1inch network upgrade (and new coming features)

[serrq]

https://www.cryptopolitan.com/1inch-network-upgrades-reducing-costs-to-16/

The most notable features are reducing swap fees costs and a new token approval mechanism.

• Cutting-edge technological enhancements

"In addition to the swap router improvements, 1inch has introduced a revolutionary unified order structure within its Limit Order Protocol.

The redesigned version seamlessly integrates traditional limit orders and high-performance RFQ orders into a single, streamlined protocol. The result is a protocol that is not only 14% more gas-efficient for upgraded limit orders and 3% more gas-efficient for RFQ-like orders but also highly extensible, supporting the innovative 1inch Fusion and RFQ. The platform encourages users and developers to delve into the technology and features of the 1inch Limit Order Protocol by exploring its source code on GitHub or reviewing the detailed documentation."

• Seamless trading with full Permit2 support

"A notable feature of the updated protocols is the full support for the permit2 functionality. The innovative feature allows users to execute trades without the need for token approval if they have previously traded the same token in other DeFi projects.

By eliminating redundant approval steps, permit2 not only streamlines the trading process but also enhances security by reducing the number of approvals users must grant.

The reduction in approval requirements significantly limits potential attack vectors, offering users a safer and more efficient trading experience."