Tutorial of claiming governance token of 1inch — 1INCH
1inch.exchange is a DEX aggregator (decentralized aggregation exchange) of the Ethereum network, which can help almost all DeFi transactions by integrating a large number of decentralized exchanges (DEX) and tokens,users can exchange almost all types of ERC-20 tokens, and 1inch users can get the best price, the lowest transaction delay and the lowest cost.
Tutorial of how to use 1inch platform: https://www.yuque.com/tokenpocket/guzgqx/kqfr2q
About 1INCH token：
1INCH tokens is the governance token. Users could vote to set 1inch spread surplus by staking 1INCH tokens in the aggregate governance module. There are two types of governance: Pool governance and Factory governance.
Pool governance will include the configuration of parameters specific to each pool, such as transaction fees, price impact fees, and decay periods.
Factory governance is for the parameters shared by all pools, such as default swap fees, default price impact fees, default decay period, referral rewards and governance rewards.
All wallets that have interacted with 1inch before December 24th, 00:00 UTC will receive 1INCH tokens as long as one of the following conditions is met: there has been at least one transaction before September 15th , or at least 4 transactions in total, or a total transaction amount of at least $20.
How to claim:
Step 1: Log in to the TokenPocket wallet, find [1inch] in the New Dapp area at the bottom of the [Discover] page, or search for 1inch directly.
Step 2: After logged into the wallet, click on the 1inch Logo and the application page will pop up. Click “Check” below to check whether you have 1INCH tokens to receive. The official price of 1INCH is $1.96.
Step 3: Click “Claim” in the lower right corner to apply for collection. At present, OKEx and Huobi have listed 1INCH token. After collecting them, you can trade them on various exchanges that support trading.
This tutorial is only a guide to the DApp in the wallet and does not represent investment advice from TokenPocket. Investment involves risks. You must fully understand the risks and make investment decisions on your own.