The new year should start with a global event!
During World Economic Forum in Davos, 1inch will host the meetup ๐ฆ โInstitutions and DeFi in 2023โ on Jan. 17.
Want to join? Register here: https://www.eventbrite.co.uk/e/institutions-and-defi-in-2023-tickets-493765033507 and use the promo code โFreestyleโ!
At this meetup, 1inch co-founder Sergej Kunz will give a keynote ๐โโ๏ธ address centered on how better user experience could attract mass users to DeFi.
Also, there will be the mindblowing party ๐บ DEXing in the Alps!
To join, use the promo code 'Carving': https://www.eventbrite.co.uk/e/dexing-in-the-alps-tickets-506102194287
๐ More info: https://blog.1inch.io/1inch-at-the-world-economic-forum-annual-meeting
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Dear community, we invite you to read a brief overview of 1inch news for the past week.
Updates, News and Integrations:
โ๏ธ Solidly and SwapFish DEXes were integrated into 1inch
Events:
๐ค The 1inch AI art contest in Discord came to an end
๐จ๐ญ During World Economic Forum in Davos, 1inch will host the meetup 'Institutions and DeFi' on Jan. 17th
๐บ Also, there will be the mindblowing party โDEXing in the Alpsโ
Achievements:
๐ Complete Fusion mode analytics
๐ 1inch led Cryptolaxyโs top of 13 DeFi projects by daily network growth
Media:
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260.7 ETH | $430.1K ๐ผ 46.3% compared to the previous week
42,100 ETH | $129.1M ๐ผ 0.78% compared to the previous week
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For starters, this event will become the first full-fledged meetup dedicated to decentralized finance in the history of World Economic Forum.
โ๏ธ In addition, Gareth Jenkinson from Cointelegraph and Nikhilesh De from CoinDesk will take an active part as moderators.
Moreover, Sergej Kunz will ๐ฅ burn the stage with the keynote โBetter user experience as a way to attract mass users to DeFi.โ
โ Stay tuned, as there will be more content from the event soon!
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So, we decided to make a thread with some exclusive highlights from his presentation.
๐ Check out the market shares of the traditional finance market, crypto market and DeFi market.
๐ฌ Secondly, CeFi has unacceptably high levels of risk.
๐ก DeFi's main issues are complicated UX and front-running. However, the industry is evolving and new solutions arrive.
๐ง We learned how to effectively fight front-running, and UX has significantly improved.
โก๏ธ Fusion mode is a good example of how 1inch managed to deal with the above issues.
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No one wants to be a character from memes about REKT, losing a deposit and getting a job at McDonald's ๐คก
In fact, traders' profit ๐ largely depends on trading strategy.
In this article, we offer some insights into that.
๐ Enjoy reading: https://blog.1inch.io/navigating-trading-strategies-to-profit-from-crypto
๐ค 1inch | Twitter | Discord | Medium | Reddit | YouTube
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๐ iOS | ๐ Android
In fact, traders' profit ๐ largely depends on trading strategy.
In this article, we offer some insights into that.
Download the 1inch DeFi Wallet:
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Here they are:
๐ฅ LeviAck#2048 - $800
๐ฅ tetsukki#6551 - $500
๐ฅ Yurike#5110 - $350
๐ mikoyako#0030 - $200
๐ werewolf#6075 - $150
Congratulations! Check your DMs on Discord from โ default#6528.
๐ผ๏ธ The theme was: 1inch mascot, dressed in a Santa suit, stands in front of a chimney with a big bag of gifts.
We disqualified โ๏ธ a lot of works that did not meet the contests' criteria (no Santa suit, no chimney, no bag with gifts).
Stay tuned for new contests from 1inch!
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๐ Welcome the December 2022 (final) batch of gas refunds!
297,801 of๐ฆ 1INCH tokens have already been paid out under the gas refund program. 51,411 wallets received refunds! ๐ฅ
๐ Check out the December 2022 Gas Refund dashboard: https://dune.com/1inch/eth-gas-refund-2022-12
๐ฆ With the release of Fusion mode, which allows users to trade without paying network fees, the 1inch Gas Refund program is no longer relevant in its current form. So, the 1inch Foundation has replaced it with the 1inch Resolver Incentive Program!
