Fantom Network is now supported in D’CENT Wallet’s built-in SWAP Service powered by 1inch!
In the latest update of D’CENT Wallet, we are thrilled to announce the extension of the built-in SWAP Service to provide support for the Fantom Network. With the latest integration, users can now freely swap between thousands of token assets that are available on the Fantom Network directly within D’CENT Wallet.
What is Fantom?
Fantom is a high-performance, EVM-compatible L1 blockchain protocol that is designed for scalability. Fantom Opera(the mainnet) is built on its own consensus(called Lachesis) mechanism which can facilitate high transaction speeds, low transaction costs and high throughput. High security and the designed characteristics for scalability makes Fantom the ideal network for deploying decentralized applications such as DeFi, Games, NFT, and Metaverse.
The built-in SWAP Service (1inch Network)
The built-in SWAP Service in D’CENT Wallet is powered by 3rd party service provider 1inch Network. The latest addition of the Fantom Network makes it the 4th blockchain network that is available for the users to perform tokens swapping directly within the wallet.
D’CENT App provides the customized UI/UX to accessing a larger base of tokens liquidity on the Fantom Network via the 1inch swap service. Our custom UI/UX provides streamlined service flow and offers transparency of the transaction details throughout the whole swap process.
The built-in SWAP Service in the D’CENT Wallet currently supports 4 blockchain networks including Fantom, Polygon, Arbitrum, and BNB Chain. Other networks are continuously being added through updates.
For fully detailed instructions on how to use the SWAP function, please refer to the D’CENT User Guide below.
[About Fantom Network]
Fantom (https://fantom.foundation) is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in 1 second and cost a fraction of a cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.
[About 1inch Network]
The 1inch Network (https://1inch.io) unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space. 1inch offers access to hundreds of liquidity sources across multiple chains, and includes the 1inch Aggregation Protocol, the 1inch Liquidity Protocol, the 1inch Limit Order Protocol and the 1inch Wallet — fast and secure mobile application for storing, receiving, sending and swapping crypto assets.
[About D’CENT Wallet]
D’CENT Wallet is created by IoTrust, a company founded by security experts with over 15 years of security know-how and engineering experience in developing deeply embedded security solutions based on secure-chip technology (SE and TEE). D’CENT Wallet aims to protect users’ digital assets by combining software and hardware security solutions. Users have the choice of using the Biometric Wallet, Card type Wallet, or the Software Wallet.