Through January 31, all 1INCH holders can take a share from a 5,000,000 SFP reward pool by participating in the Holding Challenge from SafePal!

Image for post
Image for post

SafePal, the first and only crypto hardware wallet backed by Binance, recently launched its token, SFP, and will distribute 5,000,000 SFP among participants who complete holding challenges in the SafePal app.

Users who swap and hold 350 1INCH tokens for 7 days before January 31 are eligible to collect a share of the reward pool. Below is a step-by-step guide for participating in the holding challenge.

Step 1: Download and set up the SafePal app

Download the latest version of the SafePal app from the SafePal download page. …


Image for post
Image for post

1inch Liquidity Protocol will also be upgraded to version 1.1, improving the governance procedure.

We are excited to announce a new liquidity mining program, which is coming alongside an upgrade of 1inch Liquidity Protocol to version 1.1.

The five following pools will participate in the new liquidity mining program, which starts on January, 9, midnight (00:00 UTC):

Under the new program, another 1% of the 1INCH token total supply will be distributed among providers of liquidity to the above pools in equal shares. The program will run for one month.

Meanwhile, 1inch’s previous liquidity program is successfully coming to an end, and, as of January, 7, its participants have collected as much as 7.5M 1INCH tokens, which corresponds to an average APY of 300%. …


Image for post
Image for post

With the new 1INCH token, 1inch Network will now be governed by a DAO.

The independent board of the 1inch Foundation has released 1INCH, a governance and utility token. The 1inch Foundation intends to support the adoption of the 1INCH token via the permissionless and decentralized 1inch Network.

The 1INCH token will be used to govern all 1inch Network protocols, taking governance in the DeFi space to a new level.

Pioneering governance solution

DeFi is a rapidly evolving space, but most governance models are not designed to adopt protocol changes quickly to respond to the rapidly evolving market. To remedy this, 1inch Network is launching with “instant governance”, a new feature that allows the community to vote for specific protocol settings under the decentralized autonomous organization (DAO) model, in a transparent, user-friendly and efficient way. …


As the DeFi space is booming, more and more newcomers are taking a stab at crypto trading . 1inch is a perfect place to start off in the crypto industry for those who have little or no experience with cryptocurrency.

As the leading aggregator of decentralized exchanges (DEXs), 1inch offers users better rates for cryptocurrency swaps than any single crypto exchange could. Moreover, 1inch saves users time — as they no longer have to manually check each exchange for the best swap prices.

In this post, we’ll provide a step-by-step guide on how to trade on 1inch, which should come especially handy for newcomers. …


Image for post
Image for post

We are happy to support developers working on innovative DeFi solutions based on 1inch technologies.

We at 1inch are very keen on incentivizing developers to build technologies that help expand the DeFi space and attract more users. And we strongly believe that hackathons are the place where future tech is born.

1inch’s story is a testimony to how hackathons facilitate the creation of most innovative solutions and projects. In case someone doesn’t know or forgot — 1inch founders Sergej Kunz and Anton Bukov created the 1inch MVP in just 18 hours at the ETHNewYork hackathon back in 2019. …


Image for post
Image for post

The 1inch team is thrilled to announce a successful closure of a $12 mln funding round from institutional investors, including Pantera Capital, ParaFi Capital and Nima Capital.

These funds will be used to further develop a variety of 1inch products, hire additional team members, fuel the project’s expansion into new markets and to amplify marketing activities.

“We are really excited to be supported by major global investors,” says Sergej Kunz. “We have recently released version 2 of our protocol and there are several more products in the pipeline, which we’ll reveal soon. …


Image for post
Image for post

To offer an additional reward to our invaluable community, we are launching stage 2 of our liquidity mining program, in which an extra 1% of the 1INCH token supply will be distributed among liquidity providers.

Following the launch of our liquidity mining program back in August, we have received extensive and valuable feedback from the 1inch community. Based on that feedback, we are now unveiling the second stage of our liquidity mining program, aimed at further incentivizing early providers of liquidity to four selected Mooniswap pools.

Under stage 2, 1inch will distribute an additional 1% of the 1INCH token supply among users upon the issue of the token. …


1inch swaps will now be available directly in MEW users’ wallets.

Image for post
Image for post

As we aim to offer our users more diverse options for crypto swapping and staking, also improving their experience, we are happy to announce an integration with MEW (MyEtherWallet), a well-known wallet and client interface for interaction with the Ethereum blockchain.

Wallet integrations are essential to 1inch as they enable users to take advantage of our services directly in their wallets. Meanwhile, with more than one million monthly users, MEW is one of the most popular Ethereum wallets in operation.

This integration will expand MEW’s functionality for swapping coins directly from within their wallets, adding more options. …


Image for post
Image for post

We are thrilled to unveil 1inch’s version 2. The main highlights are Pathfinder, an API that contains a new discovery and routing algorithm, and an intuitive, user-friendly UI. The improvements ensure the best rates on swaps, while dramatically cutting response time.

TL; DR

  • Swaps are split across 21 supported liquidity protocols, using different ‘market depths’ within the same protocol.
  • 1inch’s enhanced UI got an intuitive and user-friendly design.
  • Response times are the fastest on the market for comparable complexity levels.
  • All major protocols are supported, including Uniswap v1 and v2, Balancer, Curve, Kyber, SushiSwap, DODO, Oasis, Mooniswap, and many more.
  • 1inch can pack, unpack and migrate collateral tokens from Aave and Compound as part of the swap path. …


Image for post
Image for post

Introducing the first round of winning hacks on 1inch, we are looking back at 1inch’s inspirational journey, which started with an ETHGlobal hackathon.

Back during the dark depths of crypto winter, two smart white-hat hackers, Anton and Sergej, started attending the fun, productive ETHGlobal hackathons in order to dive further into Ethereum. They started with ETH Singapore in December 2018. Six months later, they came to ETH NYC where the idea of 1inch was born. The 1inch MVP did not win the hackathon — or even a sponsor prize. …

About

1inch

1inch offers the best rates by discovering the most efficient swapping routes across all leading DEXes.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store