1inch is ...Inflationary?

Written by adamhurwitz | Published 2021/05/24
Tech Story Tags: bitcoin | ethereum | defi | dex | blockchain | altcoins | tokenomics | decentralised-finance

TLDR In January 2021 the 1INCH token was worth $1.00 and grew over 300% to now in May 2021, even after this market cycle's largest pullback yet. Currently, DeFi Pulse has 1inch at the eighth-largest decentralized exchange (DEX) in terms of USD total value locked, right under ~$82m. The main question is what is the governance for the 1inch Gnosis multisig wallet. There is an external "mint" function that allows for the creation of new tokens.via the TL;DR App

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Written by adamhurwitz | An account about nothing | Researcher and product consultant
Published by HackerNoon on 2021/05/24