1inch Overview

What is 1inch?

1inch is a decentralized finance (DeFi) platform that aggregates multiple decentralized exchanges to find the most efficient swap routes for its users. By connecting a variety of exchanges, 1inch allows users to get the best possible trading rates across the DeFi ecosystem with minimal slippage. The platform includes features such as a liquidity protocol (to provide liquidity and earn on trades) and a governance module (allowing token holders to vote on important platform decisions). 1inch is designed to optimize and simplify the process of trading cryptocurrencies in a decentralized manner, enhancing accessibility and efficiency for users in the DeFi space.

Main Features
Get best rates and minimal slippage
Gas Fee Optimization
Community-governed
1inch portfolio for precise and comprehensive data
Developer tools such APIs and grant program

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Frequently asked questions

The 1inch Foundation Grant Program is designed to support developers and projects that contribute to the 1inch network ecosystem's growth and development. It aims to encourage innovation within the DeFi space by providing financial assistance to projects that align with 1inch's vision of making DeFi more accessible, efficient, and secure. The program focuses on various areas such as protocol utility enhancement, community tools, analytics interfaces, and educational initiatives. Grant recipients are selected based on their project's potential impact, innovation, and alignment with the 1inch ecosystem's needs. This initiative not only fosters DeFi innovation but also strengthens the 1inch community by supporting projects that benefit users and contribute to the broader blockchain and DeFi ecosystems. For more detailed information, visit the 1inch Foundation Grant Program page.

Limit orders allow users to set a specific price at which they want to buy or sell a cryptocurrency. 1inch executes the order once the market price matches the user's specified price, giving traders more control over their transactions.

No, there's no need to create a traditional account. You simply connect your cryptocurrency wallet to 1inch, and you can start trading immediately while retaining full control over your assets.

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