Swap

Magic Square

Karma

Rewards

<div class="finbold">
 <p class="paragraph">Magic Square, a Web3 app store, has announced the integration of the <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a> Swap API into its platform, according to the information shared with Finbold on April 16.&nbsp;</p>
 <p class="paragraph">Alongside the integration comes the launch of the SQR Swap Competition, valued at $25,000 and tailored to incentivize users for their active engagement and transactions within the platform.</p>
 <h2 class="wp-block-heading" id="h-groundbreaking-swap-conditions">Groundbreaking swap conditions</h2>
 <p class="paragraph">With the integration of the <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a> Swap API, Magic Square users will have access to unparalleled swap conditions.&nbsp;</p>
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 <p class="paragraph">Renowned for supporting 12 networks and boasting over 380 liquidity sources, <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a> has facilitated more than 30 million total swaps with a volume exceeding 300 billion.&nbsp;</p>
 <p class="paragraph">This integration is thus poised to enhance the utility and efficiency for the Magic Square user base.</p>
 <p class="paragraph">Andrey Nayman, the Founder and CEO of Magic Square, expressed his excitement about the integration, stating:</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“This collaboration with <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a> marks a significant milestone for Magic Square. Our goal has always been to provide our users with the most seamless and rewarding experience possible. By integrating the <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a> Swap API, we’re not only expanding our service offerings but also enhancing the overall value for our community through additional rewards.”</p> <cite>— Andrey Nayman, the Founder and CEO of Magic Square</cite>
 </blockquote>
 <p class="paragraph">Alexandra Fetisova, Partners &amp; Community Lead at <a rel="noopener noreferrer nofollow" title="1inch" href="https://thebittimes.com/tag/1inch.html">1inch</a>, echoed Nayman’s sentiment, emphasizing 1Inch’s goals of making decentralized finance (DeFi) smoother and more accessible for all users.</p>
 <h2 class="wp-block-heading" id="h-user-rewards-and-the-path-forward">User rewards and the path forward</h2>
 <p class="paragraph">The SQR Magic Swap Competition will also reward users based on their total swap volume, and every swap transaction will earn users Karma points, further encouraging active participation.&nbsp;</p>
 <p class="paragraph">Magic Karma allocates points for various contributions and activities, including participating in campaigns, inviting friends, claiming hot offers, and now, through Magic Swap.&nbsp;</p>
 <p class="paragraph">At the close of each day, 10,000 SQR will be distributed among users based on the Karma points accumulated.</p>
 <p class="paragraph">Both the Magic Swap Competition and Karma Rewards for Swap significantly enhance the utility of the Magic Store and the SQR token.&nbsp;</p>
 <p class="paragraph">By offering additional Karma points for swapping to SQR, the platform hopes to drive up demand for the SQR token, benefiting the entire ecosystem.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/1inch-swap-api-now-integrated-by-magic-square-with-swap-competition-on-the-way-tbt85493.html">https://thebittimes.com/1inch-swap-api-now-integrated-by-magic-square-with-swap-competition-on-the-way-tbt85493.html</a></p>

1inch Swap API now integrated by Magic Square, with Swap Competition on the way

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