Rewardy Integrates 1inch for Gasless DeFi Swaps Across Five Blockchain Networks

1inch has teamed up with Rewardy Wallet to allow users to perform gasless token swaps across multiple blockchains, eliminating the need for native gas tokens. This integration aims to simplify the decentralized finance (DeFi) experience for users by allowing transaction fees to be paid with Rewardy's native token, RWD.

Key Takeaways

Gasless Swaps: Rewardy Wallet users can now swap tokens across five blockchains without needing native gas tokens.
Integration: 1inch’s Swap API is integrated into Rewardy Wallet, enabling the use of RWD for transaction fees.
Accessibility: This partnership addresses barriers to DeFi adoption and simplifies the transaction process.
Supported Networks: The integration supports swaps across Ethereum, BNB Chain, Base, Arbitrum, and Optimism.

Rewardy Wallet integrates 1inch for gasless DeFi swaps

Main Content

Decentralized exchange aggregator 1inch has announced a partnership with Rewardy Wallet, allowing users to swap tokens across various blockchains without the need to hold native gas tokens like Ether, Binance Coin, or Polygon's native token. This collaboration integrates 1inch’s Swap API into Rewardy Wallet’s in-app swap interface, enabling users to perform cross-chain swaps while using Rewardy’s native token, RWD, to cover transaction fees.

This significant update eliminates the necessity for network-specific gas tokens, which has been recognized as a continuous challenge hindering the adoption of decentralized finance. Traditionally, the requirement to possess the appropriate native token for each blockchain has often resulted in delayed or failed transactions, complicating the cryptocurrency transaction process.

Thanks to this integration, Rewardy Wallet now fully leverages 1inch’s aggregation and routing infrastructure. Users can expect enhanced pricing and liquidity across supported chains, which are executed seamlessly within Rewardy's in-app swapping environment without the need to manage network settings or gas assets manually.

Rewardy Wallet employs principles of account abstraction and a gasless user experience. The elimination of gas fees for transactions is facilitated by EIP-7702, a technical standard that allows users to pay transaction fees using RWD rather than the native tokens of each network.

Yoon Jeon, the CEO of Rewardy Wallet, emphasized the importance of simplifying DeFi, stating, "DeFi is still too complicated for most people, and gas tokens are one of the biggest reasons. 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, acknowledged the significance of this integration in promoting accessibility. “If DeFi is to reach its first billion users, the experience must be seamless and secure,” Kunz remarked. “Through the integration of our Swap API, wallets like Rewardy are helping drive a more intuitive and accessible future for users.”

The integration supports swaps across Ethereum, BNB Chain, Base, Arbitrum, and Optimism. This partnership continues 1inch's strategy of embedding its infrastructure into user-friendly platforms, making DeFi accessible to wider audiences.