🔥 ETH burned weekly update

🔹 Ether burned over the last 7 days:
259.4 ETH | $408.1K 🔽 0.5% compared to the previous week

🔹 Ether burned in total:
42,359 ETH | $129.5M 🔼 0.61% compared to the previous week

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🔥 A huge announcement for resolvers!

🏦 The 1inch Foundation has allocated 10M 1INCH tokens to the Delegation Incentive Program, which aims to incentivize the delegation of 1INCH stakers’ Unicorn Power to resolvers.

Users who stake their 1INCH tokens, now receive Unicorn Power, which could be used in multiple ways.

📖 Read more: https://blog.1inch.io/1inch-incentivizes-unicorn-power-delegation

💰 Under the new program, 250K 1INCH tokens will be distributed to 1inch resolvers once a week. The resolvers, in turn, will use these funds to reward stakers who delegated them Unicorn Power, making the staking of 1INCH tokens 🙌 extremely attractive.

💡 To learn more about 1INCH staking, check out this Help Center article: https://help.1inch.io/en/articles/6909554-how-to-earn-rewards-by-staking-1inch-tokens-and-delegating-unicorn-power

⚠️ The number of tokens that each resolver will receive will depend upon their network share.

The program will run until the entire 10M 1INCH fund is distributed.

You can delegate Unicorn Power to the 1inch Labs resolver and start receiving 🎁 rewards right now!

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🕸️ The Web’s evolution is moving forward by leaps and bounds.

In today’s article, we will discuss how Web3 enhances user experience, focusing on its key elements, use cases and challenges.

📖 Read: https://blog.1inch.io/web3-top-values-powering-the-web-evolution

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📹 Watch the first video from our meetup ‘Institutions and DeFi in 2023’!

Panel: On the 🛣️ ‘Road of Irrelevance’: Why is crypto still relevant for institutions?

▶️ Watch: https://youtu.be/81efF2Gow_g

🗣️ Speakers: Martin Burgherr (CCO Sygnum Bank), Romain Braud (BD Arab Bank), Ivan De Lastours (Crypto Lead BPI France)

👥 Moderator: Gareth Jenkinson (Cointelegraph)

▶️ We're gonna keep the meetup playlist updated: https://youtube.com/playlist?list=PLHF7PiFqCHX8HOwKB6hVL1OQmGrHw0BNM

Stay tuned for new videos ✌️

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📢 A small announcement for those of you who’ve been wondering where milestones went.

📊 The thing is that our analytic tools are evolving, which allows us to process large amounts of data in a faster and more precise way.

🙌 New features gave us the opportunity to develop and improve our approaches to calculations, increasing their correctness and accuracy.

Now, even when we count some retrospective data, we have the ability to work directly with calls within each transaction.

In addition, it has become possible to view the main metrics for more wide number of chains.

‼️ Considering all mentioned above, some of our milestones reached in the past are not relevant anymore.

We will certainly continue to keep you updated on our latest achievements. 🤓 Just keep in mind that trading volume numbers, as well as swap and user numbers on some chains will differ from what we reported before.

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📹 Here comes the second video from our meetup ‘Institutions and DeFi in 2023’!

It's a Q&A on 💵 Finance and Sustainability.

▶️ Watch: https://youtu.be/_MUr3GWhRwU

🗣️ Speakers: Manuel Echanove (Strategy Polygon Enterprise), Pierandrea Quarta (CEO REBO)

👤 Moderator: Walid Benotman (1inch Network Growth Manager)

➡️ We're gonna keep the meetup playlist updated: https://youtube.com/playlist?list=PLHF7PiFqCHX8HOwKB6hVL1OQmGrHw0BNM

Stay tuned for new videos ✌️

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🤩 Looking back at the meetup “Institutions and DeFi in 2023,” held by 1inch last week, we prepared an insightful recap of the event, featuring exclusive quotes from the participants!

📖 Read more: https://blog.1inch.io/1inchs-meetup-at-the-wef-annual-meeting

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🦄 Here comes a quick update with the freshest Fusion mode analytics!

📊 To date, $837M in trading volume has gone through Fusion mode. The total number of 🔁 swaps completed in Fusion is currently 86K and the total number of unique wallets is 26K.

