[ANN] 1inch Network - a distributed network for decentralized protocols

[1inchExchange]

📣 ETH burned weekly update 📣

🔷 Ether burned over the last 7 days – $209.5K (126.5 in ETH)

🔷 Ether burned in total – $122.7M (37.6K in ETH)

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[1inchExchange]

🦄 1inch mascot continues its endless journey through the DeFi space. Strong Metaverse and GameFi-friendly vibes led him to a circular orange portal. Seems like it’s time to check how deep the rabbit hole goes once again!

⚡️ We're excited to reveal that the 1inch Aggregation Protocol and the 1inch Limit Order Protocol have been successfully deployed on the Klaytn mainnet.

Say yes to deeper liquidity and instant yet efficient swapping!

💡 Kakao, South Korean leading Internet company and platform for messaging, games, advertising, e-commerce and music, unveiled Klaytn in 2019.

Since then, it has become one of the most popular networks in South Korea and is currently pursuing its rapid global expansion.

🔶 Klaytn blockchain currently serves as a cutting-edge platform for popular dApps, metaverses, games and marketplaces.

As an aggregator of enterprise-level DeFi service providers, Klaytn offers multiple tools that enable businesses and users to join the metaverse.

1inch users will take advantage of the Klaytn transaction speed since actual processing time takes only about ⏱️ 1 second with no additional confirmations required.

🚄 The blockchain stands out for its ability to handle up to 4,000 transactions per second (TPS).

📊 According to klaylabs, Klaytn reached a TVL of $2,55B in late March 2022. Protocols operating on Klaytn extend its DeFi ecosystem through liquidity pool-based KLAY and all major tokens.

📝 The protocols immediately available via 1inch on Klaytn include:

✅ 1inch Limit Order Protocol V2
✅ Kokonut Swap
✅ KLAYswap
✅ Klap 
✅ ClaimSwap

🔗 More info: https://blog.1inch.io/the-1inch-network-expands-to-klaytn-fa4f6c52b4fa

[1inchExchange]

🔁 Living through crypto cycles

Do you remember that meme with James Franco? 🐻 This is how experienced crypto enthusiasts react on another bear market.

📃 In this article, we will try to find a silver lining in the current market situation: https://blog.1inch.io/living-through-crypto-cycles-719a58eaff9a

[1inchExchange]

🌊 Welcome the new batch of gas refunds for July!

🔥 331,339 of 1INCH tokens have already been paid out under our renewed gas refund program 🔥

35K wallets received refunds (x26 increase)!

✳️ The program will run until a 10M 1INCH mark is reached.

📊 Check out the Gas Refunds dashboard: https://dune.com/1inch_analytics/eth-gas-refund

🤑 Starting from July batch, 1inch users will benefit from the program regardless of staking less than 100 1INCH tokens. To get a 5% gas refund, users don't need to stake at all.

📝 Full list of changes:

✅ staking of < 100 1INCH => 10% refund

✅ staking of 0 1INCH => 5% refund

📣 In addition, starting from August, users who staked 100K 1INCH will receive 95% of refunds instead of 100%.

‼️ Please, read our updated blog post before entering: https://blog.1inch.io/the-extended-gas-refund-program-is-now-available-to-yet-more-users-1d48de21aae3

⚠️ To be eligible for monthly gas refunds (10% or more), a 1inch user needs to stake 1INCH for the entire period between their first swap and till the end of a calendar month.

[1inchExchange]

🤝 1inch partners with KuCoin Wallet

That's what we call a massive integration 🔥

🔝 We're excited to share that the 1inch API has been implemented into the KuCoin Wallet to launch its native swap feature!

📈 As a brand-new DeFi product of the KuCoin cryptocurrency exchange, the Kucoin Wallet made a huge move in increasing its functionality by partnering with the 1inch Network 🦄 which leading-edge Pathfinder algorithm helps to introduce native swapping at a high level.

Pathfinder instantly provides the most attractive rates based on 250+ liquidity sources. The best path is guaranteed by the automatically swap split between protocols. The algorithm can even engage different market depths within the same protocol when splitting.

