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Decentralization has arguably become one of the major driving forces of innovation in recent years. The need for interoperability, speed and efficiency has become paramount to the growth of decentralized finance (DeFi), with DeFi and DeFi-related terms gaining tremendous attention and application recently.
Just as blockchain exists to eliminate various forms of human financial interference, the purpose of the cross-chain is to eliminate interference between decentralized bodies. This unique feature also enables the up-and-coming 1Sol protocol to build a highly functional and effective aggregator for decentralized exchanges (DEXs).
Let’s look at how the 1Sol protocol maximizes cross-chain efficiency to create a faster, better and cheaper experience for its users — and how it enables better transactions and trading options for DeFi platforms.
In order to truly grasp the workings of the 1Sol platform and what it seeks to achieve, it’s crucial to understand what DEX aggregators are.