1inch network joins forces with the Binance-backed travel agency Travala which will enable 1Inch holders to book different products on the website so let’s read more today in our latest cryptocurrency news.
1Inch network is a decentralized exchange aggregator platform that announced a new partnership with Travala and as a part of the latest step, the Binance-backed travel agency will add the 1Inch token as a new payment option on the platform. As per the press release, the integration will allow for the 1Inch token holders to book hotels and accommodation, over 600 airlines, and other activities in 230 countries and they will also be able to access various travel products by Travala.
Sergej Kunz, the 1Inch network co-founder said that the mass adoption of the company’s products and solutions is the priority of the aggregator. Kunz added that the integration will create a new utility for the token while offering exposure to most users. Juan Otero the CEO of Travala commented:
“In continuing our commitment towards mass cryptocurrency adoption, we’re very excited to partner with the 1inch Network to champion the growth of the crypto community and to bring a new use case to 1INCH. The team impressed me with their vision for their business, and I have no doubt that we will see them making waves in the crypto community.”
1inch network rolled out a spot price aggregator to attract data for assets that get traded on decentralized exchanges on the blockchain. The main goal of the tool was to solve information-related tasks and will support DEXs on Binance smart chain, Ethereum, Polygon, Optimistic, and Avalanche but also Ethereum, Gnosis Chain, and Arbitrum. 1Inch network joins forces with Travala and earlier this year, it also launched a new investment tool dubbed 1Inch Earn which focuses on incentivizing the liquditiy providers.
1Inch DEX aggregator announced the expansion of the protocol and the limit order protocol on Fantom. The move will help users access deeper liquidity and other alternatives for efficient and cheap swaps. With the expansion of the scalable Fantom protocol, plenty of protocols will make the transition as well. Some of these names include Solidly, Geist Finance, SpookySwap, SCREAm, Beethoven, Synapse, SushiSWAP, Morpheus Swap, and more.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]