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Author Topic: Why is it cheaper to replace 1inch with uniswap than with 1inch.exchange?  (Read 60 times)
fortebettor (OP)
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February 20, 2021, 08:45:37 AM
 #1

This is a strange one. The pool liquidity is much higher on 1inch. It is an exchange aggregator that is starting to go in a similar direction as uniswap. Better in my opinion. Only one thing puzzles me. Why the exchange of 1inch token was much cheaper on uniswap? How does it work? Now it looks a bit different but on the day of exchange the imputed fee for exchanging the inch on inch.exchange was 70 usd and on uniswap the exchange was only 33 USD> Additionally unlocking the token was cheaper by 5 dollars? Why and how do these fees really work?


 

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February 20, 2021, 09:03:04 AM
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 #2

Have you tried to check the GAS fee you set? You can try to compare the two with the same GAS price for the transaction fee.

But I think it is because 1Inch is using Balancer as liquidity source instead of Uniswap or other sources.
If you are really concerned about the transaction fee, then Uniswap is the best for you.

You can read more about the comparison of 1Inch and Uniswap here: https://dappgrid.com/1inch-vs-uniswap/



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fortebettor (OP)
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February 20, 2021, 05:56:05 PM
 #3


You can read more about the comparison of 1Inch and Uniswap here: https://dappgrid.com/1inch-vs-uniswap/




Thanks for the link but it is still not logical. 1inch uses multiple pools as an aggregator. Plus they have the liquidity pool itself which is so much. 223.000.000 USD

But it is 50X times more than on uniswap 5.000.000 USD

On Uniswap the pool for a pair of 1inch eth =

But I still paid much less on uniswap. WTF fuck logic ??

Research are inspired by other experienced CSGO players from https://pro.eslgaming.com/  and  LOL ex-players and esports bettors from esporttalk.org , esportal and reddit.com and discord

https://bitcointalk.org/index.php?topic=5228376.0 - Astralis to win , fuck yeah
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February 20, 2021, 11:46:16 PM
 #4

1inch was using uniswap api to swap the token or coin that available on it.

You can take a look at this tx https://etherscan.io/tx/0x6bf95f05b0f5df70afff0130271293e6929e2e6b37133cbec178024a9c602ab0

From that tx hash and you will be seeing your token will be sending by 1inch swap address to the 1nch router address before it will be interacting with uniswap swap address to swap your token.
That means you must have paid more transactions compared when you are using uniswap directly. That's why 1inch has a higher tx fees compared with uniswap.

Just use uniswap directly.

Do you forget if 1inch just an aggregator?

fortebettor (OP)
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February 24, 2021, 07:45:43 AM
 #5

1inch was using uniswap api to swap the token or coin that available on it.

You can take a look at this tx https://etherscan.io/tx/0x6bf95f05b0f5df70afff0130271293e6929e2e6b37133cbec178024a9c602ab0

From that tx hash and you will be seeing your token will be sending by 1inch swap address to the 1nch router address before it will be interacting with uniswap swap address to swap your token.
That means you must have paid more transactions compared when you are using uniswap directly. That's why 1inch has a higher tx fees compared with uniswap.

Just use uniswap directly.

Do you forget if 1inch just an aggregator?

So first I look at what inch chooses and then I bypass them anyway and use uniswap or another provider? then how can they make money when everyone else does it?

Research are inspired by other experienced CSGO players from https://pro.eslgaming.com/  and  LOL ex-players and esports bettors from esporttalk.org , esportal and reddit.com and discord

https://bitcointalk.org/index.php?topic=5228376.0 - Astralis to win , fuck yeah
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