1inch
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1inch is the DeFi ecosystem building financial freedom for everyone.

Official Website: https://1inch.com/

Telegram Group: https://t.iss.one/OneInchNetwork
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Who says free cheese is only in a ๐Ÿชค mousetrap?

This saying is no longer relevant if you participate in crypto ๐Ÿช™ airdrops.

However, besides the benefits, there are some security risks ๐Ÿ‘พ In this article, we'll talk about how to avoid them.

๐Ÿ“ƒ https://blog.1inch.io/crypto-airdrops-risks-and-opportunities-ccf34b4afa9f

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๐Ÿ‘‰ Join the 7th 1inch Network DAO Community Call on Discord

There will be an AMA, so don't forget to prepare questions!

๐Ÿ—“๏ธ December 16th, 2 PM UTC

๐Ÿคฉ Special guests from Commonwealth: Rhys Hillier, Dillon and jogi.eth

โ–ถ๏ธ Link to our server: https://discord.gg/1inch

๐Ÿ”ฅ POAP drop for all attendees!

๐Ÿ“ Agenda:

โ€“ 1inch Network news
โ€“ Introductions
โ€“ Commonwealth overview
โ€“ 1inch DAO Governance
โ€“ Open discussion / Q&A
โ€“ Bubblemaps treasure hunt ๐Ÿ‘€

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๐Ÿ”ฅ The 1inch team is gathered in Dubai to prepare the greatest release youโ€™ve ever witnessed.

You guys know that we donโ€™t tease anything. This time is an exception!

๐Ÿ‘€ Something big is comingโ€ฆ

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๐Ÿ“Ÿ 1inch Weekly Recap #44

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

Updates, News and Integrations:

๐Ÿ‡ฆ๐Ÿ‡ช The 1inch team was gathered in Dubai to prepare the greatest release

๐ŸŒ 1inch integrated with Commonwealth to use its all-in-one governance platform

Events:

๐Ÿ‘‰ 1inch Network DAO Community Call #07 took place on Discord

Achievements:

๐Ÿ‘‰ 1inch hit 1.2 million followers on Twitter

Media:

๐Ÿ“น 1inch DeFi Visions #24 โ€“ Kirill Arutyunov, NearPay

๐Ÿ“ƒ Key insights of DeFi Visions #24

๐Ÿช™ Crypto airdrops: Risks and opportunities

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๐Ÿ“ฃ ETH burned weekly update ๐Ÿ“ฃ

๐Ÿ”น Ether burned over the last 7 days:
356 ETH | $578.2K ๐Ÿ”ผ 90.37% compared to the previous week

๐Ÿ”น Ether burned in total:
41,398 ETH | $128.2M ๐Ÿ”ผ 0.86% compared to the previous week

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๐Ÿ“Š [1IP-11] 1inch Staking Pods

A major proposal for the total overhaul of 1INCH tokenomics and incentivized staking is live!

We invite you to cast your vote for the implementation of a new Staking Pod mechanic for the ๐Ÿ’ฐ 1INCH token.

๐Ÿ“ƒ Read and vote: https://snapshot.org/#/1inch.eth/proposal/0xece08908c3e10e5125557bc52caac70e5cdc862c391bf02f870da9d1bcc40542

โ„น๏ธ A brief summary of the [1IP-11] proposal:

โ€“ Incentivized time-locked 1INCH staking
โ€“ Permissionless delegation pods
โ€“ Reward distribution compatibility
โ€“ 50% of all current and future 1inch DAO protocol revenue shall be distributed to stakers

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Better to see once than hear a hundred times ๐Ÿ’ฏ

A series of performances ๐Ÿ—ฃ๏ธ from ETH Vietnam is opened by Nikita Kozlov, our Backend Team Lead. This time, he shared insights into building with the use of the 1inch Limit Order Protocol.

โ–ถ๏ธ Watch: https://youtu.be/LXC-za5Yvw4

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What kinds of attacks ๐Ÿ”ซ are DEX users vulnerable to?
And how does the 1inch RabbitHole protect your funds?

Get answers to these and other questions from 1inch co-founder Sergej Kunzโ€™ talk ๐Ÿ‘จโ€๐Ÿซ at ETH Vietnam.