KuCoin Wallet users will now appreciate the new swapping experience, which includes:
 
⭐️ best possible swap rates;
⭐️ access to numerous liquidity sources running on 9 networks;
⭐️ a great number of tradable assets;
⭐️ high-level security;
⭐️ less slippage and lower gas fees.

In addition, KuCoin Wallet users will also get access to the 1inch Limit Order Protocol, which is filled at a predetermined price once it is reached. It features gasless limit orders for ETH, RFQ and support of tokens requiring just permits rather than transaction approval.

KuCoin Wallet 📱 takes one step further in offering the KuCoin ecosystem users innovative products and embracing Web3. Designed for easy DeFi 📈 trading, it strives to provide customers with all the benefits of the 1inch API-based advanced trading right away.

📃 Here you can find the information guiding through integrating 1inch APIs to different services: https://blog.1inch.io/why-should-you-integrate-1inch-apis-into-your-service-8a3100984885
 
Stay tuned for another batch of promising collaborations and integrations from 1inch!

🔗 More info: https://blog.1inch.io/1inch-partners-with-kucoin-wallet-57da11938c71

[1inchExchange]

📹 1inch DeFi Visions #14 – Jordan Spence, MetaMask

Check out a new episode of the 1inch DeFi Visions series featuring the representative of one of the most used Web3 crypto wallets!

▶️ Watch: https://youtu.be/yk9V2f9_n1o

📃 Read the key insights from an interview: https://blog.1inch.io/defi-visions-jordan-spence-4723ae9a2a74

📁 Check out all DeFi Visions episodes: https://youtube.com/playlist?list=PLHF7PiFqCHX-j86Yg8qpVIPRnvhDrFmGM

👍 Don't forget to like this video, leave a comment and subscribe to 1inch YouTube channel!

[1inchExchange]

📱 Five reasons to use the 1inch Wallet

📃 Insights from this article will definitely allow you to learn more about the unique features of the 🦄 1inch Wallet!

⚠️ Don’t forget to send it to your old-fashioned friends and maybe they will change their minds.

🔗 https://blog.1inch.io/five-reasons-to-use-the-1inch-wallet-2d84d8332845

[1inchExchange]

👊🦄 1inch Weekly Recap #26

Dear community, we invite you to read a brief overview of 1inch news for the past week.

🔄 Updates, News and Integrations:

⛽ 1inch extended gas refund program is now available to yet more users: https://blog.1inch.io/the-extended-gas-refund-program-is-now-available-to-yet-more-users-1d48de21aae3

🔥 331,339 of 1INCH tokens have already been paid out under our renewed gas refund program: https://dune.com/1inch_analytics/eth-gas-refund

📈 1inch partnered with KuCoin Wallet: https://blog.1inch.io/1inch-partners-with-kucoin-wallet-57da11938c71

🇰🇷 The 1inch Network expanded to the Klaytn network: https://blog.1inch.io/the-1inch-network-expands-to-klaytn-fa4f6c52b4fa

⭕ 1inch joined the Klaytn Governance Council: https://klaytn.foundation/1inch-and-krosslab-join-the-klaytn-governance-council/

🛡 1inch got a score of 84% at DeFiSafety's Quality Review: https://www.defisafety.com/app/pqrs/497

👨‍🏫 Bankless Academy launches ‘Liquidity & DEX Aggregators’ Learning Series with 1inch: https://tally.so/r/mBz2NY

🗓 Events:

🌊 Nick Kozlov, Backend Team Lead at 1inch, dazzled the ETH Seoul stage with ‘Deep dive into 1inch Swap and Limit Order API’ presentation on August 7

😎 Sergej Kunz, co-founder of 1inch, took part in ‘Next Generation of Finance on Blockchain’ panel and the ‘DeFi Aggregation’ meetup at KBW2022 on August 9

🌨 Pavel Kruglov, PR manager at 1inch, delivered a presentation dedicated to the topic ‘Winter is here: how do DEXes survive in the bear market?’ at KBW2022 on August 9

