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1inch Network

The 1inch Network is a distributed network for decentralized protocols enabling operations in DeFi.

institute type

DeFi

market cap

no info

organization details

mission

1inch Network aims to enable the most lucrative, fastest, and protected operations in DeFi.

current challenges

  • Network development
  • Product development
  • Community development 
  • Research & analytics

culture & values

  • Decentralization 
  • Accessibility 
  • Transparency 
  • Trust and confidentiality 

history

Initial Conception The 1inch Network was founded in May 2019 by Serjez Kunz and Anton Bukov. At the ETH NY hackathon, the pair developed their first product, the 1inch Aggregation Protocol. In August of 2020, 1inch launched Mooniswap, otherwise known as the 1inch Liquidity Protocol. Mooniswap was dubbed a next-generation Automatic Market Maker (AMM) built to prevent front-running. 

Just a few months later, in November 2020, the 1inch Network launched 1inch V2. 1inch V2 also widely expanded which protocols it supports from the initial three to over twenty different major liquidity protocols as well as enhanced the user interface.

In December 2020, the 1INCH token was released along with the 1inch DAO, where the token could be staked on the 1inch Exchange granting the right to vote on key protocol parameters and take part in network governance.

The 1inch Limit Order Protocol was launched on June 10, 2021.

core team

Anton Bukov - Co-Founder

Sergej Kunz - Co-Founder 

Mikhail Melnik - Lead Blockchain Engineer & Architect

Nikita Ovchinnik - Business Development Lead

Natalia Toporkova - Support & Community Lead