The yellow wallet update integrates the 1 -inch merger exchange technology, offering an experience of transverse chain tokens exchange without seam and safe.
Yellow Network has updated his yellow wallet By integrating 1 -inch merger exchange technology, providing an perfect and safe transverse chain tokens exchange experience with incorporated protection against excessive rates.
1 inch, a prominent Decentralized exchange aggregator (DEX), is known to optimize operations by extracting liquidity from multiple platforms to ensure that users obtain the most favorable rates in several blockchains. Its merger exchange technology marks a great improvement for decentralized finance users (DEFI), since it takes advantage of a specialized execution model that safeguards merchants from frontal attacks and sandwiches. The system also improves exchange efficiency through transactions intelligently through the best liquidity groups available.
With this integration, yellow wallet users can now exchange tokens through different blockchains directly from their wallet balance. The exchange process is simple: select the token you want to exchange and its block chain in the “from” field, then choose the destination token and the block chain in the “A” field.
For use for the first time, token approval is required before starting swaps. After approval, users can proceed with operations by clicking on “Execute exchange”. The wallet also provides estimated rates in advance to ensure that users are completely informed before confirming their transactions.
“Only successful swaps incorporate rates: users pay nothing if the transaction fails,” said a yellow network spokesman. “If the exchange is not completed in 10 minutes, all funds are automatically returned.”
In addition, the yellow wallet now offers a transaction history function, which shows users the last 10 swaps with a clear categorization between transactions of the same chain and the cross chain. Each entry includes detailed state updates for transparency.
It is important to keep in mind that this service is restricted in certain jurisdictions, such as the United States, Iran, North Korea and other territories under sanctions. Attempts to omit these restrictions through VPN or other methods are strictly prohibited.
If the exchanged tokens do not appear immediately in a user’s wallet, Yellow Network reports the use of the “import asset” function, where users can manually add tokens by entering their contract addresses.
Discharge of responsibility: The information contained in this document is provided without considering its personal circumstances, therefore, it should not be interpreted as financial advice, investment recommendation or an offer or application for any transaction in cryptocurrencies.