โ–ถ๏ธ Watch: https://youtu.be/cq-PoAuu6-s

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๐Ÿ“น 1inch DeFi Visions #25 โ€“ Ruslan Serebriakov, Trust Wallet

Do you already miss a new 1inch DeFi Visions episode? ๐Ÿ™ˆ Here it comes!

This time, we interviewed Ruslan Serebriakov, senior smart contract engineer at Trust Wallet โ€“ a non-custodial multi-chain crypto wallet.

โ–ถ๏ธ Watch: https://youtu.be/JUM3Bqla7po

๐Ÿ“ƒ Read the key insights from the interview: https://blog.1inch.io/defi-visions-ruslan-serebriakov-10393667d920

๐Ÿ“ Check out all 1inch DeFi Visions episodes: https://youtube.com/playlist?list=PLHF7PiFqCHX-j86Yg8qpVIPRnvhDrFmGM

๐Ÿ‘ Don't forget to like this video, leave a comment and subscribe to the 1inch YouTube channel!

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๐ŸŽ“ Want an expert opinion on the promises, drawbacks and prospects of the DeFi industry?

Then, donโ€™t miss our last video ๐Ÿ“น from ETH Vietnam with Sergej Kunz participating in the โ€˜Scaling DeFi Towards Mass Adoptionโ€™ panel.

โ–ถ๏ธ Watch: https://youtu.be/y-cfo2fGwW0

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Dear 1inch fam,

๐Ÿ™ As 1inch prepares a great new feature, we invite you to try it out and share your feedback. By doing that, you will make an immeasurable contribution to our ecosystem's development.

Reward: 50 ๐Ÿ’ฐ 1INCH tokens

๐Ÿ’ฌ Join to participate: https://t.iss.one/+63SLBg5pRI44NDRk

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๐ŸŒช Staying safe from DeFi hacks

In DeFi, you are solely responsible for the safety of your funds โš–๏ธ The downside of that is vulnerability to hacks.

But you can protect your assets by using ๐Ÿ›ก๏ธ our suggestions.

Follow these simple rules and keep your funds safe.

๐Ÿ“ƒ Read: https://blog.1inch.io/staying-safe-from-defi-hacks-c8d427ca6a6

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๐ŸŽ‰ 1inch Weekly Recap #45

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

Updates, News and Integrations:

๐Ÿ“Š A major proposal for total overhaul of the 1INCH tokenomics and incentivized staking is live

๐Ÿถ 1inch integrated the Baby Doge router as a new liquidity source

๐ŸŽฎ 1inch x Illuviumโ€™s 50 Private Beta spots raffle is live

Achievements:

๐Ÿ† 1inch led FantomDailyโ€™s top of Fantom projects by Galaxy Score

๐Ÿ”ด 1inch entered Optimismโ€™s top 6 dApps in 2022 by the number of transactions and fees generated

๐Ÿฅ‰ 1inch took 3rd place on CryptoRankโ€™s top 15 of DeFi projects by active users in the last 30 days with a result of 242K

๐Ÿ’ฐ 1INCH entered LunarCrushโ€™s top 15 of coins

Media:

๐Ÿ‡ป๐Ÿ‡ณ How to build using the 1inch Limit Order Protocol | Nikita Kozlov

๐Ÿ‡ 1inch RabbitHole | Sergej Kunz

๐Ÿ“น DeFi Visions #25 โ€“ Ruslan Serebriakov, Trust Wallet

๐ŸŽ“ Scaling DeFi Towards Mass Adoption | Sergej Kunz

๐ŸŒช Staying safe from DeFi hacks

๐ŸคŸ 1inch | Twitter | Discord | Medium | Reddit | YouTube

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Christmas is not an external event, but a piece of our home in our hearts ๐Ÿ’œ

We wish you hope, peace and lots of cookies ๐Ÿช this holiday season.

Remember, Santa ๐ŸŽ… is watching. Everything. Yes, even that.

โ˜ƒ๏ธ Merry Christmas, dear 1inch fam!
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๐Ÿ†• The 1inch Network releases a major upgrade, Fusion

Remember we teased some major release about a week ago?

