1inch Network (1INCH) Preis

1inch is a decentralized blockchain network and platform for linking various decentralized exchanges (DEX), all in its singular and unified platform. 

Its protocol and network seek to provide cryptocurrency traders and users with the best rates of cryptocurrency prices obtainable across decentralized exchanges. 

The 1inch platform stands out as it utilizes APIs (Application Program Interface) in determining fast and optimum routes for cryptocurrency and token swaps. 

One of the key goals and aims of the 1inch network is to provide security while reducing transaction fees incurred from swapping tokens and cryptocurrencies on its platform. 

1inch Features And Updates

1inch network features an aggregator protocol that generates liquidity from different decentralized exchanges and splits a single trade across various exchanges to provide the best cryptocurrency rates to users.

1inch network also features liquidity pools which allow users to participate and provide liquidity through the staking of native tokens and earn token rewards and a passive income on its platform.

In recent updates, the 1inch network team partnered with Oktagon MMA, one of the world's fastest-growing industry sports promotion companies.

This partnership by 1inch was made to further increase the adoption of cryptocurrencies and decentralization by bridging the sports entertainment industry with the world of decentralized finance.

1inch Team

1inch network was developed and designed by co-founders Sergey Kunz and Anton Bukov in May 2019.

Sergey Kunz and Anton Bukov are skilled software developers with years of experience in the blockchain and cryptocurrency industry.

Cryptocurrency users interacting and leveraging the 1inch network ecosystem make up the 1inch community scaling and driving the growth of the 1inch network.