Optimal Execution for Token Swaps on Velvet
Amplify your trading experience on Velvet with our 1inch Integration! With 1inch's Swap API, transactions are distributed across DEXs to achieve maximum capital efficiency.
At Velvet Capital, our goal is to bring Asset Management on-chain. To execute our mission, one aspect is essential… trade execution and routing.
To find you the best pricing and optimal trade routing we integrated 1inch, one of the DeFi Trade Routing leaders. This gives Velvet users access not only to the best-executed price via routings to hundreds of DEXs through 1inch, but also to never-ending liquidity, optimized paths, and smart contract security.
What is 1inch?
1inch provides developers building financial products in crypto with powerful API’s to optimize pricing, trade execution, and the user experience. To date, 1inch has executed over 70M+ transactions, $400B+ in trade volume, and more than 11M+ unique wallets trading.
With their product, the Swap API through cutting-edge discovery and routing algorithm, 1inch finds and executes swaps at the best price on the market. 1inch finds the most efficient path or swaps Velvet Capital Vault Managers can now execute trades in the most efficient path with optimized pricing.
To find the best pricing, the 1inch Swap API does the following with Velvet Capital:
Queries prices from multiple DEXs give you the best quote possible (gas fees and the amount of tokens you will receive)
The Swap API’s trade routing algorithm then returns the optimal trade route, whether that’s through a single transaction or split across multiple sources bundled into a single user transaction (you can view the routing in BSC Scan following the execution of the trade)
This BSC Scan shows an example of 1inch trade routing in action. The user traded DOT for FET, and behind the Swap API found the best route on BNB Chain.
Lastly, on average when using 1inch users can save up to 40% on fees, versus going to a single DEX.
Simplify your DeFi Portfolio Management Experience with Velvet Capital
Velvet Capital adoption is going parabolic and TVL is up over $3M!
On the Velvet Capital V2, Asset Managers get access to high APY strategies and browse dozens of spot assets to make the best Vaults possible for them and others, with optimal trade routing through our many partners such as 1inch!
We also have an Airdrop on the way and are running our liquidity mining program on the V2, where depositors currently receive a 2x Airdrop Bonus until TVL hits $5M.
ONLY $2M LEFT DURING THE LIQUIDITY MINING PROGRAM!
SO YOU MAY WANT TO ACT FAST TO SECURE THE BIGGEST REWARD POSSIBLE IN THE VLVT AIRDROP!
Go to the V2: https://v2.velvet.capital/
Airdrop rewards are updated daily and viewable in the V2 App!
Points are based on:
TVL (Total Value Locked)
TVR (Total Value Referred)
TVM (Total Value Managed)
Refer 3 friends to the Velvet Substack and receive a free NFT