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>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bitcoin’s new resistance and support levels to watch this week <span class="self-center text-xs text-slate-500">7 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Saakuru Labs raises $2.4 million as it prepares to expand with 40 projects in 2024 <span class="self-center text-xs text-slate-500">15 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Supply shock alert: ‘9 months’ left of Bitcoin supply on exchanges <span class="self-center text-xs text-slate-500">27 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Japanese Yen (JPY) struggles at a 34-year low against the U.S. Dollar <span class="self-center text-xs text-slate-500">41 mins ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <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

Innehållsförteckning

TheBitTimes

Andra artiklar publicerade 16 apr. 2024

Grayscale Faces Challenges as Bitcoin Reserves Halve Following ETF Transition

New Cryptos Poised to Lead 2024

BlockDAG’s Ascent From the Moon, Investors Rush for 30,000x ROI as Avalanche (AVAX) Price Surge a...

Ethereum Liquid Restaking Protocol Puffer Finance Reaches $200 Million Valuation in New Token Fun...

Jasmy Coin Price Prediction

Making the case for Litecoin’s breakout before Bitcoin’s halving

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!