Thread by @1inchNetwork

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🙌 Just imagine having a universal tool allowing you to build ♾ number of #trading strategies and getting you closer to 🚗 a cherished #Lambo...

Well, now you got one 🙃

⚡️Introducing the #1inch Limit Order Protocol!

More info ⤵️

#DeFi #crypto
blog.1inch.io/the-1inch-limi…

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📜 A limit order option has been available in the #1inch #dApp for a while, but, until recently, it was based on the @0xProject protocol.

🚀 Now, it has been replaced with the much more 🛠 efficient 1inch Limit Order Protocol.

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The #1inch Limit Order Protocol will be available on 🔷 #ETH, 🔶 #BSC, and 💠 #Polygon.

Supported token standards:

✅ #ERC20/#BEP20
✅ #ERC721
✅ #ERC1155

✳️ Other standards could be supported via external extension.

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📝 An epic list of all #1inch Limit Order advantages and features:

1️⃣ Charges no protocol fee
2️⃣ More gas efficient
3️⃣ Increased order execution chances
4️⃣ The execution time has been reduced
5️⃣ Dynamic prices
6️⃣ Conditional execution
7️⃣ Enables the fulfillment of RFQs

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➕ In addition, due to the dynamic pricing feature, the protocol can be used to power auctions.

Similarly, on top of the protocol, 🖥 complex, customized market-making tools could be built.

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🛡 Meanwhile, security is one of the most important concerns, and the #1inch Limit Order Protocol has been thoroughly audited.

📒 All #audit reports can be viewed ⤵️ here.

🎇 Enjoy the brand new 1inch Limit Order Protocol!
github.com/1inch/1inch-au…