๐ More info: https://blog.1inch.io/1inch-launched-the-1inch-resolver-incentive-program-ddc394030e85
The Gas Refund Program ended on Dec. 31, 2022 ๐ Thanks to everyone who participated in it!
๐ค 1inch | Twitter | Discord | Medium | Reddit | YouTube
Download the 1inch DeFi Wallet:
๐ iOS | ๐ Android
297,801 of
๐ Check out the December 2022 Gas Refund dashboard: https://dune.com/1inch/eth-gas-refund-2022-12
๐ More info: https://blog.1inch.io/1inch-launched-the-1inch-resolver-incentive-program-ddc394030e85
The Gas Refund Program ended on Dec. 31, 2022 ๐ Thanks to everyone who participated in it!
Download the 1inch DeFi Wallet:
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๐ณ Meet a cutting-edge solution for cold crypto storage that's no bigger than a bank card.
We're excited to introduce to you the 1inch Hardware Wallet!
โ
Join the waiting list now: https://hw.1inch.io/
The 1inch Hardware Wallet offers the safest approach to storing users' private keys in an offline, simple and open-source way.
Supported by a grant from the 1inch Foundation, the wallet is being developed by an ๐ฅ independent team working within the 1inch Network.
๐A quick overview of the 1inch Hardware Wallet's features:
1๏ธโฃ The device is fully air-gapped, as it has no buttons and does not require any wired connection. All data is exchanged using QR codes or, optionally, with NFC.
2๏ธโฃ Users can take advantage of transparent transaction signing, as opposed to blind signing offered by some other devices. To prevent hacker attacks and theft of funds, full transaction parsing and call data offline analysis is done.
๐จ If a transaction a user is signing gets compromised on the web or in the mobile app, the device will immediately inform the user about that.
3๏ธโฃ Also, the 1inch Hardware Wallet enables users to create and control several sets of wallets with different seed phrases.
Each wallet uses the Hierarchical Deterministic (HD) Wallet algorithm in accordance with BIP44 to create a new wallet set. At first use, a maximum number of wallets is ๐ฒ randomly generated, and no one knows how many of them there are, except for the device's owner.
4๏ธโฃ In the process of creating the 1inch Hardware Wallet, special attention was paid to various aspects of its design. ๐ As a result, the device turned out to be compact, the size of a bank card, weighing just 70 grams and 4mm thin.
5๏ธโฃ While a 2.7โ E-Ink grayscale touch display supporting light/dark modes makes the 1inch Hardware Wallet very easy and convenient to use, the device is also ๐ฆพ sturdy, thanks to its Gorilla Glass 6 surface and stainless-steel frame, as well as waterproof.
6๏ธโฃ The device supports wireless charging, and its ๐ Li-Po battery lasts for roughly two weeks of use.
7๏ธโฃ Finally, the 1inch Hardware Wallet comes in five colors.
The product was supported by a grant from the 1inch Foundation.
๐ง You can learn more about 1inch's grant program here: https://1inch.io/foundation-grant-program/
๐ The 1inch Hardware Wallet is currently in its final stages of development and is expected go on sale later this year.
๐ Read more: https://blog.1inch.io/introducing-the-1inch-hardware-wallet
๐ค 1inch | Twitter | Discord | Medium | Reddit | YouTube
Download the 1inch DeFi Wallet:
๐ iOS | ๐ Android
We're excited to introduce to you the 1inch Hardware Wallet!
The 1inch Hardware Wallet offers the safest approach to storing users' private keys in an offline, simple and open-source way.
Supported by a grant from the 1inch Foundation, the wallet is being developed by an ๐ฅ independent team working within the 1inch Network.
๐A quick overview of the 1inch Hardware Wallet's features:
1๏ธโฃ The device is fully air-gapped, as it has no buttons and does not require any wired connection. All data is exchanged using QR codes or, optionally, with NFC.
2๏ธโฃ Users can take advantage of transparent transaction signing, as opposed to blind signing offered by some other devices. To prevent hacker attacks and theft of funds, full transaction parsing and call data offline analysis is done.
๐จ If a transaction a user is signing gets compromised on the web or in the mobile app, the device will immediately inform the user about that.
