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1inch Network Pays Out 1.4 Million 1inch Tokens As Gas Refunds

Twitter icon  •  Published 1 year ago on March 2, 2023  •  Hassan Maishera

The 1inch Network announced via Twitter on Wednesday that it paid out 1.4 million 1inch tokens as gas refunds.

1inch Network Pays Out 1.4 Million 1inch Tokens As Gas Refunds

The 1inch Network announced via Twitter on Wednesday that it paid out 1.4 million 1inch tokens as gas refunds. The funds were distributed under the 1inch Resolver Incentive Program & Delegation Incentive Program. Furthermore, 1inch Network paid out $1 million worth of 1inch tokens as incentives to 1inch Resolvers. The programs will run until the entire combined 20M $1INCH fund is distributed, the team added. 

The 1inch Network is a DEX aggregator protocol across multiple chains, including Ethereum, BSC, Polygon, Optimism, and Arbitrum. 1INCH is down by 5% in the last 24 hours and is currently trading at $0.563 per token.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.