💬 Nick Ziborov, SMM at 1inch, participated in an AMA session with Crypto Miners on August 10

Nick Kozlov took part in the panel ‘Growth & Opportunities in DEX’ at Adoption 2022 on August 11

🏆 Milestones achieved:

🔷 1inch hit $200B in total trading volume on the Ethereum network

🏅 1inch took 3/15 place of top projects by LunarCrush's Galaxy Score

▶️ Media:

📱 Five reasons to use the 1inch Wallet: https://blog.1inch.io/five-reasons-to-use-the-1inch-wallet-2d84d8332845

📹 1inch DeFi Visions #14 – Jordan Spence, MetaMask: https://youtu.be/yk9V2f9_n1o

🗯 Key insights of 1inch DeFi Visions #14: https://blog.1inch.io/defi-visions-jordan-spence-4723ae9a2a74

📃 Living through crypto cycles: https://blog.1inch.io/living-through-crypto-cycles-719a58eaff9a

📊 Key stats:

🔷 Ethereum: $201.9B in volume, 6.9M swaps, 1.4M users

🔶 BNB Chain: $19.3B in volume, 5.8M swaps, 864K users

🟪 Polygon: $14.7B in volume, 8.5M swaps, 1M users

🔴 OΞ: $591M in volume, 94K swaps, 35.9K users

🔺 Avalanche: $489.8M in volume, 92.6K swaps, 9.3K users

🟦 Fantom: $164.2M in volume, 309K swaps, 4.2K users

[1inchExchange]

📣 ETH burned weekly update 📣

🔷 Ether burned over the last 7 days – $403.7K (217.5 in ETH)

🔷 Ether burned in total – $123.1M (37.8K in ETH)

[1inchExchange]

🟩 1inch integrates with Aurora

🔥 Ruin has come to DeFi lands! The bear market is in full swing and it has no mercy...

Green light from the sky shone round about 🦄 1inch mascot. 💭 Another sign of hope for faster and cheaper transactions appeared, he thought.

The 🦄 1inch Network is thrilled to announce an integration with Aurora!

🦾 Feel the full power of the green rectangular portal and join us to explore 🙌 new horizons of the DeFi space.

Aurora is an 🖥️ Ethereum Virtual Machine (EVM) that offers a turn-key solution for developers to run their apps on a high-throughput, Ethereum-compatible, scalable and future-safe platform.

✅ Meanwhile, dApp users benefit from low transaction costs.

In recent months, Aurora, which runs on NEAR, one of the highest-performance third-generation L1 protocols, has seen substantial growth.

💰 According to DefiLlama, Aurora’s TVL in late May, 2022, stood at $491M.

💡 Currently, the Aurora ecosystem encompasses over 100 projects and operates one of the crypto space’s most secure and innovative bridges.

As part of the NEAR 🌈 Rainbow Bridge, the Aurora Bridge is the only fully trustless asset bridge in the Ethereum space.

🙏 Thanks to the NEAR Protocol scalability, Aurora offers high transaction speed.

Transaction fees on Aurora are paid in the base currency, ETH, which ensures 👍 positive user experience, also opening up opportunities for ecosystem sustainability.

⚡️ The integration comes at a crucial time for Aurora, as DeFi protocols on the platform, such as Aurigami, Bastion and Trisolaris, are gaining momentum and cutting-edge bridge solutions, including Multichain, Synapse Protocol and Wormhole, are being built.

🥳 Thanks to the integration, 1inch users will be able to access the following DEXes on Aurora right now: Bastion, Trisolaris, Aurigami, Synapse Bridge, wannaswap, NearPad, AuroraSwap, Curve Finance, DODO, 1inch Limit Order Protocol V2.

➡️ Read more: https://1inch.medium.com/1inch-integrates-with-aurora-f9d3a906382d

[1inchExchange]

📹 1inch DeFi Visions #15 – Solange Gueiros, Chainlink

Here comes a new episode of the 1inch DeFi Visions series featuring the developer advocate of the industry standard oracle network for powering trust-minimized applications across Web2 and Web3!

