1inch announces deployment to Optimism's layer-2 solution

Decentralized exchange aggregator 1inch has announced its deployment on the Optimistic Ethereum, or OE, mainnet, highlighting a considerable reduction in user transaction fees and confirmation delays. Sergej Kunz, co-founder of the 1inch Network stated “the 1inch launch on Optimistic will facilitate a dramatic increase in transaction speed." While deposits utilizing the OE network are set to be credited almost instantly, withdrawals will require a waiting period of 7 days. These wait times are expected to improve in future when fast withdrawal service is enabled.