1inch airdrop: how to claim 1inch token airdrop – A Complete Guide

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1inch is a decentralized exchange aggregator that can split a single trading transaction among numerous DEXs and obtains liquidity from different exchanges. This aggregator uses smart contract technology to give users the ability to optimize and tailor their trades.

You can now add liquidity to 1inch liquidity pools and stake LP tokens to earn 1inch tokens thanks to the release of the 1INCH token and the integration of liquidity pools to the platform.

What is 1inch

Following a $2.8 million fundraising round from Binance Labs, Galaxy Digital, Greenfield One, Libertus Capital, IOSG, Dragonfly Capital, FTX, LAUNCHub Ventures, and Divergence Ventures, 1inch exchange started in August 2020. Uniswap, Kyber, Curve, Oasis, 0x, and other DEX protocols are integrated by 1INCH.

It enables users to trade with multiple ERC-20 tokens on different DEXs for the best transaction pricing by integrating with a variety of DEX service providers. Moreover, 1inch debuted Mooniswap, a proprietary automated market maker (AMM). AMMs fundamentally alter how consumers exchange cryptocurrency. In the meantime, trading fees that are based on the percentage of their contribution to the pools are a passive source of income for liquidity providers.

A new generation Gastoken (CHI) that allows consumers to save a lot of petrol has been introduced by the 1inch team. The introduction of the CHI GasToken has made transactions on 1inch up to 42% less expensive. By identifying the most effective switching routes across all major DEXes, 1inch provides the greatest prices.

A decentralised permissionless network will be built with the aid of the 1INCH token. All 1inch Network protocols will be governed by it, elevating DeFi governance to a new level. Some exchanges, notably Binance, Huobi Global, and OKEx, provide 1INCH.

1inch Airdrop

An airdrop is a way to distribute free tokens or coins to people who meet certain requirements, such as holding a particular cryptocurrency or completing certain tasks.

In the case of 1inch, they have conducted several airdrops in the past where they gave away free 1INCH tokens to people who had used their platform to make trades or provided liquidity to their liquidity pools.

These airdrops were a way to reward their users and promote the adoption of their platform. However, it’s important to note that airdrops are not guaranteed and are usually announced in advance, so it’s important to be cautious of any scams or fraudulent airdrops that may try to steal your personal information or cryptocurrency.

1inch Airdrop Claim

1inch airdrop Claim: To get free tokens to early adopters and liquidity providers to mark the debut of the 1INCH coin. The tokens will be distributed to all wallets that have interacted with 1inch by December 24 (00:00 UTC) if they satisfy specific requirements, and liquidity providers will also be given additional benefits. To learn more about this initiative, go here and then scroll down.

Extra airdrop for Uniswap and other AMM users: Moreover, 1inch airdrop a total of 15,055,000 1INCH to users of the Mooniswap, Uniswap, Argent, Authereum, Gnosis, and Pillar wallets. To learn more about this initiative, go here and then scroll down.

1inch token airdrop

Complimentary 1INCH tokens airdrop are awarded as part of the 1INCH Airdrop Referral Program for generating volume through the sharing of referral links. When someone utilises 1inch exchange to swap, a Fee is associated with that transaction. The participants in governance receive something additional (Stakers). Almost 28% of that amount today comes from referrals. Because each transaction is unique, it is difficult to estimate how many tokens you will receive.

Also, users can gain 1INCH tokens airdrop by taking part in the yield farming program (liquidity mining program), however in order to do so, you must be a liquidity provider to one of the chosen pools.

One clever airdrop hunter acquired 9,749,686.003 1INCH tokens on Christmas Day, valued at $27.5 million at the peak price of $2.8 per token. Learn more about how he did it.

1inch airdrop – How to claim 1inch airdrop?

Step-by-Step Guide ”1INCH Airdrop”

  1. First of All, Visit the 1inch Exchange website.
  2. Connect your ETH wallet to website.
  3. To copy your referral link, click the “COPY” button next to it on the right side of the page.
  4. Click “Claim” by selecting the purple horse button in the top right corner.
  5. You will get free 1INCH tokens if you are eligible.
  6. Based on the liquidity mining programme that was launched earlier this fall, 1inch liquidity providers will also get free 1INCH coins.
  7. See this post for more details about the 1inch airdrop.

1inch airdrop date

1inch airdrop date is 14 December.

1inch airdrop contract address

1INCH Token (1INCH) ERC20 Token in Binance Smart Chain Mainnet. Token is implemented as ERC20 smart contract with address  0x111111111117dc0aa78b770fa6a738034120c302 .

1inch airdrop amount

Total amout of 1inch airdrop is 105,055,000 1INCH

1inch airdrop Platform

The Platform of 1inch airdrop is ETH.

How do I get 1inch airdrop?

To get a 1inch airdrop, you need to meet certain requirements set by 1inch, such as interacting with the platform by making trades or providing liquidity. Airdrops are not guaranteed and may be announced in advance.

how to claim 1inch token airdrop?

To claim a 1inch token airdrop, you typically need to have an Ethereum wallet that supports the ERC-20 token standard, and ensure that you meet the requirements specified by 1inch for that particular airdrop.

Once you have met the requirements and the airdrop has been distributed, you should be able to see the 1inch tokens in your Ethereum wallet. If you don’t see the tokens, you may need to add them as a custom token to your wallet using their contract address and token symbol.

It’s important to note that claiming airdrops may involve some risks, such as transaction fees or potential scams, so it’s important to be cautious and do your own research before participating in any airdrops.

If you have any questions or issues regarding claiming a 1inch token airdrop, you can contact their support team or join their community channels for assistance.

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