The DeFi project 1inch Network has launched the fifth version of its DEX liquidity-aggregator protocol. 1inch Router v5 will offer at least 10% gas savings per token swap versus other platforms, ForkLog representatives said.
Unlike 1inch Router v4, transactions will be around 5% cheaper.
In the fifth version they implemented Limit Order Protocol v3. Developers noted that in just over a year its share rose to 40%.
In the new version they implemented a new interaction logic, and added pre- and post-interactions.
An improved system for handling smart-contract errors has been implemented. It includes client errors. The latter explain to users, in a clear and economical way, why a particular operation failed.
The audit of 1inch Router v5 was conducted by Consensys, OpenZeppelin and ABDK Consulting. The project runs a bounty program.
The fourth version of the liquidity-aggregator protocol with DEX was introduced by the 1inch Network team in November 2021.
Earlier the project announced integration with Aurora, as well as announced a partnership with KuCoin Wallet and Wirex.
In September the team said it planned to distribute 300,000 OP tokens among its users.
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