📣 ETH burned weekly update 📣

🦄🔥 1inch still takes 8th place in the TOP-10 of the ETH Burn Leaderboard!

🔷 Ether burned over the last 7 days - $4.2M (1303,25 in ETH)

🔷 Ether burned in total - $85.9M (22.1K in ETH)

🙌 We’ve got some great news for those of you who are into deep analysis and research.

🦄📑 1inch is launching a documentation portal with highly detailed denoscriptions of our protocols and all important links gathered in one place!

➡️ Learn more: https://docs.1inch.io/

✅ Oh, btw, we also created a separate section about our Governance with pages dedicated to Proposal Lifecycle, Voting Process, Instant Governance etc.

🌐 Hope you will also find it useful: https://docs.1inch.io/docs/governance/overview

👀 In life, we often have to choose between two options both of which may seem important to us.

But what if we could go for both options at once? 😏Sounds fantastic, doesn't it?

😈 Well, nothing is impossible for 1inch...

🎊 Here comes a massive double announcement: the 1inch Network expands to two fast-growing chains offering our users more options for low-costs, high-speed transactions.

✨ Behold, Avalanche & Gnosis in the flesh!

🔺 Avalanche is a popular cross-chain network that has recently shown quite remarkable growth.

📝 According to Defi Llama, Avalanche’s TVL stood at $10.6B in mid-January 2022.

⛰ Avalanche saw an average daily transaction number of 673K in Dec. 2021, with 98K daily active addresses. The most used dApp currently is Trader Joe with an average daily volume of $223M.

✅ A list of protocols immediately available via 1inch on Avalanche: 1inch LOP v2, Aave v2, Baguette, Canary Exchange, Curve v1 / Curve v2, Elk Finance, KyberSwap, Lydia Finance, OliveCash, Pangolin, SushiSwap, Trader Joe, YetiSwap, WAVAX.

🦉 Gnosis Chain, formerly known as xDai Chain, had a TVL of $208.2M in mid-January 2022, according to DeFi Llama. 🏆 In December 2021, the chain on average ran 223,814 daily transactions and had 11,318 active daily wallets, according to Dune Analytics.

🦾 The largest DEX on Gnosis Chain is Curve v1, with an average weekly volume of $1.7M.

📋 A list of protocols immediately available on Gnosis Chain via 1inch: 1inch LOP v2, Curve v1, Elk Finance, Honeyswap, Levinswap, SushiSwap, Swapr, Symmetric, wxDai.

▶️ Read more: https://blog.1inch.io/the-1inch-network-expands-to-avalanche-and-gnosis-chain-67875fdbf73c

🦄🚀 We’ve just reached 5M swaps on the Ethereum Network!

This wouldn’t be possible without you, guys ❤️

🔗 https://dune.xyz/1inch

📣 ETH burned weekly update 📣

🦄🔥 1inch now takes 9th place in the TOP-10 of the ETH Burn Leaderboard!

🔷 Ether burned over the last 7 days - $4M (1450,03 in ETH)

🔷 Ether burned in total - $90M (23.5K in ETH)

🦄👥 Here comes a new exciting proposal from the 1inch Community!

💡 1IP-05: Add Derivative Aggregation to 1inch Network is in the temperature check phase with a high likelihood of going to the final voting phase.

➡️ Read and discuss the proposal here:
https://gov.1inch.io/t/1ip-05-add-derivative-aggregation-to-1inch-network/2828

‼️ If you want to participate in the final vote, make sure to stake your 1INCH in the governance contract by Friday, January 28th: https://app.1inch.io/#/1/dao/governance

📢 Join the 1inch Network DAO Community Call #01 on Discord!

⏲ We’re starting in 20 minutes!! ⏲

😘 How could you miss out on an insightful discussion?!

🔥 POAP drop for all attendees!

▶️ An invite link to the Call: https://discord.gg/qPEzMwsm?event=935881280485208064

📝 Agenda:
- [1IP-05] Add Derivative Aggregation to 1inch Network
- Multi-asset transaction routing
- Governance tools
- How to expand gover

🦄🎊 1inch has surpassed $130B in total trading volume on the Ethereum Network!

🔥 New week, new milestone 🔥

🔗 https://dune.xyz/1inch

📣 ETH burned weekly update 📣

🦄🔥 1inch still takes 9th place in the TOP-10 of the ETH Burn Leaderboard!

🔷 Ether burned over the last 7 days - $2.5M (1034,97 in ETH)

🔷 Ether burned in total - $92.5M (24.6K in ETH)

🦄👥 Wanna discuss the most recent updates and news or simply post some memes about 1inch?

▶️ Join our growing community on Reddit: https://www.reddit.com/r/1inch/

📢 Calling upon all brave liquidity providers 📢

💸 We’re excited to release 1inch Earn, a new investment product offering attractive APYs.

🦄⛏ So grab your pickaxes and prepare to go down to a dungeon of extra earnings!

💡 The concept of 1inch Earn – previously referred to as Trading Strategies – was for the first time introduced in the 1inch Network Treasury proposal in September 2021.

🤔 So what is it actually?

🌊 Basically, 1inch Earn is a set of liquidity pools operating on a model similar to UniswapV3 range orders and optimized for stablecoins. 💵 Earnings come from fees on swap trades in the pool.

⏱ At the time of launch users’ earnings from 1inch Earn are estimated to be in the range of 5-10% APY and, in future, profitability will depend on market conditions.

🔁 Swaps in the pool will be done by arbitrage traders, algorithmic trade bots and individual 1inch users.

🧠 The idea behind 1inch Earn is the more efficient use of capital in AMM-based pools.

