Klaytn metaverse blockchain integrates 1inch DEX aggregator as it looks to scale and improve token swaps and liquidity.
South Korea's most popular metaverse blockchain Klaytn is set to benefit from deeper liquidity and improved token swaps through a new partnership with decentralized finance protocol 1inch Network.as the country continues to see prolific nonfungible token and GameFi use. Klaytn is a product of tech behemoth Kakao, which commands a user base of some 52 million people that use its flagship KakaoTalk application and suite of software products.
The ongoing integration of layer two service chains is set to improve token management and oracle services on the metaverse blockchain. Klaytn reported $2.5 billion of total value locked on its protocol in March 2022 and the ongoing merge of various DeFi platforms creates further interoperability between different protocols.1inch’s integration with Klaytn provides both userbases access to the 1inch Limit Order Protocol v2, KokonutSwap, KlaySwap, Klap and ClaimSwap.