🤓 Check out the Fusion mode dashboard here: https://dune.com/1inch/fusion

🏆 Top 5 most popular trading pairs on Fusion:

🥇 USDT - USDC
🥈 USDC - WETH
🥉 USDC - USDT
🏅 DAI - USDC
🎖️ USDT - WETH

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🤟 1inch Weekly Recap #50

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

Updates, News and Integrations:

🤝 1inch partnered with Okse Wallet, integrated with Equalizer DEX and Verse DEX by Bitcoin.com

🗳️ SCCP-274 was supported under the governance process and will soon be enabled by 1inch Fusion contracts

🏦 The 1inch Foundation has allocated 10M 1INCH tokens to the Delegation Incentive Program

Achievements:

💰 1INCH led the top 15 coins by LunarCrush

Media:

🌐 1inch x Okse Wallet Twitter Space: https://twitter.com/i/spaces/1nAJErDYQkbxL

🌐 "Web3 top values: powering the Web evolution" article: https://blog.1inch.io/web3-top-values-powering-the-web-evolution

🌐 "On the ‘Road to Irrelevance’: Why is crypto still relevant for institutions?" panel video recording: https://www.youtube.com/watch?v=81efF2Gow_g

📊 The post about where 1inch milestones went: https://twitter.com/1inch/status/1618654480219897858

❓ "Q&A on Finance and Sustainability" video: https://www.youtube.com/watch?v=_MUr3GWhRwU

🇨🇭 "1inch’s meetup at the WEF Annual Meeting" recap: https://blog.1inch.io/1inchs-meetup-at-the-wef-annual-meeting

Key stats:

🔹 Ethereum: $237.6B in volume, 8.8M swaps, 1.7M users

🔶 BNB Chain: $32.4B in volume, 14.1M swaps, 2.7M users

🟣 Polygon: $17.8B in volume, 11.3M swaps, 1.3M users

🔴 OΞ: $1.5B in volume, 681.2K swaps, 162.6K users

🔴 Avalanche: $3B in volume, 637.6K swaps, 104.9K users

🟦 Fantom: $675.4M in volume, 574.3K swaps, 16K users

📶 Arbitrum: $3.1B in volume, 1M swaps, 213K users

🦉 Gnosis: $190M in volume, 176K swaps, 9.6K users

🦄 1inch Fusion mode: $837M in volume, 86K swaps, 26K users

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🔥 ETH burned weekly update

🔹 Ether burned over the last 7 days:
245.6 ETH | $380.6K 🔽 5.3% compared to the previous week

🔹 Ether burned in total:
42,605 ETH | $129.9M 🔼 0.58% compared to the previous week

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🚨 RAFFLE ALERT 🚨

🙌 1inch x Illuvium are giving away an Illuvium Zero Tier 1 land plot!

To win, stake at least 50 1INCH and 🏁 complete all the steps in our quest: https://box.genki.io/QSW34I

🤩 One winner will be chosen randomly.

🗓️ End: Feb. 6

Stake tokens only via your 1inch Wallet ‼️

✅ Download it here: https://1inch.io/wallet/

ℹ️ Check out the full info about the prize: https://illuvidex.illuvium.io/asset/0x9e0d99b864e1ac12565125c5a82b59adea5a09cd/2652

🍀 Keep your DMs open and may the luck be with you!

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🌐 A hot new video from our meetup ‘Institutions and DeFi in 2023’ is out now!

Dive into the latest crypto insights in Sergej Kunz’ keynote address 🌐 “Better user experience as a way to attract mass users to DeFi.”

▶️ Watch: https://youtu.be/7DhPAmMI1ks

➡️ We'll keep the meetup playlist updated: https://youtube.com/playlist?list=PLHF7PiFqCHX8HOwKB6hVL1OQmGrHw0BNM

Stay tuned for new videos ✌️

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💡 Stay current with 1inch news: January digest

ℹ️ In this issue: 1inch Hardware Wallet announcement, integrations including Beefy, the meetup ‘Institutions and DeFi in 2023’, chain stats and more.

📖 Read more: https://blog.1inch.io/1inch-monthly-digest-january

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📹 Check out a new video from our meetup ‘Institutions and DeFi in 2023’!

Panel: Is the crypto winter ❄️ a good time to invest into crypto assets?

▶️ Watch: https://youtu.be/bP29Iy6VaEo

🗣️ Speakers: Semih Kaçan (Investment Manager Swisscom ventures), Leeor Groen (Managing Director Spartan Group), Sheraz Ahmed (Managing Partner Storm Partners)

👤 Moderator: Janis Aguilar (Ecosystem Manager Acceleration CV Labs)

➡️ We'll keep the meetup playlist updated: https://youtube.com/playlist?list=PLHF7PiFqCHX8HOwKB6hVL1OQmGrHw0BNM

Stay tuned for new videos ✌️

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✅ We're excited to share that the proposal "Improve Fusion Auction Resolver Competition" has successfully passed the voting process!

