In the latest updates, 1ich is moving forward to enable Bitcoin through defi -swaps, with Solana integration recently introduced and improvement of its Bitcoin capacity that is expected soon. But as it goes now, this steps the concerns about liquidity deviations between networks and strives to improve the functionality of the wave chain for society.
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Bitcoin’s Roll in 1-in Defi-Swapps, Solana Integration and the Growth Call
Soana-integration expands capacity between chains
Sergei KunzCo -founder of 1imch, pronounced:
“We are pleased to announce the integration of Solana – this is a bit of a much larger puzzle and an important step forward for us.”
1inch’s bitcoin in defi -swaps will be improved through this integration, as more and more liquidity sources become available through a single interface.
Bitcoin -Integration will come next
Kunz gave his side of the story of what Bitcoin integration will look like:
“Bitcoin is next. There is a huge amount of Bitcoin out there – it represents the largest liquidity pool in the entire crypto gym. That’s why we plan to integrate bitcoin for seamless prey.”
On the road, this project aims to enable direct, reliable and partyless Bitcoin exchanges most with the goal of improving the safety of the defi environments through smart high-level contracts.
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Improvements of security and user experience
Security remains central in this moment in the expansion of the 1-in chain. The platform has invested heavily in protecting users from market voltility in crypto and potential attacks such as MeV (maximum extractable value), which has become a growing problem.
In an interview Kunz shared the following insight:
“We invest a lot in security audits. I believe that the 1-in Foundation spent approximately $ 500,000 on security for the latest edition of cross-chain, which is a significant amount.”
Intent-based fusion changes simplifying communications and improving the safety between different blockchain networks, and this intuitive strategy captures throughout the business.
Expands in addition to Cryptocurrency
1 -in -bitcoin on the Defi changes of the ecosystem is a milestone in the company’s vision to utilize between decentralized and ordinary financial markets. 1inch is a project that develops a way to introduce commitment with card products to help them use digital assets that will facilitate transactions in the real world.
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After covering Bitcoin, the company will add blockchains as SUI and Aptos and strive to unite liquidity among divided defi networks and mitigate the ever-present scalability problem for users all over the world.