Yellow Network has upgraded its Yellow Wallet by integrating 1inch’s Fusion Swap technology, allowing users to perform cross-chain token swaps effortlessly while benefiting from built-in fee protection.
As a leading DEX aggregator, 1inch pools liquidity from various decentralized exchanges, ensuring users can access the best exchange rates across multiple blockchain ecosystems. Its Fusion Swap technology enhances the decentralized trading experience by implementing an advanced order execution system that defends against front-running and sandwich attacks, while smart routing maximizes efficiency.
With this integration, Yellow Wallet users can swap assets directly within their wallet balance across different blockchain networks. The process is simple: they select a token in the “From” field, choose the destination token and blockchain in the “To” field, and proceed with the swap.
Before making their first swap, users must approve each token for trading. Once approved, they can initiate swaps by clicking “Execute Swap.” The system ensures transparency by displaying estimated fees before finalizing the transaction.
A Yellow Network spokesperson emphasized:
“Fees are only charged on successful swaps, and there are no costs for failed transactions. If a swap isn’t completed within 10 minutes, the funds are automatically refunded.”
The wallet also features a transaction history section that records the last 10 swaps, distinguishing between same-chain and cross-chain transactions while providing real-time updates on their status.
However, the service is restricted in certain regions, including the United States, Iran, North Korea, and other sanctioned territories. Attempts to bypass these restrictions through VPNs or similar methods are strictly prohibited.
For users who don’t immediately see their swapped tokens in their wallet, Yellow Network suggests using the “Import assets” option to manually add them by entering the contract address.
This latest enhancement solidifies Yellow Wallet’s role as a secure and efficient platform for users looking to navigate the expanding world of decentralized finance.