▶️ Watch: https://youtu.be/JqnZupB5kyc

📃 Read the key insights from an interview: https://blog.1inch.io/defi-visions-solange-gueiros-e57d86684e1e

📁 Check out all DeFi Visions episodes: https://youtube.com/playlist?list=PLHF7PiFqCHX-j86Yg8qpVIPRnvhDrFmGM

👍 Don't forget to like this video, leave a comment and subscribe to 1inch YouTube channel!

[1inchExchange]

⚡️ How the 1inch API integration powers Zerion Wallet’s most efficient swaps

It’s time for some really insightful content 🧠

🦄🤝 In this article you will learn how the long-standing integration with Zerion Wallet has proven to be a great example of a successful collaboration.

🔗 https://blog.1inch.io/how-the-1inch-api-integration-powers-zerion-wallets-most-efficient-swaps-2d3f731fcdf0

[1inchExchange]

🏆 Another achievement unlocked!

🦄 1inch just reached 7M in total number of swaps on the 🔹 Ethereum network!

Can anyone predict wen 10M? 🤩

🔗 dune.xyz/1inch

[1inchExchange]

👊🦄 1inch Weekly Recap #27

Dear community, we invite you to read a brief overview of 1inch news for the past week.

🔄 Updates, News and Integrations:

🟩 1inch integrated with Aurora: https://blog.1inch.io/1inch-integrates-with-aurora-f9d3a906382d

📤 1inch is now available for iMe users

🔃 1inch is fully integrated with Synthetix Atomic Swaps

🗓 Events:

🏙 1inch video ad appeared on a stylish billboard in Seoul

🏖 1inch’s Beach Party will take place in Bali on August 24: https://www.eventbrite.co.uk/e/1inch-beach-party-tickets-401116709877

🏆 Milestones achieved:

🔹 1inch reached 7M in total number of swaps on the Ethereum network

📈 1inch had +17.79% growth in users in the past 30 days, according to Synchrony's stats

🧡 1inch entered BSC News’ list of top dApps by TVL and weekly volume on BNB Chain on August 12

🏅 1inch entered CryptoDep’s top of projects by social activity on August 12

▶️ Media:

👀 ‘New Features Sneak-Peak’ interview with Kirill Kuznetsov, Blockchain Lead Dev at 1inch: https://youtu.be/PKEHnefUr9k

📹 1inch DeFi Visions #15 – Solange Gueiros, Chainlink: https://youtu.be/JqnZupB5kyc

📄 Key insights of 1inch DeFi Visions #15: https://blog.1inch.io/defi-visions-solange-gueiros-e57d86684e1e

📊 Key stats:

🔷 Ethereum: $203.5B in volume, 7M swaps, 1.4M users

🔶 BNB Chain: $19.4B in volume, 5.9M swaps, 872.4K users

🟪 Polygon: $14.8B in volume, 8.7M swaps, 1M users

🔴 OΞ: $616.6M in volume, 101K swaps, 37.4K users

🔺 Avalanche: $495.4M in volume, 96.1K swaps, 9.6K users

🟦 Fantom: $171.5M in volume, 331.8K swaps, 4.4K users

[1inchExchange]

📣 ETH burned weekly update 📣

🔷 Ether burned over the last 7 days – $281.7K (159.5 in ETH)

🔷 Ether burned in total – $123.4M (38K in ETH)

[1inchExchange]

📲 The 1inch DeFi Wallet v1.5 for Android is released

There are 10 kinds of people: those who understand binary code 🤔 and those who do not.

Anyway, the new  🦄 1inch Wallet update will suit everyone!

From now on, the information about confirmations will be displayed in a clear and simple way. 😎 Just try it, and forget about all these confusing code lines.

Also, we extended token details. You will be able to view a price chart and all important information ℹ️ about any token you're interested in!

