This partnership will allow users to easily enter and exit the Beefy Vault using any token.
1 inch joins Beefy
of 1 inch network We are pleased to announce our partnership with Sturdya multi-chain yield optimizer, 1 inch API powers ZAP V2, a tool that allows users to enter Beefy’s yield earnings product from any asset.
“We consider 1inch to be the perfect partner to help us deliver our ZAP tools,” he said. Ocular, Head of Developer Operations at Beefy. “The Beefy application can query her 1inch public API and display the rates 1inch offers users to know exactly how much it costs to vault with a single click.”
“We are delighted to be working with Beefy, as this partnership will drive a better user experience, which in turn will help more users join the DeFi space.” Sergey Kunzco-founder of 1inch.
The partnership is focused on powering Beefy’s new version of ZAP with the 1 inch API. It is a tool that allows users to receive attractive returns on Beefy’s profitable products without having to deal with coins other than what they already have in their wallet.
1inch API is currently powering Beefy’s ZAP V2 available on BNB Chain, Polygon, Optimism, Arbitrum, Fantom, Avalanche and Aurora.
The user selects a vault and[Deposit]tab’s[Select Token]Click the dropdown menu to select the asset you want to deposit and you will see the routes suggested by 1inch and Beefy in the Zap Route section. Users can see an estimate of how much they will receive after all costs have been deducted and select their preferred slippage level.
To celebrate the release of ZAP V2, Beefy will be hosting a promotional launch party in January. This party allows users to utilize the tool at no additional charge. After that period, each transaction will be subject to his 0.05% commission.
Additionally, Beefy will run a further promotion during the launch party where Optimism’s ZAP V2 users will receive a special distribution share of 5,000 OP tokens.
Stay tuned for news about 1inch Network partnerships and integrations.
*This post is a guest post*
1 inch is:
1inch is a decentralized exchange (DEX) aggregator, offering the best rates by discovering the most efficient swapping routes on all major DEXs. 1inch works with multiple networks including Ethereum, BNB Chain, Polygon and Optimistic Ethereum.
1 inch location:
website | twitter | | medium | medium | cacophony | telegram |
