Overview
1INCHThe introduction of the 1INCH token and DAO underscores a new era for the 1inch Network within the DeFi landscape. With "instant governance," adaptability and responsiveness to market changes are enhanced, setting a precedent for other platforms. This foundational shift not only boosts community participation but also solidifies the network's resilience and transparency, optimizing the broader DeFi ecosystem's health and dynamism.
The release of the 1INCH token by the 1inch Foundation signifies a paradigm shift in the 1inch Network's governance, allowing for decentralized, community-driven oversight. Accompanied by the DAO's introduction, this event marks a breakthrough in introducing "instant governance", empowering every token holder to shape the network's protocols, notably the 1inch Aggregation and Liquidity Protocols.
Event Trackables
Updates
- Event title changed1INCHtoken is released and DAO launchToken Release and DAO Launch
- 1INCH token released
The 1inch Network has launched the 1INCH token for governance across its protocols. It introduces "instant governance", allowing swift community voting under a DAO model. The token also influences settings in the Aggregation Protocol and parameters in the 1inch Liquidity Protocol version 2.
1INCH token is released
blog.1inch.io - Event created