1inch is a decentralized change aggregator that reasserts liquidity from diverse exchanges and may break up an unmarried alternate transaction throughout a couple of DEXs. Smart agreement generation empowers this aggregator to allow customers to optimize and personalize their trades. With the discharge of 1INCH token and the addition of liquidity swimming pools to the platform, you could now upload liquidity to 1inch liquidity swimming pools and stake LP tokens to earn 1INCH token.
To have a good time with the release of the 1INCH token, 1inch is airdropping loose tokens to early adopters and liquidity companies. All wallets which have interacted with 1inch before December 24 (00:00 UTC) are eligible to acquire the tokens in the event that they meet positive situations and liquidity companies will even acquire extra rewards.
Click on the purple horse button in the top right corner and click on “Claim”.
If you’re eligible, then you will receive free 1INCH tokens.
All wallets that had interacted with 1inch before December 24 (00:00 UTC) and have made at least one trade before September 15 or made four trades or made a total of $20 worth of trades are eligible to receive the rewards.
1inch liquidity providers will also receive free 1INCH tokens based on the liquidity mining program announced earlier this fall.
For more information regarding the airdrop, see this post.
How does 1inch offer the best rates?
1inch’s Pathfinder, an API containing a discovery and routing algorithm, finds the best possible paths for a token swap, splitting a swap across several exchanges and even across different market depths of the same exchange. As a result, the exchange rate a user gets is better than what they would have gotten on any single exchange.
How to claim 1INCH tokens
The 1INCH network has launched its new 1INCH token – a governance and utility token that is governed by a DAO. This guide will show you how to claim your 1INCH tokens, but if you want to learn more about the 1INCH project, please refer to Binance Research.
Any Ethereum wallet that has interacted with the 1INCH exchange before December 24 (00:00 UTC) is eligible to participate in the airdrop, as long as the corresponding address meets one of the following conditions:
At least one trade before September 15 or
At least four trades in total or
A total of at least $20 in trades.
1inch Exchange is a decentralized exchange (DEX) aggregator, designed to roll liquidity and pricing from major DEXs into one platform, offering users the cheapest trades, lowest slippage, and access to a wide range of ERC-20 tokens. According to CoinGecko the exchange has support for 152 Coins and 158 trading Pairs and a Total Volume of over US$ 4 billion. We also take a look at the Exchange’s automatic market maker (AMM)-Mooniswap and their Chi GasToken.
What is the ‘referral program’ and how it works?
The referral program aims to drive widespread adoption of 1inch services by rewarding users for their references.
You can take advantage of the program by taking several very simple steps:
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.