1INCH is an automated market maker (AMM) and decentralized exchange (DEX) aggregator.
The 1inch Network project was founded in May 2019 by Serjez Kunz and Anton Bukov, two Russian developers with backgrounds in smart contract security.
In December 2020, the 1INCH token was launched in tandem with the 1inch DAO. Token holders can stake on the 1inch Network, allowing holders to vote on liquidity pool configuration parameters such as the swap fee, decay time, price impact fee, and others.
- The 1inch Network is live on Ethereum and Binance Smart Chain, as well as Ethereum scaling solutions (Polygon, Arbitrum, and Optimism)
- 1INCH max token supply is 1.5 billion.
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