1inch Releases $585,000 to Grantees

Published on: 12.11.2021
1inch Releases $585,000 to Grantees

The 1inch Foundation announced a group of grant recipients, which will collect an equivalent of $585,000 in 1INCH.

From this post, you’ll learn who the grantees are and what products and solutions they are working on.

E-Virtual is a multi-function platform that includes a crypto exchange, a stablecoin pegged to EUR and a legacy payment system.

Moret is an automatic market maker protocol for crypto option trading on the Polygon chain. This AMM offers a range of innovations, including an on-chain volatility oracle, a new constant product market maker for options, the ability to buy and sell options, a hedging mechanism for the liquidity pool to neutralize market risks and reduce impermanent loss and the integration with 1inch and Aave, as well as pseudo stablecoins supported by option trading.

3Line is a service that helps users to pay crypto taxes in various jurisdictions. The 3Line platform calculates crypto taxes, creates tax reports and fills out submission forms for tax authorities.

Atlantis World is a Web3 social metaverse; connecting Web3 apps with social, gaming and education in one lightweight virtual world that’s accessible to everybody and community owned.

Tokenflow is a tool that facilitates visualizing the flow of tokens in Ethereum mainnet transactions. This makes it easier for users to understand what happens in a transaction.

Crypto Marketing is a creative agency specializing in growth marketing for the crypto industry. The agency has previously led campaigns for the biggest brands and personalities in the space.

The developer duo of Alan Nabiev and Sarmat Khachirov from CryptoGboors team has substantial experience in software development, including complex dApps and integration of smart contracts with dApps.

About 1inch

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space.

📰 INFO

https://blog.1inch.io/the-1inch-foundation-releases-585-000-to-grantees-7075fce45bf7

Market Stats:
BTC Dominance: 56.85%(+0.06%/24h)
ETH Dominance: 11.9%(-0.10%/24h)
Defi Market Cap: $108.76B(-9.38%/24h)
Total Market Cap: $3286.49B(+0.22%/24h)
Total Trading Volume 24h: $136.64B(-10.52%/24h)
ETH Market Cap: $390.83B
Defi to ETH Ratio: 27.83%
Defi Dominance: 3.17%
Altcoin Market Cap: $1418.2B
Altcoin Volume 24h: $79.74B
Total Cryptocurrencies: 33284
Active Cryptocurrencies: 10606
Active Market Pairs: 96977
Active Exchanges: 779
Total Exchanges: 9871
BTC: 94306.42$(0.22%/1H)
ETH: 3244.88$(0.32%/1H)
AVAX: 36.55$(0.84%/1H)
BNB: 693.85$(0.17%/1H)
MATIC: 0.46$(0.31%/1H)
FTM: 0.7$(0.07%/1H)
ADA: 0.93$(0.51%/1H)
DOT: 6.68$(0.49%/1H)
UNI: 13.68$(0.24%/1H)
CAKE: 2.33$(0.32%/1H)
SUSHI: 1.46$(0.44%/1H)
ONE: 0.02$(1.27%/1H)