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

[1inchExchange]

📺 Once again, for those of you who missed the third 1inch DAO Community Call with Brandon Kumar (Layer3 co-founder), we’ve uploaded a full recording on YouTube: https://youtu.be/EsRjn1QboF8

🙏 Special thanks to Jordan Reindl (Community & Governance), Matt Snow (Support & Community), Tanner Moore (Software Engineer) and Natalia Toporkova (Support & Community Lead) for moderating the discussion.

👍 Don’t miss the next community call and join us on Discord: https://discord.gg/1inch

[1inchExchange]

👊🦄 1inch Weekly Recap #12!

🌐 Updates, News and Integrations:

🚀 We launched a new video series called 👁 ‘DeFi Visions’. Subscribe to our YouTube channel and check out two recent episodes and a recording of 1inch DAO Community Call #03: https://www.youtube.com/channel/UCk0nvK4bHpteQXZKv7lkq5w

🔌 Opera's Crypto Browser now offers direct access to 1inch thanks to a BNB Chain integration

✅ 1INCH/USDC trading pair is now available on Crypto.com

🙌 Klever introduced new fiat-to-crypto buying options including 1INCH

🏆 Milestones achieved:

- 1inch has successfully surpassed 6M swaps on the Polygon network

- 8th place on AltRank™ ratings of coins with exceptional social + market activity (according to Lunar Crush)

- 4th place among automated market maker PJTs by relative liquidity ratio (RLR) (according to Cryptolaxy)

- 3rd place among most-searched ERC20 Projects on CoinMarketCap Last 24 Hours (according to Ethereum Daily)

- 2nd place among top gainers in Polygon ecosystem last 24H (according to Polygon Daily)

- 5th place among BSC dApps with highest users in the last 7 days (according to BSC Army)

- 7th place among projects with fully diluted market cap under $1B - $5B (according to CryptoDep)


📊 Key stats:

🔷 Ethereum: $163B in volume, 5.9M swaps, 1.2M users

🔶 BNB Chain: $18B in volume, 4.9M swaps, 746K users

🟪 Polygon: $12.7B in volume, 6.1M swaps, 725K users

🔴 OΞ: $256M in volume, 22K swaps, 10.4K users

🔺 Avalanche: $361M in volume, 41K swaps, 5K users

🟦 Fantom: $19M in volume, 9.6K swaps, 1K users

[1inchExchange]

🌊 Praise the final batch of gas refunds!

🔥 795,921 of 1INCH tokens have already been paid out under the 1inch Gas Refund program 🔥

💰 We're excited to share that the 1inch Gas Refund program continues with a 2nd distribution of 10M 1INCH tokens.

✳️ From now on, the maximum amount of gas refund to one person is limited to $10K in 1INCH tokens per month.

⚠️ Quick reminder: to be eligible for monthly gas refunds, a 1inch user needs to stake 1INCH for the entire period between their first swap of the month and the day of gas refund distribution.

▶️ Link to the original post: https://blog.1inch.io/the-1inch-foundation-will-distribute-10-mln-1inch-to-the-defi-community-as-gas-cost-refunds-2dd35a6a084f

[1inchExchange]

🦄💬 Check out a new mind-blowing proposal from the 1inch Community!

💡 1IP-07 aims to grow the kinds of liquidity sources compatible with the 1inch Aggregation Protocol by integrating Balancer Boosted Pools.

▶️ Read and discuss the proposal here: https://gov.1inch.io/t/1ip-07-integrate-balancer-boosted-pools-in-the-1inch-aggregation-protocol/3096

‼️ For all you 1INCH stakers, be sure to cast your vote before the polls close on Tuesday, May 10th: https://snapshot.org/#/1inch.eth/proposal/0x6358c27cd2d5a95e58095e5cc3b1b9a85d2c9af2a363b259431b53718b26dbb6

[1inchExchange]

🏆 Another milestone has just been achieved! 6M swaps on the Ethereum network!

Still isn’t enough to beat the Polygon network 🤷‍♂️

Anyway, this is huge 🙌

🔗 dune.xyz/1inch

[1inchExchange]

📣 ETH burned weekly update 📣

🔷 Ether burned over the last 7 days - $878K (329,34 in ETH)

🔷 Ether burned in total - $112M (31K in ETH)

[1inchExchange]

Check out the third episode of the 1inch 👁️ DeFi Visions series!

🗣️ Our guest: Filipe Gonçalves, head of DeFi at Ankr

📺 Stay tuned and don't forget to subscribe to our YouTube channel!

🔗 https://youtu.be/0a1QsOz_zw8

[1inchExchange]

🔥 An opportunity time has come 🔥

😱 Despite the fact that ⛽️ gas fees are extremely high, 1inch has successfully surpassed $170B in total trading volume on the Ethereum network!