[1IP-12] will change the way 1inch Fusion Mode orders are filled.

⚡️ Snapshot link: https://snapshot.org/#/1inch.eth/proposal/0x4cccc905118f77038cafc65ff41d700c7cc696d4644a74a792c67ea590397941

Namely, the improvement will allow all five resolvers to participate in every stage of a Dutch auction. 👍 This change is going to increase competition amongst resolvers and ensure that users get the best rates.

🤟 1inch | Twitter | Discord | Medium | Reddit | YouTube

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🤟 1inch Weekly Recap #51

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

Updates, News and Integrations:

🎁 1inch x Illuvium are giving away an Illuvium Zero Tier 1 land plot: https://twitter.com/1inch/status/1620077690220052485

🔎 You can now track assets on 1inch Wallet using CoinStats

🤝 1inch integrated with Wombat Exchange and will appear on Venus Protocol’s Isolated Markets

🗳️ [1IP-12] passed the voting process

Achievements:

🏆 1inch entered Top 10 DeFi dApps by user activity, according to CryptoDep

🥳 1inch Fusion Mode has successfully surpassed $1B in total trading volume.

Media:

❓ AMA with Anton and Sergej feat. Revelo Intel: https://twitter.com/ReveloIntel/status/1610863689799696386

📺 “Better user experience as a way to attract mass users to DeFi” keynote feat. Sergej Kunz: https://www.youtube.com/watch?v=7DhPAmMI1ks

📰 January digest: https://blog.1inch.io/1inch-monthly-digest-january

📼 “Is the crypto winter a good time to invest into crypto assets?” panel: https://www.youtube.com/watch?v=bP29Iy6VaEo

Key stats:

🔹 Ethereum: $238.8B in volume, 8.9M swaps, 1.7M users

🔶 BNB Chain: $32.5B in volume, 14.2M swaps, 2.7M users

🟣 Polygon: $18B in volume, 11.6M swaps, 1.3M users

🔴 Optimism: $1.5B in volume, 697.4K swaps, 164.4K users

🔴 Avalanche: $3.1B in volume, 665.5K swaps, 106.4K users

🟦 Fantom: $687.8M in volume, 585.7K swaps, 16.4K users

📶 Arbitrum: $3.1B in volume, 1.1M swaps, 220.5K users

🦉 Gnosis: $191.1M in volume, 177.6K swaps, 9.7K users

🦄 1inch Fusion Mode: $1B in volume, 112.9K swaps, 35.2K users

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🥳 We’re excited to share that the 1inch x Illuvium raffle has come to an end!

🥁 Drumroll, please…

🙌 Check out the delighted owner of the IlluviumZero Tier 1 land plot here: https://box.genki.io/QSW34I

🙏 Huge thanks to everyone for participation!

Stay tuned 🫶

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🔥 ETH burned weekly update

🔹 Ether burned over the last 7 days:
384.23 ETH | $668,114 🔼 56.4% compared to the previous week

🔹 Ether burned in total:
42,988 ETH | 130.5M 🔼 0.9% compared to the previous week

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🎮 In our newest educational article, we're discussing some fun ways of earning crypto.

Namely, through playing, learning, moving and even 😴 sleeping.

📖 Read more: https://blog.1inch.io/fun-ways-of-earning-crypto-play-learn-and-other-x-to-earn-models

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📹 Another video from our meetup “Institutions and DeFi in 2023” is waiting for you to watch!

Panel: ⚖️ “Regulating DeFi: How to reach a balance between protecting users and fostering innovation”

▶️ Watch: https://youtu.be/rKBMHbBk51Q

🗣️ Speakers: Orest Gavryliak (The 1inch Network General Counsel), Marcos Benitez (BD Director of Copper), Salama Belghali (Head of BD Bitmex)

👤 Moderator: Mark Mueller-Eberstein (CEO of CodexDF)

➡️ We'll keep the meetup playlist updated: https://youtube.com/playlist?list=PLHF7PiFqCHX8HOwKB6hVL1OQmGrHw0BNM

Stay tuned for new videos ✌️

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📺 As usual, for those of you who missed the recent 1inch Network DAO Community Call with the 1inch Network’s co-founder Anton Bukov and the 1inch Lead Blockchain Engineer & Architect Mikhail Melnik, we’ve uploaded the full recording on YouTube.

▶️ Check it out: https://youtu.be/_3dGbwRrsFw

🙏 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 forget to join us on Discord: https://discord.gg/1inch

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