{"componentChunkName":"component---src-pages-sips-sip-markdown-remark-frontmatter-sip-tsx","path":"/sips/sip-288/","result":{"data":{"markdownRemark":{"fileAbsolutePath":"/vercel/path0/content/sips/sip-288.md","frontmatter":{"sip":288,"sccp":null,"title":"1inch Direct Integration","network":"Ethereum","author":"Kaleb  (@kaleb-keny)","type":"Governance","proposal":"https://snapshot.org/#/snxgov.eth/proposal/0xa03d0ef6d0f0c31a6181fa069b3534ea2977cef0e6ffac94011a613463847104","implementor":null,"release":null,"created":"2022-11-03T00:00:00.000Z","updated":null,"status":"Implemented"},"html":"<h2 id=\"simple-summary\" style=\"position:relative;\"><a href=\"#simple-summary\" aria-label=\"simple summary permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Simple Summary</h2>\n<!--\"If you can't explain it simply, you don't understand it well enough.\" Simply describe the outcome the proposed changes intends to achieve. This should be non-technical and accessible to a casual community member.-->\n<p>This SIP proposes adding 1inch exchange contracts to the Direct Integration Manager.</p>\n<h2 id=\"abstract\" style=\"position:relative;\"><a href=\"#abstract\" aria-label=\"abstract permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Abstract</h2>\n<!--A short (~200 word) description of the proposed change, the abstract should clearly describe the proposed change. This is what *will* be done if the SIP is implemented, not *why* it should be done or *how* it will be done. If the SIP proposes deploying a new contract, write, \"we propose to deploy a new contract that will do x\".-->\n<p>As outlined in <a href=\"https://sips.synthetix.io/sips/sip-267/\">SIP-267</a>, every new Direct Integration needs to be specified in a sip along with the parameters proposed for that integration. Therefore this sip proposes to allow the 1inch contracts to trade at the overridden parameters mentioned below, where the CRV &#x3C;> SNX Atomics &#x3C;> CRV path is guaranteed by 1inch's path finding algorithms.</p>\n<h2 id=\"specification\" style=\"position:relative;\"><a href=\"#specification\" aria-label=\"specification permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Specification</h2>\n<p>The following parameters would be specified on the 1inch exchange contracts <code>0xf021f084477242fe6835c67234b4345de4db19e1</code>, <code>0xef6fa3307af6ab6ddcc4826c4945041dd5c18d4b</code>, <code>0x53222470CdcfB8081C0E3a50fd106f0D69e63F20</code> and <code>0x3B17056cc4439c61ceA41Fe1c9f517Af75A978F7</code>:</p>\n<pre><code>{'currencyKey': 'sUSD',\n 'dexPriceAggregator': '0x9645C7de2DBe8AAda01868cAa393cB7e5253268c' (uses 30 bp uni pool),\n 'atomicMaxVolumePerBlock': 3m$,\n 'atomicExchangeFeeRate': 0}\n\n{'currencyKey': 'sETH',\n 'dexPriceAggregator': '0x9645C7de2DBe8AAda01868cAa393cB7e5253268c' (uses 30 bp uni pool),\n 'atomicMaxVolumePerBlock': 3m$,\n 'atomicVolatilityUpdateThreshold': 10,\n 'atomicExchangeFeeRate': 35 bp}\n\n{'currencyKey': 'sBTC',\n 'dexPriceAggregator': '0x9645C7de2DBe8AAda01868cAa393cB7e5253268c' (uses 30 bp uni pool),\n 'atomicMaxVolumePerBlock': 3m$,\n 'atomicVolatilityUpdateThreshold': 10,\n 'atomicExchangeFeeRate': 35 bp}\n</code></pre>\n<h2 id=\"copyright\" style=\"position:relative;\"><a href=\"#copyright\" aria-label=\"copyright permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Copyright</h2>\n<p>Copyright and related rights waived via <a href=\"https://creativecommons.org/publicdomain/zero/1.0/\">CC0</a>.</p>"}},"pageContext":{"id":"60cef1a2-d7af-55a9-a408-73acb2854a1d","frontmatter__sip":288,"__params":{"frontmatter__sip":"288"}}},"staticQueryHashes":[]}