This upgrade is gonna turn the DeFi game
๐Ÿ”ƒ upside down.

โ›ฝ๏ธ๐Ÿšซ Meet Fusion Mode, which enables users to place orders without paying network fees!

The Fusion release is centered around the 1inch Swap Engine โ€“ a combination of existing and new tech aiming to improve the profitability and security of swaps.

The upgrade also contains major improvements to ๐Ÿ›ก๏ธ security, as well as updated staking contracts and tokenomics.

The 1inch Swap Engine is a decentralized trading and matching system that connects DeFi users with practically limitless liquidity through professional market makers. ๐Ÿ™Œ Basically, it offers users access to almost all available liquidity in the crypto market.

๐Ÿ’ฐ๐Ÿ”จ The 1inch Swap Engine revolutionizes the execution of swaps on decentralized exchanges, offering a completely new type of decentralized order matching approach that uses the Dutch auction model, while being based on market rates and taking price impact into account.

Orders are filled by resolvers โ€“ professional market makers who pay applicable gas fees, while profiting from arbitrage trading. ๐Ÿง To become resolvers, they will need to stake 1INCH tokens and deposit a sufficient balance of 1INCH into the โ€œfeebankโ€ contract.

At the initial stages, resolvers wonโ€™t pay any fees, but, later, the 1inch DAO might introduce a fee for resolvers. ๐Ÿคฉ Top five resolvers โ€“ based on the amount and period of 1INCH staking โ€“ will have priority for filling orders.

โšก๏ธ The 1inch Swap Engine powers Fusion Mode, which enables users to exchange tokens on various DEXes without paying any network fees, at the most favorable rates.

Fusion mode allows users to choose between three options: Fast, Fair and Auction.

In Fusion mode, professional traders who fill usersโ€™ orders use the most efficient ways of protecting usersโ€™ trades from MEV.

With its release, ๐Ÿ” swapping tokens directly on DEXes or on aggregators that offer no MEV protection, will no longer be a viable option.

โš’๏ธ The 1inch Networkโ€™s governance and tokenomics have been significantly revamped, as well. Under the new governance system, users can stake their 1INCH tokens for a period ranging from one month to two years.

Users who stake 1INCH tokens receive ๐Ÿฆ„๐Ÿฆพ Unicorn Power.

It could be used by 1INCH stakers to participate in network governance, it could be delegated to other users and to resolvers โ€“ in exchange for rewards from resolver incentive programs.

As resolvers compete for filling the most lucrative orders, there will be prioritizing based on resolversโ€™ delegated Unicorn Power.

โœ… In addition, by staking their tokens, users contribute to the networkโ€™s overall stability.

โ€ผ๏ธ The new system wonโ€™t allow staking tokens for periods shorter than one month, and Unicorn Power received for short-period staking wonโ€™t be sufficient to influence DAO decisions.

Meanwhile, the 1inch DAO could also create incentives for 1INCH stakers. โ˜๏ธ By the DAOโ€™s decision, fees collected from resolvers could be distributed between 1INCH stakers, based on their commitment to the network and Unicorn Power.

The Fusion upgrade takes usersโ€™ DeFi experience to a completely new level, but the journey is far from over.

โžก๏ธ Read more: https://blog.1inch.io/the-1inch-network-releases-a-major-upgrade-fusion-96184d8141d3

Try it out now using our ๐Ÿ–ฅ๏ธ dApp: https://app.1inch.io/

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1inch pinned ยซ๐Ÿ†• The 1inch Network releases a major upgrade, Fusion Remember we teased some major release about a week ago? This upgrade is gonna turn the DeFi game ๐Ÿ”ƒ upside down. โ›ฝ๏ธ๐Ÿšซ Meet Fusion Mode, which enables users to place orders without paying network fees! โ€ฆยป
Enjoy the astonishing benefits of the โšก๏ธ 1inch Fusion update!

It allows you to get all market liquidity, zero gas fees and MEV protection in one place.

We are closing out 2022 with a sense of accomplishment to all DeFi users ๐Ÿ˜Ž

โ–ถ๏ธ Trailer: https://youtu.be/A5WoRUA0s9Y

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