TRON, one of the most popular blockchains nowdays just entered partnership with decentralized exchange (DEX) aggregator 1inch.
JustSwap will fully integrate with 1INCH and Mooniswap will integrate into TRON's blockchain.
The integration enables liquidity providers to capture more profits from the platforms, while protecting traders from front-running attacks.
JustSwap has achieved a $100 million 24-hour volume since its start.
“We believe that users and liquidity providers will benefit from Mooniswap’s implementation of virtual balances,” explains Sergej Kunz, co-founder of 1inch. “At the same time, Mooniswap will enjoy the best-in-class advantages that come standard with TRON’s blockchain. These include faster, cheaper service, high-throughput scalability, a huge developer community, and a massive social media following.”
TRON also plans to reward liquidity providers on Mooniswap with TRON tokens
About 1inch
1inch Exchange is a Decentralized Exchange (DEX) aggregator. It’s designed to roll liquidity and pricing from all major DEXes into one Platform, making it easy to get the best price for the desired trade. 1inch.exchange cracks the order to several decentralized exchanges likeUniswap Exchange, Kyber Network, Bancor and Radar Relay to avoid high price Slippage. Trades via 1inch can be cracked across exchanges, to minimize slippage and provide the best pricing possible. 1inch is also non-custodial, with all trades being performed within a single transaction from a user’s Ethereum-based wallet.
sources
- https://everipedia.org/wiki/lang_en/1inchexchange
- https://news.yahoo.com/tron-1inch-partner-justswap-mooniswap-150000040.html
- https://businesswire.com/news/home/20200910005453/en/
