• 1inch Network has allocated 10 million INCH tokens to its Delegation Incentive Program to incentivize more 1INCH stakers to delegate their Unicorn Power to resolvers.
• The 1inch Resolver Incentive Program rewards resolvers for the cost of gas they pay when they fill in user orders.
• 250,000 1INCH will be distributed to resolvers weekly until all 10 million tokens are allocated.
The 1inch Network recently announced the launch of its Delegation Incentive Program, a groundbreaking initiative that seeks to incentivize more 1INCH stakers to delegate their Unicorn Power to resolvers. This comes ahead of the launch of Fusion, another groundbreaking product that seeks to provide users with the best prices for their orders.
The 1inch Resolver Incentive Program rewards resolvers for the cost of gas they pay when they fill in user orders. This program encourages 1INCH stakers to delegate their Unicorn Power to resolvers, and in return, they receive Unicorn Power in place of delegation rewards. The amount of Unicorn Power received is directly dependent on the lockup period of the staker. Those who lock their assets for longer will receive more Unicorn Power.
As part of this program, the 1inch Network will be distributing 250,000 1INCH to resolvers on a weekly basis until all 10 million tokens are allocated. These funds will, in turn, be used to reward 1INCH stakers who choose to delegate their Unicorn Power. The number of 1INCH received will vary between resolvers depending on their network share.
The launch of the Delegation Incentive Program is yet another example of 1inch Network’s commitment to innovation and providing users with the best solutions for their crypto needs. By incentivizing 1INCH stakers to delegate their Unicorn Power to resolvers, the network is able to ensure that the best prices are available for users. This, in turn, leads to greater user satisfaction and a more secure and reliable network.
Overall, the launch of the 1inch Resolver Incentive Program is an exciting development for the network and its users. With the right incentives in place, 1inch Network is able to ensure that users are able to access the best prices for their orders, while at the same time rewarding those who choose to delegate their Unicorn Power to resolvers. This is just one of the many steps that the network is taking to ensure that users have the best possible experience.