1INCH Speculation/Discussion Thread

[Tytanowy Janusz]

The 1inch team has released the third iteration of its Aggregation Protocol, a tool that routes trade orders across all decentralized exchanges on Ethereum and, as of recently, Binance Smart Chain.

https://cointelegraph.com/news/new-version-of-1inch-s-dex-aggregator-makes-it-cheaper-than-uniswap

"he V3 release introduces gas optimizations that the team claims make the protocol cheaper than using either Uniswap or 0x directly. In tests conducted by the team, the 1inch V3 aggregator was about 10% cheaper in terms of gas than the same trades done via Uniswap, and about 5% cheaper than on 0x. Compared with 1inch V2, gas costs decreased by up to 30%."

Thats impressive. Wonder how they achieved this. Routing transaction through uniswap with lower fees than on uniswap directly...

But the biggest advantage 1inch gives on BSC on very low MC coins with low liquidity, especially when you swap to coin that does not have its own pool. When it is worth to split 1000$ trade to multiple pools and take full advantage from BSC low fees.

[cygan]

#1inch integrates #vSwap and #vPegSwap from @value_defi
It provides us with an additional $189M of liquidity in total including stable pools and weighted pools

https://twitter.com/1inchExchange/status/1372924364065226761

Here comes another integration!
#1inch gets partnership with @BELT_Finance
$617M of additional liquidity for the following stablecoins: $DAI, $USDC, $USDT, $BUSD.

https://twitter.com/1inchExchange/status/1372942079870054401

[cygan]

cointelegraph spoke with Sergej Kunz, co-founder of 1inch
you can read the whole interview here - i find it very interesting!

1inch’s co-founder speaks on friendly Uniswap rivalry, the DeFi Pulse debacle and Ethereum being both the paint point and savior of DeFi.

https://cointelegraph.com/news/uniswap-are-friends-but-they-fear-1inch-says-dex-aggregator-co-founder

[cygan]

Gas fees using @1inchExchange are 58% less than @Uniswap on a $ / $ basis. Hopefully, Uniswap V3 packs a punch.

https://twitter.com/AlphaAlarm_HQ/status/1377259645878738944

here is a nice overview of how much fees all the transactions have cost in the last 2 weeks

[cygan]

1INCH is approaching the 10000 sats again or has almost reached the 6USD

[wiss19]

since the end of december there is a new type of dex exchange aggregator that allow aggregate all of the liquidity and pricing data from all major DEXes so that users can get the best prices and lowest slippage for their trades.
i find this new type very interesting and also see a lot of potential in it. moreover, the own 1INCH token is still in a good price range to be able to buy cheaply.
I would be interested to know who of you has invested in this project and how you see the future of 1INCH.

The fact that 1inch is making so many deals with so many projects is the reason why it is getting so much attention. Think about it this way, on centralized exchanges the ones that got the most attention was always the ones that did the best marketing to get the most volume, they always wanted to have the biggest total volume, and one of the tricks there was to give people affiliate income for it.

But, the next best ones were always exchanges that actually let many projects get in, they had countless pairs and altcoins, I have seen one with as much as 100+ coins listed, those get a lot of users not because those coins have high volume, most of them didn't even have decent volume, but they were liked because they had those coins, so maybe one of them didn't matter but when you had 100+ it combined became big. I believe 1inch is the dex version of those places, they are going to have so much projects that it will become much bigger.

[cygan]

“For us it is a logical move. Me and Anton started with just an aggregation protocol at the ETHNew York hackathon in 2019 and now we have the whole ecosystem of protocols, such as: 1inch Liquidity Protocol (prev. Mooniswap), 1inch Aggregation Protocol, instant governance and the 1INCH governance/utility token,” he said.

https://cointelegraph.com/news/1inch-announces-rebrand-to-1inch-network-laying-groundwork-for-expansion

[LUCKMCFLY]

One of the currencies that most caught my attention is 1Inch, it has had a growth of more than 20% and is expected to rise even more, this update is excellent for those who are doubtful about the investment, since now this coin has much higher growth than ETH, this article demonstrates:

Even though the growth may not have finished yet, traders may expect a short-term correction to the mirror level at $6.65. Such a move could be considered to be gathering liquidity for a future rise.

Source: https://u.today/btc-eth-bnb-and-1inch-price-analysis-for-may-6

[LUCKMCFLY]

Update from 1INCH, this analyst seems to me to be one of the most optimistic of all the articles that I have seen, for now I am surprised that the trader assures that he can reach 13USD, will it be possible in the short term? I think that in the long term if the movement can be given, and if there is a bullish trend of Bitcoin I think it will be a big profit, then I think it is a good time for investment, of course if the price of BTC falls in a stronger correction because the movement would take:

According to Smart Contracter, a move above $6.00 would catapult the crypto asset to a new all-time high of $13.00.

“Three-month accumulation on 1inch. This is gonna get sent so hard when it finally breaks out.”

Source: https://dailyhodl.com/2021/05/11/top-trader-unveils-bullish-targets-for-bitcoin-ethereum-xrp-chainlink-and-1inch/

[LUCKMCFLY]

Now 1INCH is beginning to expand much more, since it is increasing its source of liquidity by expanding to Polygon, in addition the launch of 1INCH Wallet has expanded much more, because it has entered into being a leader in decentralized finance, in addition to all this of the Elon Musk's controversial tweet, it is a very good opportunity to buy and have the investment there for when BTC rises, 1INCH follows that same direction.

“After the 1inch Network has expanded to Binance Smart Chain, there was a massive request from the community to make Polygon also available for swapping via 1inch. Currently, the 1inch Aggregation Protocol is already deployed on Polygon, while the 1inch Liquidity Protocol and the 1inch Governance Protocol are expected to expand over to Polygon in the upcoming few weeks.”

Source: https://cointelegraph.com/news/1inch-network-increases-liquidity-sources-by-expanding-to-polygon