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<h4>With the integration of 1inch Swap API, you can get everything you want in one place without checking through several exchanges. </h4> 
Here’s the deal: this integration also led to a $25,000 competition; $SQR swap. Read on to find out what’s in it for you. 
<h5>Magic Square Adds 1inch Swap API and Hosts $25K Competition</h5> 
<a href="https://magicsquare.io/" target="_blank" rel="noopener">Magic Square</a>, a Web3 app store, announces its integration of the 1inch Swap API and a competition with a $25,000 reward. The competition has full support from top industry players like Binance Labs and Crypto.com Capital. 
Magic Square has over 1,100 apps and games and a large user base, making it a platform that stands out to Web3 enthusiasts. The User Interface is second to none if you look through its website. It is easy to explore and a beautiful sight to behold. 
Integrating the <a href="https://1inch.io/" target="_blank" rel="noopener">1inch Swap API</a> will improve the platform by providing access to liquidity sources across 12 blockchains. With 1inch Swap API, you can swap tokens within the Magic Square ecosystem. You do not need to look for another platform to swap your tokens before purchasing an item in the Web3 app store. 
Andrey Nayman, Magic Square’s CEO, said integration is an achievement that will further reduce the hassle of swapping tokens) and offer rewards within Magic Square. 
Also, Alexandra Fetisova, Partners and Community Lead at 1inch expressed her excitement over the partnership’s ability to improve decentralized finance (DeFi) for users. This partnership also introduced a remarkable feature: Magic Karma, a reward system. With Magic Karma, you can get incentives for participating in campaigns, inviting others, and swapping with the platform. 
<h5>About the competition</h5> 
The $SQR competition, with a $25,000 price tag, rewards you based on your swap volume. Your swap transactions earn you Karma points, accumulating to give you a position in the competition. Magic Karma is an extra utility feature on Magic Square. Its native token is <a href="https://coinmarketcap.com/currencies/magic-square/" target="_blank" rel="noopener">$SQR</a>, currently trading at $0.46. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Celebrate the integration of <a href="https://twitter.com/hashtag/1inch?src=hash&amp;ref_src=twsrc%5Etfw">#1inch</a> Swap API into <a href="https://twitter.com/MagicSquareio?ref_src=twsrc%5Etfw">@MagicSquareio</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;"> with a contest! 
 100 users with the highest swap volume on <a href="https://twitter.com/hashtag/MagicSquare?src=hash&amp;ref_src=twsrc%5Etfw">#MagicSquare</a> will share $25K in <a href="https://twitter.com/search?q=%24SQR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SQR</a>. Plus, 10 lucky ones will get $100 each for RP <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f503.png" alt="🔃" class="wp-smiley" style="height: 1em; max-height: 1em;"> both announcements. 
 Full rules here <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2935.png" alt="⤵" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/iIfFRyGA3N">https://t.co/iIfFRyGA3N</a> 
 — 1inch Network (@1inch) <a href="https://twitter.com/1inch/status/1775872939100917975?ref_src=twsrc%5Etfw">April 4, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Exciting news? Magic Square did a huge one by setting aside $66 million worth of SQR as a grant. This grant supports projects listed on its platform. That’s not all. 
Magic Square is preparing to launch a launchpad. With these exciting events and developments, Magic Square offers a lot beyond being a Web3 app store. 
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<h6>Disclaimer</h6> 
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/magic-square-adopts-1inch-swap-api/">Magic Square Adopts 1inch Swap API</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

Magic Square Adopts 1inch Swap API

Altcoin Buzz

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