🔗 https://dune.com/1inch

[1inchExchange]

👀 Don’t you know that we’ve got a special feature that facilitates multiple token airdrops, making the distribution cheaper and more efficient?

🙌 Behold, the 1inch cumulative Merkle drop tool!

▶️ More info: https://blog.1inch.io/1inchs-cumulative-merkle-drop-tool-an-overview-55542c9addca

[1inchExchange]

Here comes the fourth episode of the 1inch 👁️ DeFi Visions series!

🗣️ Our guest: Melody He, co-founder of Spartan Group

📺 Stay tuned and don't forget to subscribe to our #YouTube channel!

🔗 https://youtu.be/wuMeX7Bp3cM

[1inchExchange]

👊🦄 1inch Weekly Recap #13!

🌐 Updates, News and Integrations:

✅ USD+ (Overnight.fi) is now whitelisted for trading on 1inch

In collaboration with Leo Trust, 1inch and other partners, CurioDAO will host 🖼 NFT shop in Davos

🔥 795,921 1INCH tokens have been paid out under the 1inch Gas Refund program so far. The 2nd distribution of 10M 1INCH tokens has already started!

🟢 1IP-07 proposal has officially passed!

🌴 Balancer Labs, 1inch, Polygon, Aave Grants DAO, and Blocknative are boarding the best yacht Palm Beach has to offer

🙌 "ARC: Add 1INCH as collateral" is live on the Aave forum: https://governance.aave.com/t/arc-add-1inch-as-collateral/8056

💧 The first Bancor 3 pools are officially integrated with 1inch

😱 BitOasis has added 26 new tokens to its crypto menu including 1INCH

👾 1inch integrates with Symbiosis

🌐 Updates, News and Integrations (2/2):

📃 A new article dedicated to cumulative Merkle drop tool has come out: https://blog.1inch.io/1inchs-cumulative-merkle-drop-tool-an-overview-55542c9addca

👀 Check out two recent episodes of the DeFi Visions series: https://www.youtube.com/channel/UCk0nvK4bHpteQXZKv7lkq5w

🏆 Milestones achieved:

- 6M swaps on the Ethereum network

- $170B in total trading volume on the Ethereum network

- $2B in 24h trading volume on the Ethereum network!

- 5M swaps on BNB Chain

- 6th place among top AMM tokens by market capitalization (according to CryptoDep)

- 4th place among Top 10 BSC dApps with highest number of users in the last 7 days (according to BSC Armyl)


📊 Key stats:

🔷 Ethereum: $171B in volume, 6M swaps, 1.2M users

🔶 BNB Chain: $18B in volume, 5M swaps, 757K users

🟪 Polygon: $13B in volume, 6.3M swaps, 736K users

🔴 OΞ: $268M in volume, 24K swaps, 11.3K users

Avalanche: $413M in volume, 47K swaps, 5.6K users

🟦 Fantom: $41M in volume, 16K swaps, 1.5K users

[1inchExchange]

📣 ETH burned weekly update 📣

🔷 Ether burned over the last 7 days - 😱 $5M (2.4K in ETH)

🔷 Ether burned in total - $117M (33K in ETH)

[1inchExchange]

🎂 1inch celebrates its 3rd birthday

🦄 3 years ago, the toughest unicorn of all times was born and went on to change the whole DeFi space completely and utterly. With the power of crypto kung-fu, 1inch managed to grow from zero to Tres Comas Club, from a controversial solution to a capitalization of over $1B.

😎 And we managed to make all this with a brutal speed and power, just like a single one-inch punch. Of course, the implementation of 8 major chains, 1inch Wallet launch for Android and iOS, the 1inch Limit Order Protocol are also worth mentioning.

🏔 Today, standing at the peak of the mountain and generating an incredible trading volume on the bear market, we’re looking into the future with a lot of optimism. Who knows what portals will open before 1inch in the next few years.

🥳 Happy Birthday, 1inch!

🐦 Retweet: https://twitter.com/1inch/status/1527304784277311488

[Blowon]

One of the amazing dapps I found, even though it was the beginning when ethereum had high gas costs, but 1inch provided a rectoative airdrop for those who got UNI tokens, making 1inch dapps no less popular than uniswap. Even now, although it's still not strong enough to be popular again, 1inch is still the most favorite.

[1inchExchange]

📹 1inch DeFi Visions #5 – Hayden Hughes

Check out the new weekly episode of the 1inch DeFi visions series!