3๏ธโฃ Also, the 1inch Hardware Wallet enables users to create and control several sets of wallets with different seed phrases.
Each wallet uses the Hierarchical Deterministic (HD) Wallet algorithm in accordance with BIP44 to create a new wallet set. At first use, a maximum number of wallets is ๐ฒ randomly generated, and no one knows how many of them there are, except for the device's owner.
4๏ธโฃ In the process of creating the 1inch Hardware Wallet, special attention was paid to various aspects of its design. ๐ As a result, the device turned out to be compact, the size of a bank card, weighing just 70 grams and 4mm thin.
5๏ธโฃ While a 2.7โ E-Ink grayscale touch display supporting light/dark modes makes the 1inch Hardware Wallet very easy and convenient to use, the device is also ๐ฆพ sturdy, thanks to its Gorilla Glass 6 surface and stainless-steel frame, as well as waterproof.
6๏ธโฃ The device supports wireless charging, and its ๐ Li-Po battery lasts for roughly two weeks of use.
7๏ธโฃ Finally, the 1inch Hardware Wallet comes in five colors.
The product was supported by a grant from the 1inch Foundation.
๐ง You can learn more about 1inch's grant program here: https://1inch.io/foundation-grant-program/
๐ The 1inch Hardware Wallet is currently in its final stages of development and is expected go on sale later this year.
Download the 1inch DeFi Wallet:
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How can DEX users protect themselves from ๐ซ front-running attacks?
Sergej Kunz knows the answer and is happy to share it with you from the Philippine Blockchain Week's stage!
๐ Reveal the secret: https://youtu.be/G9oqnHnyUS4
Spoiler:he will introduce the 1inch ๐ RabbitHole.
๐ค 1inch | Twitter | Discord | Medium | Reddit | YouTube
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๐ iOS | ๐ Android
Sergej Kunz knows the answer and is happy to share it with you from the Philippine Blockchain Week's stage!
Spoiler:
Download the 1inch DeFi Wallet:
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YouTube
1inch RabbitHole | Sergej Kunz, co-founder of 1inch Network | Philippine Blockchain Week 2022
Sergej Kunz, 1inch co-founder, presents the #1inch RabbitHole at Philippine #Blockchain Week 2022.
0:00 Intro
1:18 Agenda
1:37 What is DEX aggregation?
7:22 DEX aggregators constantly improve their performance
8:41 Attacks against DEX users
9:37 Attacksโฆ
0:00 Intro
1:18 Agenda
1:37 What is DEX aggregation?
7:22 DEX aggregators constantly improve their performance
8:41 Attacks against DEX users
9:37 Attacksโฆ
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Dear community, we invite you to read a brief overview of 1inch news for the past week.
Updates, News and Integrations:
๐ 1inch announced its own Hardware Wallet
โฝ๏ธ 297,801 of 1INCH tokens were paid out under the gas refund program for December
๐ช Thena, OpenLeverage and WOO networkโs sPMM v2 were integrated with 1inch
Events:
๐จ๐ญ 1inch's meetup โInstitutions and DeFi' was held at WEF in Davos on Jan. 17
๐จโ๐ซ Sergej Kunz did the presentation โBetter user experience as a way to attract mass users to DeFiโ and took part in the Web3 investor gathering in Davos
๐โโ๏ธ Valeriya Minaeva, 1inch's BD, participated in the panel CEX vs DEX in Davos
๐ OpenLeverage x 1inch crypto spring contest
Achievements:
๐ฅ 1inch led GenX Analytics' top of 15 big DeFi on BNB Chain with a result of 28K users
๐ฅ 1inch entered CryptoDepโs top of 10 DeFi projects by social activity
Media:
๐ State of 1inch Q4 2022 report by Messari
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Happy Lunar New Year, 1inch fam! ๐งง
May all your professional ambitions be fulfilled ๐ฏ this year.
Did you know that on this day the Chinese hide from a beast called Nian๐ฟ (ๅนด, means 'year') and put up red lanterns and light fireworks? These traditions scare Nian away.
๐ค 1inch | Twitter | Discord | Medium | Reddit | YouTube
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๐ iOS | ๐ Android
May all your professional ambitions be fulfilled ๐ฏ this year.
Did you know that on this day the Chinese hide from a beast called Nian
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