Blogs
on December 15, 2022
1inch Exchange Clone
Start building DeFi DEX aggregator like 1inch.io and explore the opportunities to earn through multiple products streams. As a DeFi maker, you can use our 1inch clone script and open the defi gateway for your users to enter. Replicate the 1inch defi wallet, DEX aggregator with options like aggregation protocols, limit order protocol, liquidity protocol, and 1inch earn models.
How to build DEX aggregator using 1inch Clone?
You can simply build DEX aggregator using 1inch clone we developed. 1inch clone has in-built features like swap, limit order, p2p orders, staking, liquidity protocol and Farming. Every feature is carefully coded using advanced technology stack similar to 1inch. 1inch is the fourth largest DEX aggregator according to the data, so that you'are safe to go with 1inch exchange like functionality.
Features of 1inch exchange clone script
1. Aggregation protocols
Aggregation protocols source the trade information from various decentralized exchanges and enable a single mode of translation that delivers the best exchange rates. Operated by smart contract, the protocol is encrypted and provides a safe place for users to have best EX trades.
2. Limit order protocol
Limit order protocol is defined by smart contract agreement that can run on any blockchain based on EVM such as(Ethereum, Binance Smart Chain, Polygon, Arbitrum, Optimism, Gnosis chain, Avalanche). It can offer enough flexibility to make the DEX trade with gas fee elimination. The protocol functions two main order types called Limit order and RFQ order.
3. Liquidity Protocol
The protocol allows users to lock their crypto assets in a specific liquidity pool to earn the interest and win tokens. By providing a liquidity source to the DEX ecosystem, the users can have unlimited earning opportunities like farming and mining. Through the use of tokens, the holders can participate even in the private token sales happening across other DEX.
4. Staking
Token holders can participate and vote in the organization proposal agreement. The token holders can also get added advantages like instant governance, DAO governance, and gas fee refunding when doing swap exchanges on the DEX aggregator.
5. P2P Deal
User to user exchange of tokens can be done privately. P2P order can minimize the price fluctuations happening in the aggregator since its' happening outside the platform. Fair price for exchanging tokens can be dealt with user communication.
Benefits of 1inch clone script
• Multiple blockchain networks supported
• Faster & secure transactions
• Readymade smart contract combination
• In-built liquidity sources
• Governance protocol integration
• Tokenomics roadmap
• Fluid user interface
• Flexible for customization
• Non custody wallet with tight security
1inch exchange clone development
Developing the 1inch clone involves a lot of background tasks combined. It starts from API integration, smart contract deployment, Liquidity pool creation, Wallet integration, dApps connectivity protocols and much more. We can do the 1 inch clone development process with all the deployment done securely without time delay.
Why to choose Hivelance for 1inch clone script?
We are named as the fast growing blockchain development company with accomplished projects in defi, dApp, Web3 solutions, NFT, Crypto Exchange, DEX, and other Blockchain based Fintech applications. Having the readymade 1inch clone script gives you competitive advantage to start the DEX aggregation platform without hassle.
Moreover, we have expertise in blockchain engineers who previously worked on the popular crypto exchange ventures. The guidance you get from us will shape your ideas into the sustainable MVP in less time.
Grab Up To 30% Off On Year End Deals for Our 1inch Clone Script. Kick-start your Own DeFi Exchange Platform within 15 days!!!
Original Source Link: https://www.hivelance.com/1inch-exchange-clone-script
Posted in: Business, Technology