Besides, we added the in-app 👨‍💻 live chat support and improved WalletConnect integration ⚙️

🤖 Check out this update in Google Play: https://play.google.com/store/apps/details?id=io.oneinch.android

[1inchExchange]

📹 1inch DeFi Visions #16 – Camila Ramos, Edge & Node

A new hot episode of the 1inch DeFi Visions series is out now! This time, we interviewed the developer relations engineer at the company founded by the core protocol team behind The Graph.

▶️ Watch: https://youtu.be/NmeOoxxqV1c

📃 Read the key insights from the interview: https://blog.1inch.io/defi-visions-camila-ramos-736df8f151c

📁 Check out all DeFi Visions episodes here: https://youtube.com/playlist?list=PLHF7PiFqCHX-j86Yg8qpVIPRnvhDrFmGM

👍 Don't forget to like this video, leave a comment and subscribe to 1inch YouTube channel!

[1inchExchange]

🎇 Exploring the NFT space and its emerging opportunities

🧠 Another insightful article has been published!

This time, we decided to take a deep dive into the 🖼 NFT space, its specifics and prospects.

Read the full text here: https://blog.1inch.io/exploring-the-nft-space-and-its-emerging-opportunities-51a092505ad7

[1inchExchange]

👊🦄 1inch Weekly Recap #28

Dear community, we invite you to read a brief overview of 1inch news for the past week.

🔄 Updates, News and Integrations:

📲 The 1inch DeFi Wallet v1.5 for Android was released: https://play.google.com/store/apps/details?id=io.oneinch.android

📈 1INCH was listed on Kraken Futures: https://futures.kraken.com/trade/futures/PF_1INCHUSD

🗓 Events:

🎤 1inch Core team x Bankless Academy Twitter Spaces will be held on Sep 1, at 7pm UTC: https://twitter.com/i/spaces/1nAKEYEzoyAKL?s=20

🗣 Valeriya Minaeva from the 1inch BD team participated in the panel 'Opportunities in Decentralized Finance for Institutions' at Coinfest Asia 2022

🏆 Milestones achieved:

🛡 1inch entered the Top-10 scoreboard of Paradigm CTF 2022, a Web3 focused security competition

🔺 1inch entered CryptoDep’s and Avaxholic’s tops for dApps with the highest user numbers and volumes on Avalanche

🏅 1inch entered LunarCrush’s top 15 coins on August 20

▶️ Media:

🎙 HUMANS' ‘Work & Earn’ podcast with Valeriya Minaeva from 1inch BD team: https://humans.work/podcast-episodes/valeriya-minaeva-partnerships-comms-1inch-the-bear-market-crypto-literacy-for-non-tech-employees-and-not-so-mysterious-web3-salaries

🔹 Valeriya Minaeva's interview for ETH Barcelona: https://youtu.be/V7mvO_tfhx0

📹 1inch DeFi Visions #16 – Camila Ramos, Edge & Node: https://youtu.be/NmeOoxxqV1c

📄 Key insights of DeFi Visions: https://blog.1inch.io/defi-visions-camila-ramos-736df8f151c

💬 1inch x Crypto Miners AMA Recap: https://link.medium.com/oeJpJnMNHsb

🎇 Exploring the NFT space and its emerging opportunities: https://blog.1inch.io/exploring-the-nft-space-and-its-emerging-opportunities-51a092505ad7

📊 Key stats:

🔷 Ethereum: $205.6B in volume, 7.1M swaps, 1.4M users

🔶 BNB Chain: $19.4B in volume, 5.9M swaps, 880.1K users

🟪 Polygon: $14.9B in volume, 8.8M swaps, 1M users

🔴 OΞ: $638.8M in volume, 106.9K swaps, 38.7K users

🔺 Avalanche: $500.4M in volume, 99.2K swaps, 9.8K users

🟦 Fantom: $178.4M in volume, 351.4K swaps, 4.6K users

[1inchExchange]

📣 ETH burned weekly update 📣

🔷 Ether burned over the last 7 days – $245.4K (153.2 in ETH)

🔷 Ether burned in total – $123.6M (38.2K in ETH)