orders at predetermined prices and timeframes without paying network fees. This upgrade also includes many other network enhancements such as - updated staking contracts and a refined tokeneconomics.
With 1inch Fusion, users now gain access to a more favourable, competitive swapping environment without the need for native tokens for gas fees and it also effectively prevents front-running (MEV bot) attacks. A great upgrade to their already fabulous platform.
Key Benefits of Fusion Mode:
- Swap without using native assets within specified price and time parameters.
- Protection against MEV bots.
- Mitigation of price impact.
- Zero cost for unsuccessful transactions.
- Faster execution. Show Less
