Sergej Kunz I 1inch Product Demo | Pragma Lisbon 2023

Mon, Oct 2, 2023, 12:00 AM

Sergej Kunz, co-founder of 1inch Network, presents a live product demo of 1inch Fusion at Pragma Lisbon 2023. Fusion introduces a new era of gasless, MEV-protected DeFi trading through asynchronous, Dutch auction-based order execution—empowering users with seamless swaps without paying gas fees. In this talk, Sergej walks through the evolution of 1inch, the motivations behind Fusion, and how it protects traders from front-running while offering better rates through professional market maker competition. Learn how Fusion leverages permit-based limit orders, smart contract flexibility, and account abstraction principles to optimize trade efficiency. He also showcases the 1inch Wallet and how developers can easily integrate Fusion into their dApps using 1inch's SDKs and APIs. 00:00 Intro to 1inch Fusion demo 00:41 History of 1inch and ETHGlobal origins 02:04 Overview of 1inch ecosystem and protocols 02:42 Fusion explained: gasless swaps and MEV protection 04:00 Dutch auctions and improved execution 04:41 New staking model and unicorn power 05:24 How Fusion enables competitive order matching 06:40 Gas savings and slippage-free large trades 07:57 Fusion mechanics: permit-based limit orders 08:49 Wallet demo setup with 1inch token 09:23 Swap execution modes: legacy vs Fusion 10:08 Signing Fusion trades and market maker execution 10:48 Account abstraction and smart transaction mirroring 11:23 Finalized trade and supported networks 11:44 Closing remarks and Q&A invite _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇵🇹 *Pragma Lisbon* Pragma Lisbon 2023 took place at Casa do Alentejo on May 11, 2023, and was an in-person summit for builders and leaders in the web3 ecosystem. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. Watch the full Pragma Lisbon 2023 playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh7nuyBq4GojkgAhqoRtsi9K&si=pYS-TR5BOQSZ3YGi ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Ever since we first introduced our new event series, Pragma, in Tokyo in the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ *Follow Sergej Kunz* X: https://x.com/deacix ✅ *Follow 1inch* X: https://x.com/1inch ✅ *Follow ETHGlobal* X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/c/ETHGlobal _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Are you interested in Ethereum development and entrepreneurship?_ 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _