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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.