Ethereum
There’s loads going on in the PieDAO bakery and beyond today, so I’m going to keep this short and sweet.
It’s been an exciting time in decentralised communities following Eth 2.0’s deposit contract going live. Vitalik deposited 3200 Eth into the contract. Eth and BTC have continued to grow. DeFi drawback has seen relief.
(Our DeF+L index has climbed 19.4% in the last 24 hours.)
1inch
One development that caught my attention was 1Inch’s V2 announcement.
1Inch is a dex aggregator that finds you the best prices across decentralised exchanges.
The team released an excellent announcement blog here.
Tl;dr:
New pathing improves pricing and gas efficiency
New gorgeous UI featuring graphs
Faster (quote time 6s down to 0,4s, page load 5s down to 1s)
Here’s what it’s looking like today:
V2 provides access to all major protocols:
Uniswap V1, Uniswap V2, WETH, Balancer, Curve, Chai, Sushiswap, Kyber, Oasis, Mooniswap, Compound, Aave, Yearn, Bancor, PMM, C.R.E.A.M. Swap, Swerve, BlackholeSwap, Value Liquid, DODO, Shell.
It also enables users to get hold of Aave and Compound’s collateral tokens with just one transaction. Very cool!
Audits
Alongside the user savings through price discovery and gas optimisation, improved UX and other new features, V2 has gone through rigorous security testing:
“1inch v2 smart contract has passed 5 security audits: Certik, Hacken, Scott Bigelow, Mix Bytes and Chainsulting. We are waiting to receive completed audits from OpenZeppelin, Consensys diligence, SlowMist, Haechi Labs, Coinfabrik soon.”
Read the official announcement here, and check out the new design yourself.