Stasis Wallet Introduces 1inch DeFi Swap Feature

The Decentralize Finance sector has experienced notable growth over recent years, leading to an increase in user-friendly applications and services. The rise of DeFi has transformed the dynamics of fintech as we know it. Stasis-issued cryptocurrency wallet’s latest update aligns with this ongoing transformation, bringing additional convenience to its user base.

In this regard, STASIS has announced a new Swap feature for its Android wallet application enabling users to efficiently exchange their EURS and other stablecoins for Ethereum (ETH) and Polygon (MATIC).

The Swap feature in Stasis Wallet currently supports the 1inch API, which provides diverse options for swapping digital assets directly within the application. The core component of the 1inch API is Pathfinder. This algorithm finds the most efficient paths for a token swap, able to split between different protocols and even different market depths within one protocol in the shortest possible time. The Stasis Wallet team has also indicated plans to include more protocols in the future, gradually increasing the service’s versatility.

An advantage of this update is the ability for users to exchange tokens directly within the STASIS Wallet application, removing the need to connect the wallet to external websites. This reduces complexity and increases the efficiency of token swaps.

In terms of cost, STASIS Wallet aims to maintain affordability for its users. There will be no additional fees charged for utilizing the new Swap feature. This aspect of the service encourages participation by keeping costs transparent and manageable!

For iOS users, the Swap feature is coming soon, extending the service to a wider audience and enabling more individuals to explore the benefits of DeFi.

In conclusion, the new Swap feature of Stasis Wallet adds functionality for its Android users, further integrating DeFi services into the platform. As DeFi continues to grow, advancements such as this from Stasis Wallet streamline the user experience and increase the overall accessibility of these financial services worldwide.

Don’t forget to update the STASIS app to the latest version!

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