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What is 1inch airdrops?

1INCH Airdrops Overview - Claim free 1INCH. 1inch exchange launched in August 2020 following a $2.8 million funding raise from Binance Labs, Galaxy Digital, Greenfield One, Libertus Capital, IOSG, Dragonfly Capital, FTX, LAUNCHub Ventures and Divergence Ventures. 1INCH integrates Uniswap, Kyber, Curve, Oasis, 0x, and other DEX protocols.

What is the 1inch airdrop referral program?

The 1INCH Airdrop Referral Program is worth Free 1INCH tokens for creating volume through a referral link share. When someone uses 1inch exchange to swap, that transaction incurs a Fee. This extra is distributed to governance participants ( Stakers ). Referrals also get a part of that percentage, around 28% today.

What is 1inch Dapp?

1inch is an innovative app that rests on a tall technology stack. The 1inch dApp is a DEX aggregator that searches a handful of DEXes and hundreds or thousands of liquidity providers to find the best deal on a trade you want to make. You specify the cryptocurrency you’re offering and the crypto you want to acquire, and the dApp does the rest.

What are token airdrops?

Token airdrops are a popular strategy among DeFi protocols like 1inch. In the spirit of decentralization, teams often reward early users who helped bootstrap their protocol with a supply of tokens. Tokens are frequently used to vote in governance proposals.

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