1inch Foundation launched the 1inch Resolver Incentive Program
With the release of Fusion Mode, which allows users to trade without paying network fees, the 1inch Gas Refund program is no longer relevant in its current form. So we’ve launched the 1inch Resolver Incentive Program!
The 1inch Resolver Incentive Program kicked off on December 24, 2022, to compensate resolvers for gas they paid filling users’ Fusion orders. Under this program, the 1inch Foundation will distribute 10 mln 1INCH tokens as gas refund.
Resolvers are now allowed to receive gas refunds for filling Fusion orders, as well as for using the 1inch Aggregation Protocol. The monthly compensation limit is 1 mln 1INCH tokens per resolver.
Since resolvers fill orders without trying to minimize their gas costs, they can offer users better swap rates. As a result, regular users will make yet more profitable swaps!
Resolvers will collect their gas refunds for the final week of December 2022 and for January 2023 in early February 2023. The program will run until the entire 10 mln 1INCH fund is distributed.
The existing Gas Refund Program will run through December 31, 2022.
Share the article
Copy done!
Recent Posts
1inch heads to ETHDenver
Next week, the ETH community converges on Denver - and 1inch will be there, showcasing its latest tech and pushing DeFi forward.
Alvara’s Basket Lab integrated 1inch’s Swap API to expand token liquidity options
The partnership leverages Alvara’s ERC-7621 standard to facilitate token diversity in on-chain portfolio management.
1inch co-sponsors Web3 Circle Hong Kong
On February 9, 1inch will join P2P.org, BitGo, Canton, EDX and dtcpay to sponsor Web3 Circle Hong Kong, an exclusive industry gathering.
