The 1inch Network's first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 300+ liquidity sources on 10 chains: Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, Gnosis Chain, Klaytn and Aurora.
The 1INCH token is the governance and utility token of the 1inch Network. 1INCH holders can stake their tokens to participate in the 1inch Network's DAO governance, including the 1inch DAO Treasury management. Also, holders can choose resolvers and earn a part of their fees.
The 1inch Network refers to a decentralized exchange (DEX) aggregator and decentralized finance (DeFi) platform. It was founded to address issues related to liquidity fragmentation across various decentralized exchanges.
How to Buy 1inch Network (1INCH)?
You can buy 1INCH crypto with USDT here on Toobit. Read our guide on How to Buy Crypto on Toobit for more information.
What Is 1inch Network (1INCH) Used for?
1INCH is also used in the 1inch platform governance to decide the split of revenue between the Treasury and its users as well as its liquidity protocol for determining prices, fees and rewards. It can also be used to vote on important decisions that could impact the direction of a network.
What is 1inch Network (1INCH) Price Now?
Are you looking for 1inch Network (1INCH) Price? Live 1inch Network price is updated in real-time on Toobit. Toobit doesn't do any 1INCH crypto price prediction.
Where to Sell 1INCH?
You can sell 1INCH to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.
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