Introduction
The 1INCH token serves as the dual-purpose governance and utility token powering the 1inch Network. With a total supply of 1.5 billion, it enables decentralized decision-making and prioritizes swap executions across multiple blockchains. Below, we break down its tokenomics, use cases, and distribution.
Core Features of the 1INCH Token
1. Governance
Token holders participate in governing the 1inch Aggregation Protocol and 1inch Liquidity Protocol. Future protocols will also integrate 1INCH-based governance modules.
2. Utility in Fusion Mode
Resolvers use 1INCH tokens to:
- Prioritize access to swap executions.
- Optimize trade routes for better liquidity.
3. Multi-Chain Accessibility
Currently deployed on:
- Ethereum (native chain).
- BNB Chain (via bridge, with no additional minting).
Tokenomics Breakdown
Token Unlock Schedule
- Initial unlock: 6% (90M tokens) at launch.
- Remaining 94%: Released linearly until December 2024.
Distribution Allocation
| Category | Percentage | Tokens (1.5B Total) |
|---------------------------|------------|---------------------|
| Community Incentives | 30% | 450M |
| Growth & Development Fund| 14.5% | 217.5M |
| Backers & Core Team | 55.5% | 832.5M |
FAQs
Q1: How can I stake 1INCH tokens?
A1: Staking is available through the 1inch Liquidity Protocol, rewarding participants with swap fees and governance power.
Q2: What’s the role of resolvers in Fusion mode?
A2: Resolvers use 1INCH tokens to bid for swap prioritization, ensuring efficient trade execution.
Q3: Will 1INCH expand to other blockchains?
A3: The team plans multichain integrations, similar to the BNB Chain bridge, without inflationary token issuance.
Why 1INCH Stands Out
👉 Discover how 1INCH compares to other DeFi governance tokens in terms of transparency and utility.
With 137,000+ holders and clear tokenomics, the 1INCH token is designed for long-term ecosystem growth. Its structured unlock schedule prevents market dilution, while governance incentives foster community-led innovation.
For deeper insights into decentralized finance dynamics, explore our analysis 👉 here.
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