Magic Square Integrates 1inch Swap API with Upcoming Swap Competition
Tuesday, 16 April 2024, 13:00
Magic Square Integrates 1inch Swap API with $25,000 Swap Competition
Magic Square, a Web3 app store, has integrated the 1inch Swap API, offering users unprecedented swap conditions. The platform also announced the SQR Swap Competition, valued at $25,000, to incentivize user engagement. This integration elevates Magic Square's utility and efficiency for its user base.
Groundbreaking swap conditions
- 1inch: Supports 12 networks and over 380 liquidity sources.
- Total swaps: Exceeded 30 million with a volume exceeding 300 billion.
The integration of the 1inch Swap API enhances user experience and rewards within Magic Square.
User rewards and the path forward
- Rewards: Users earn Karma points based on swap volume, encouraging active participation.
- Magic Karma: Allocates points for various activities, boosting demand for the SQR token.
By offering additional rewards, Magic Square aims to create a more engaging ecosystem for users.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.