🗣️ Our guest: Hayden Hughes, co-founder and CEO of Alpha Impact

▶️ Watch: https://youtu.be/aEsa7w1oXRQ

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

[1inchExchange]

​​👊🦄 1inch Weekly Recap #14

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

🔄 Updates, News and Integrations:

🍰 To celebrate its 3rd birthday, 1inch launched a raffle with 36 NFTs as prizes. Details: https://twitter.com/1inch/status/1527326608343719939

🔌 1inch integrated ElasticSwap new pools on the Ethereum network

🗓 Events:

🎙 Sergej Kunz took part in a webinar with Dr Martin Hiesboeck dedicated to fundamentals of the 1inch Network and its future

🗣 1inch Business Development Lead Nikita Ovchinnik participated as speakers in the Permissionless 2022 conference

➡️ 1inch Labs will participate in upcoming events:

– The Future of Women's Economic Empowerment in Web3 on May 24 in Davos. Speaker – Natalia Toporkova, Support and Community Lead at 1inch

– The Capital 2022 on May 26-27, online. Speaker – Nikita Ovchinnik, 1inch Business Development Lead

▶️ Media:

📹 Coinstelegram released the trailer of an interview with Sergey Kunz on how he and Anton Bukov started and developed 1inch. Watch: http://youtu.be/MgWI5za-iQE

📺 1inch DeFi Visions #5 with Hayden Hughes, co-founder and CEO of Alpha Impact. Watch: https://youtu.be/aEsa7w1oXRQ

📊 Key stats:

🔷 Ethereum: $174B in volume, 6.1M swaps, 1.2M users

🔶 BNB Chain: $18.5B in volume, 5.1M swaps, 766K users

🟪 Polygon: $13.3B in volume, 6.5M swaps, 748K users

🔴 OΞ: $271M in volume, 25.5K swaps, 11.7K users

🔺 Avalanche: $426M in volume, 50.9K swaps, 6K users

🟦 Fantom: $50M in volume, 21.5K swaps, 1.8K users

🐦 Retweet: https://twitter.com/1inch/status/1527710504118104079

[1inchExchange]

🥇 1inch takes leadership in the DEX segment

👋 Greetings, 1inchers! 😎 Yeah, the title literally speaks for itself.

Today, we're not talking about 🦄 1inch's regular achievement. This is a historical milestone!

Incidentally, the 📉 trend started days before the “crypto bank run,” caused by the collapse of LUNA and UST.

🦾 However, high volatility on the market usually leads to high trading volumes, and the recent crypto bank run wasn’t an exception.

🏆 On May 12, 1inch saw an astounding figure of over $2.2B in 24h trading volume on the Ethereum network, according to Dune Analytics. 1inch's ATH signified a roughly 🥳 8x increase over an average 24h volume of about $300M.

Moreover, 1inch’s daily trading volume that day substantially surpassed Uniswap. The latter's performance was only 🤯 $650M.

📊 Overall, on May 12, 1inch's market share among dApp users reached 23.1% among all DEXes, while that of Uniswap declined to 5.8%.

🙏 And all this wouldn't have been possible without you, guys!

True, the crypto space is currently going through a bearish period. But even in a 🐻 bear market scenario, users apparently prefer to swap their coins via 1inch.

 ❤️ 1inch Community is the best!

➡️ More info: https://blog.1inch.io/1inch-takes-leadership-in-the-dex-segment-dc0634f7ab66

🐦 Retweet: https://twitter.com/1inch/status/1527995221748883456

[1inchExchange]

📣 ETH burned weekly update 📣

🔷 Ether burned over the last 7 days – $489K (243,98 in ETH)

🔷 Ether burned in total – $117M (34K in ETH)

[1inchExchange]

📹 1inch DeFi Visions #6 – Ernesto Boado

Don't miss the latest episode of the 1inch DeFi visions series!

🗣️ Our guest: Hayden Hughes, co-founder and CEO of Alpha Impact

▶️ Watch: https://youtu.be/aEsa7w1oXRQ

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

[1inchExchange]

New partnership: 1inch x Travala.com

Here comes a new game-changing cooperation bringing crypto adoption into the next level. Travel wherever you want and pay with 1INCH!

We’re excited to announce an integration with Travala.com, the world's leading crypto-friendly online travel agency. As a result, the 1INCH token will be added to the Travala.com platform as a payment option.

Use 1INCH to pay for 2.2M+ hotels and homes, 600+ airlines and 400K+ activities in 230 countries!

This partnership opens up opportunities for 1INCH holders to take part in a cheaper, fairer, and more inclusive travel economy, alongside leading crypto assets, including BTC, ETH, and the Travala.com's native AVA token.

Overall, 1INCH holders are getting access to over 3M travel products, saving up to 40% in comparison with other online travel agencies.

Founded in 2017 and now backed by the crypto giant Binance, Travala.com is the leading cryptocurrency-friendly travel booking service, accepting 50+ leading cryptocurrencies along with traditional payment methods.

Read more: https://blog.1inch.io/1inch-partners-with-travala-com-23d22511bbc9