DeFi platform 1inch releases governance and utility token

The 1INCH tokens will govern both the platform's automated market maker protocol and its DEX aggregator. The team behind the DeFi platform 1inch is releasing a governance and utility token, according to a Dec.

DeFi protocol 1inch closes $12M funding round led by Pantera Capital

Funding will be used to expand 1inch's presence in Asia and build new products. The team behind the 1inch protocol, which combines an automated market maker protocol and an aggregator for other DEXs, announced on Wednesday a successful Series A round for $12 million. Pantera Capital, a major venture fund active in the cryptocurrency space, led the round.

DeFi protocol 1inch set to be the first to expand to the NEAR blockchain

Mooniswap and the Pathfinder algorithm will be available to NEAR users. The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform. As part of a collaboration announced on Tuesday, the 1inch team pledged to port its automated market maker protocol to NEAR.

Group Uses Flash Loan to Game Maker Protocol Governance

BProtocol used a DeFi arbitrage tool to push through a governance vote it had proposed on the Maker protocol.

Calls for Maker (MKR) Rally Grows as Utility Touches Record High

A skyrocketing utility statistics coming out of Maker, a peer-to-contract lending platform, has increased its governance token MKR’s bullish appeal among analysts.