💧 In a standard pool, all liquidity is distributed equally along the entire price range between zero and infinity. As a result, most of the liquidity is never used.

💰 So, 1inch Earn enables liquidity providers to concentrate their assets to smaller price intervals than between 0 and infinity.

✅ This enables traders to get deeper mid-price liquidity for swaps, and liquidity providers earn more fees.

➕ 1inch Earn uses slight movements in stables' prices to facilitate extra swaps and, consequently, bring additional earnings for liquidity providers.

🚀 At this point, the first pool has been launched on the Ethereum network, featuring the USDC/USDT pair.

🦾 In future, more pools will be added, including those featuring tokens other than stables.

➡️ Learn more: https://blog.1inch.io/1inch-launches-earn-6498908a60eb

🌐 1inch Earn is viewed as fully open-source and available for various integrations.

🛠️ To integrate the 1inch API, follow this link and fill out a form: https://1inch.typeform.com/to/o5xoK8NF?typeform-source=1inch.io

🌊 Welcome the January batch of gas refunds + DeFi Racer Tournament #1 & #2 prize distribution!

🔥 2,059,594 of 1INCH tokens have already been paid out under the 1inch Gas Refund Program 🔥

🏎💰 20K of 1INCH tokens have been sent to winners of DeFi Racer Tournaments.

‼️ The program will run until a 10M 1INCH mark is reached.

⚠️ Quick reminder: to be eligible for monthly gas refunds, a 1inch user needs to stake 1INCH for the entire period between their first swap of the month and the day of gas refund distribution.

🦄👌 Plus another 100K in total user count on the Ethereum Network!

🙏 This is probably the most important metric to us and it is always a pleasure to see the 1inch Community grow rapidly.

Love you, guys ❤️

🔗 https://dune.xyz/1inch

🦄💰 Here comes a new batch of grants!

👏 $634K in 1INCH tokens will be distributed to grant recipients as part of the 1inch Grant Program.

▶️ Read more: https://blog.1inch.io/the-1inch-foundation-releases-634-000-to-grantees-36a0d097f75

⏰ Quick reminder: the program was launched to foster the growth of the 1inch ecosystem and the DeFi industry at large.

▶️ Check out this post for more info: https://blog.1inch.io/1inch-foundation-launches-a-3-million-grant-program-8fdda1a51da4

📣 ETH burned weekly update 📣

🦄🔥 1inch still takes 9th place in the TOP-10 of the ETH Burn Leaderboard!

🔷 Ether burned over the last 7 days - $2M (709,04 in ETH)

🔷 Ether burned in total - $94.9M (25.4K in ETH)

🦄🎞️ You should definitely check out the latest episode of "The Future is Now" with some exclusive commentaries from 1inch co-founder Sergej Kunz!

💎 This is a masterpiece documentary on the decentralized future. 👌 Worth watching for sure!

🦄🎊 Today, we’re launching a weekly digest of all key updates, events and milestones related to the 1inch Network!

Ahem, drumroll please 🥁

👏 Meet the 1inch Weekly Recap!

🌐 Updates & news:

💰 The 1inch Foundation released $634,000 to grantees

👥 The 1inch Labs goes to ETHDenver 2022

✅ 1INCH is integrated into ZebPay QuickTrade

⚙️ Enjin Wallet 2.0 now supports 1inch

🏆 Milestones achieved:

- 1.1M in total user count on the Ethereum Network (according to Dune Analytics)

- 1M followers on Twitter

- 3rd place among the Top BSC Projects by user numbers in the last 7 days (according to BSCDaily)

📊 Key stats:

🔷 Ethereum: $134B Volume, 5.1M Swaps, 1.1M Users

🔶 BSC: $16.5B Volume, 4.1M Swaps, 612K Users

🟪 Polygon: $27.5B Volume, 4.5M Swaps, 235K Users

📣 ETH burned weekly update 📣

🦄🔥 1inch still takes 9th place in the TOP-10 of the ETH Burn Leaderboard!

🔷 Ether burned over the last 7 days - $1.8M (593,39 in ETH)

🔷 Ether burned in total - $96.3M (25.8K in ETH)

🔮 Get ready to see mysteries hidden from the eyes of mere mortals!

Meet the 🦄 1inch's spot price aggregator, a 🪄 magic DeFi tool that enables immediate displays of token prices in the interfaces of websites and apps.

💡 The spot price aggregator is a tool that extracts price data for tokens traded on DEXes from the blockchain.

⛔️ To avoid price manipulations within a transaction, it is recommended that the spot price aggregator only be used off-chain.

The spot price aggregator supports multiple DEXes aggregated by the 1inch router and, therefore, all tokens traded on those DEXes.

👁️ You can view all the supported deployments here: https://docs.1inch.io/docs/spot-price-aggregator/introduction/

⚡️ Compared with other similar solutions, the 1inch spot price aggregator supports a higher number of DEXes on Ethereum, BSC, Polygon, Avalanche, OΞ, Arbitrum and Gnosis Chain, as well as immediate display of prices without any lag.

🛠️ Technically, the spot price aggregator could be integrated in any place where a token price is displayed and needs to be converted into US dollar or other fiat currency.

⚙️ If you need to execute more complex tasks related to trading, arbitrage or liquidation, consider using the 1inch Aggregation Protocol API: https://docs.1inch.io/docs/aggregation-protocol/api/swagger/

Meanwhile, if you want to develop your own full-scale solution based on 1inch protocols, you are ennoscriptd to funding under the 1inch Grant Program.

🔗 Details of the grant program are available here: https://1inch.io/foundation-grant-program/