The 1inch network has confirmed its expansion into Polygon, the fastest-growing scaling solution on Ethereum.
Sergej Kunz, the co-founder of 1inch Network, added that the 1inch Governance Protocol is expected to expand over to Polygon in the upcoming few weeks.
The 1inch network early in the year went live on the Binance Smart Chain (BSC) but according to Sergej Kunz, the co-founder of the project, there has been demand from the community to make Polygon also available for swapping. Initially, the project launched on Ethereum but moved to BSC amid surging gas fees. The team has now confirmed the successful expansion into Polygon on Thursday.
According to a blog post, in the initial stages, the integration will offer users liquidity from Curve Finance, SushiSwap, QuickSwap, Aave V2 and Cometh, while more protocols will gradually be added. With DeFi attracting massive attention and billions in investment, 1inch holds great promise as a DeFi aggregator. 1inch currently has roughly $20
