1inch Exchange token

Multiple tokenomics

The 1INCH token is the governance and utility token of the 1inch Network. The token is applied in different capacities in the two existing protocols and will be used in the tokenomics of all new protocols released by the 1inch Network. 1INCH is a multichain token, currently available on Ethereum and on BNB Chain over a bridge.

Utility

Utility

Governance

Governance

Multi-chain

1inch Exchange token is multi-chain
Multi-chain

Token unlock schedule

On the release day, 6% of the 1INCH token’s total issuance of 1.5 bln was unlocked. The remaining tokens will be gradually unlocked over a four-year period through December 30, 2024.

1inch Exchange token unlock schedule
Token unlock schedule

Token distribution

30% of the total token supply will go to community incentive programs. Another 14.5% form the growth and development fund that will be used to issue grants and incentivize developers to build on 1inch protocols. The remaining tokens will go to backers and core contributors.

1inch Exchange Token distribution
Token distribution

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