Source: Cryptonews
Original Title: 1inch–Rewardy deal kills gas tokens for DeFi swaps on 5 chains
Original Link:
Overview
Decentralized exchange aggregator 1inch has partnered with Rewardy Wallet to enable users to swap tokens across multiple blockchains without holding native gas tokens such as Ether or other chain-specific tokens.
Key Highlights
Rewardy Wallet integrates 1inch’s Swap API so users can swap across Ethereum, BNB Chain, Base, Arbitrum and Optimism without holding native gas tokens.
Gas fees are paid in Rewardy’s RWD token via account abstraction and EIP-7702, eliminating network switching and stranded transactions for non-experts.
1inch and Rewardy position the integration as a step toward billion-user DeFi, promising seamless UX without sacrificing self-custody or routing quality.
Integration Details
The integration incorporates the 1inch Swap API into Rewardy Wallet’s in-app swap interface, allowing users to execute cross-chain swaps while paying transaction fees in Rewardy’s native token, RWD. This update removes the requirement for network-specific gas tokens, addressing a persistent barrier to DeFi adoption.
Historically, the requirement to hold the correct native token for each chain has resulted in stalled or failed transactions and added complexity to cryptocurrency transactions. Through the integration, Rewardy Wallet gains access to 1inch’s aggregation and routing infrastructure, providing users with optimized pricing and liquidity across supported chains.
Rewardy Wallet operates using account abstraction and gasless user experience principles, with the gas-free swap experience enabled by EIP-7702, a technical standard that allows transaction fees to be paid using RWD instead of native network tokens.
Industry Impact
“DeFi is still too complicated for most people, and gas tokens are one of the biggest reasons,” said Yoon Jeon, CEO of Rewardy Wallet. “By partnering with 1inch and leveraging EIP-7702, we’re removing unnecessary steps and making swaps feel as simple as any modern financial app without compromising on self-custody or execution quality.”
Sergej Kunz, co-founder of 1inch, stated that the integration supports the company’s goal of expanding accessibility. “If DeFi is to reach its first billion users, the experience must be seamless and secure. Through the integration of our Swap API, wallets like Rewardy are helping drive a more intuitive and accessible future for users.”
The partnership represents a continuation of 1inch’s strategy of embedding its infrastructure into consumer-facing platforms.
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ConfusedWhale
· 18h ago
Wow, is the gas swap really here? Now small coin players can finally breathe a sigh of relief.
View OriginalReply0
DegenRecoveryGroup
· 18h ago
Damn, finally someone is solving the gas fee problem, with seamless cross-chain integration across five chains. This is what I want to see.
View OriginalReply0
SchrodingerWallet
· 18h ago
Wow, finally someone has solved the big problem of gas fees? But there are still 5 chains, when will the entire ecosystem be covered?
View OriginalReply0
NftDeepBreather
· 18h ago
Hmm, cross-chain swapping without holding gas coins? Now retail investors can finally breathe a sigh of relief. It feels great not to have to stock up on coins on every chain.
View OriginalReply0
StakeWhisperer
· 18h ago
Cross-chain swap without gas? Now it's really pushing the limits...
1inch-Rewardy Integration Enables Gasless Cross-Chain Swaps on 5 Networks
Source: Cryptonews Original Title: 1inch–Rewardy deal kills gas tokens for DeFi swaps on 5 chains Original Link:
Overview
Decentralized exchange aggregator 1inch has partnered with Rewardy Wallet to enable users to swap tokens across multiple blockchains without holding native gas tokens such as Ether or other chain-specific tokens.
Key Highlights
Integration Details
The integration incorporates the 1inch Swap API into Rewardy Wallet’s in-app swap interface, allowing users to execute cross-chain swaps while paying transaction fees in Rewardy’s native token, RWD. This update removes the requirement for network-specific gas tokens, addressing a persistent barrier to DeFi adoption.
Historically, the requirement to hold the correct native token for each chain has resulted in stalled or failed transactions and added complexity to cryptocurrency transactions. Through the integration, Rewardy Wallet gains access to 1inch’s aggregation and routing infrastructure, providing users with optimized pricing and liquidity across supported chains.
Rewardy Wallet operates using account abstraction and gasless user experience principles, with the gas-free swap experience enabled by EIP-7702, a technical standard that allows transaction fees to be paid using RWD instead of native network tokens.
Industry Impact
“DeFi is still too complicated for most people, and gas tokens are one of the biggest reasons,” said Yoon Jeon, CEO of Rewardy Wallet. “By partnering with 1inch and leveraging EIP-7702, we’re removing unnecessary steps and making swaps feel as simple as any modern financial app without compromising on self-custody or execution quality.”
Sergej Kunz, co-founder of 1inch, stated that the integration supports the company’s goal of expanding accessibility. “If DeFi is to reach its first billion users, the experience must be seamless and secure. Through the integration of our Swap API, wallets like Rewardy are helping drive a more intuitive and accessible future for users.”
The partnership represents a continuation of 1inch’s strategy of embedding its infrastructure into consumer-facing platforms.