Singapore, Singapore – (Newsfile Corp. – December 10, 2021) – 1Sol.io is being developed as a cross-channel DEX aggregator specifically on Solana, born to bring together DeFi and CeFi liquidity (swap, order book, DEX, OTC, etc.) for multi-channels. It uses a peer-to-peer network to share orders, extract data and efficiently route orders across all available sources of liquidity.

1Soil

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1Sol has the ability to find the most profitable route among the various DEXs. By optimizing slippage, trading fees and token prices, and automatically executing trade orders, it helps users make more profitable trades.

1Sol is more efficient than any manual check, and it enables complex roads and trade routes with lower gas costs spent on Solana. Benefit 1Sol smart calculator Based on Dijkstra’s improved algorithm, the best trading path is plotted among multiple trading markets, DeFi / CeFi and OTC.

1Soil

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DEX aggregation request on Solana

Solana, Ethereum’s biggest competitor, supports multiple decentralized financial transactions, allowing users to trade tokens and other digital assets. The advantages of Solana include high speed, low cost and censorship resistance, providing more possibilities for trading operations.

Solana recently became the seventh largest cryptocurrency in the world (as of September 7, 2021). The need for a DEX aggregator on the Solana blockchain will grow exponentially along with the Solana DEX trading volume. Therefore, a cross-chain DEX / DeFi aggregator will bring great benefits to the prosperity of the Solana ecosystem.

1Sol.io aims to serve as the go-to trading portal for trading on Solana by ensuring a transparent, efficient and secure trading experience. Each user will receive a full set of price, slip and cost information from all DEXs to identify the most profitable deal based on cross-chain aggregation.

The story continues

1Soil the DEX cross-chain aggregator

1Sol builds on the development work of DEXs and earlier aggregators and takes advantage of the new multichannel network architecture to pool liquidity. Solana has the fastest transaction speed, which gives 1 Sol the natural advantage as a cross-chain DEX aggregator. 1Sol acquires DEX swap rates on the fastest blockchain and trades on DEX on the slowest blockchain.

1Sol uses smart algorithms, allows users to trade on different blockchain ecosystems, providing greater liquidity, greater variety of assets, trading volumes and expanding the available market to the decentralized financial space.

Technical highlights of the 1Sol protocol

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Utility and distribution of tokens

The native token of the 1Sol protocol is 1SOL, which will be distributed over Ethereum in the first step. After the launch of the mainnet on Solana, the bridge between Ethereum and Solana will allow its cross-chain function in the near future.

The 1SOL utility token will encourage participation in governance, secure funds for ecosystem development and a security stake in meeting network needs. And participation in the governance of the Cross-Chain liquidity protocol will be highly rewarded.

• Agriculture: 1Soil Token Liquidity Pools and Yield Farming Features

• Delivery: Lower transaction costs and inter-chain losses

• Governance : Vote for swaps and markets to aggregate or terminate

By combining the part division and path finding algorithms, 1SOL can save users a lot of money. 1Sol will share the savings with the users. The exact percentage and the sharing pattern will be decided by the 1SOL token holders by vote.

About 1Sol

1Sol.io is currently on the main network, with a community of 180,000 members. Starting with the aggregation of the main Solana DeFi projects (Raydium, Serum, Saber and Orca aggregated), 1Sol aims to be the fastest and most comprehensive DeFi aggregator on the market.

Early supporters of the 1Sol protocol include Solana Capital, NGC Ventures, Axia8 Ventures, Bitscale Capital, etc.

Roadmap

2021 Q3: DEX MVP aggregator launched on test network and official website;

Q4 2021: launch of the main network, integration with the best swaps, deployment of inter-chain aggregators on ETH, Polkadot, etc. ;

2022 Q1: extension to multi-swaps, upgrade to v2 algorithm, inter-chain liquidity and bridge.

[Website] https://1sol.io

[Deck] https://file.1sol.io/static/1Sol%20Protocol%20Pitch%20Deck%20v0.7.pdf

[GitHub] https://github.com/1sol-io

[Twitter] https://twitter.com/1sol Protocol

[Telegram] http://t.me/onesolcommunity

[Metrics] https://docs.google.com/spreadsheets/d/10R76J2OLJTiEZ3KCqYgBxvi1R_dllBAF-ackUvi9AWw/edit#gid=75981898

1Soil

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Contact:
1Soil
[email protected]

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