DeFi protocol 1inch set to be the first to expand to the NEAR blockchain
Cointelegraph
Published Nov 24, 2020 08:00AM ET
Updated Nov 25, 2020 10:20AM ET
The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform.
As part of a collaboration announced on Tuesday, the 1inch team pledged to port its automated market maker protocol to NEAR. Sergej Kunz, CEO of 1inch, told Cointelegraph that its Pathfinder aggregation algorithm will be eventually implemented as well.
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Written By: Cointelegraph
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