Ethereum

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<div class="coinjournal">
 <ul>
 <li>Lido has announced support for 1inch as a withdrawals aggregator.</li>
 <li>1inch will allow ETH stakes to skip the withdrawal queues with instant swaps between staked Ether (stETH)/wrapped staked Ether (stETH) and Ethereum (ETH.</li>
 </ul>
 Lido, the top liquidity staking protocol for Ethereum, has announced <a rel="noopener noreferrer nofollow" title="support" href="https://thebittimes.com/tag/support.html">support</a> for <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a> as a <a rel="noopener noreferrer nofollow" title="withdrawal" href="https://thebittimes.com/tag/withdrawal.html">withdrawal</a>s <a rel="noopener noreferrer nofollow" title="aggregator" href="https://thebittimes.com/tag/aggregator.html">aggregator</a>.
 The Lido team noted in their announcement on Wednesday that adding the decentralized exchange aggregator allows users to access instant swaps for their staked Ether (stETH) and wrapped staked Ether(wstETH). The feature also works for Ethereum (ETH).
 “1inch is a DeFi aggregator optimised for Ethereum, BNB Chain, Optimism, Polygon and other chains. By aggregating prices across hundreds of DEXs, 1inch guarantee you the best rates for all trades,” Lido posted on X.
 <a rel="noopener noreferrer nofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> stakers on Lido can unstake their st<a rel="noopener noreferrer nofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> or wst<a rel="noopener noreferrer nofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> via DeFi <a rel="noopener noreferrer nofollow" title="aggregator" href="https://thebittimes.com/tag/aggregator.html">aggregator</a>s, which allows them to skip <a rel="noopener noreferrer nofollow" title="withdrawal" href="https://thebittimes.com/tag/withdrawal.html">withdrawal</a> queues by enabling st<a rel="noopener noreferrer nofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> to <a rel="noopener noreferrer nofollow" title="ETH" href="https://thebittimes.com/tag/eth.html">ETH</a> swaps within minutes. With <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a>, stakers can tap into a fast exit on Ethereum, Arbitrum and Optimism via <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a> Legacy mode or Fusion mode.
 In the Legacy mode, users can tap into efficient atomic swap transactions while Fusion mode allows users to exchange their stETH or wstETH at competitive rates without gas fees. However, Fusion mode only allows for stETH/wstETH swaps valued at more than $1000.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/lido-adds-support-for-1inch-as-withdrawal-aggregator-tbt80443.html">https://thebittimes.com/lido-adds-support-for-1inch-as-withdrawal-aggregator-tbt80443.html</a>

Lido adds support for 1inch as withdrawal aggregator

TheBitTimes

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