📟 1inch Weekly Recap #129 (August 17-25)

Dear community, we invite you to read a brief overview of the 1inch news from the past week.

Updates and Integrations:

🔸 1inch submitted an application for BNBChainCatalystAwards in the "DeFi Excellence" category

📱 Unique features of the 1inch Wallet

✈️ Nicegram Wallet integrated the 1inch Swap API for the best swap rates

Media:

🔀 Why is cross-chain important?

☕️ Purchasing coffee with crypto

🔗 1inch’s internal blockchain security team

💼 A detailed overview of the 1inch Portfolio

Events:

↗️ X Spaces “The next generation of DeFi” by TrustedVolumes featuring daosasha, partnerships lead at 1inch, and industry leaders

🤵 X Spaces “Primary Markets Endgame” by Cointelegraph with daosasha from 1inch and Web3 pros

🤟 1inch | X | Discord | YouTube | Blog

Download the 1inch Wallet:
🛒 iOS | 🛒 Android

📣 New 1inch DAO Proposal Voting Alert: [1IP-59] 1inch DAO Guidelines

🗳️ Vote & join the discussion: https://snapshot.org/#/1inch.eth/proposal/0x59129a1ead50915b2f264c9410205ab802e84d69d8c1c6d9e37b918ecfa7dcff

💡[1IP-59] TL;DR:
- Ratifies guidelines to ensure transparency, accountability, and efficiency
- Clarifies responsibilities of 1inch Foundation, DAO, and Community
- Outlines DAO's purpose, values, and governance process
- Emphasizes decentralization, inclusivity, and security

🤟 1inch | X | Discord | YouTube | Blog

Download the 1inch Wallet:
🛒 iOS | 🛒 Android

☄️ Join the Ultimate Challenge: Nicegram & 1inch Are Giving Away Huge Rewards!

We’re thrilled to announce a collaboration between Nicegram and 1inch that’s packed with excitement and prizes! This is your moment to shine — swap, engage, and win incredible rewards 🤑

How to Join:
🟠Download Nicegram: Get the app and dive into the action.
🟠Create Your Account: Use the NICEGRAMX1INCH promo code for a free month of Nicegram Premium.
🟠Swap to Win: Over the next month, swap as much volume as you can to climb the leaderboard:

💎 Top 100 swappers will score a lifetime Nicegram Premium subscription.
💸 Top 20 swappers will share a 1,000 USDC prize pool

🟠Follow 1inch on X and repost the campaign announcement.
🟠Follow nicegramapp on X and repost the campaign announcement.
🟠 Join @OneInchNetworkNews and @nicegramapp channels on Telegram. React and comment on the announcement posts.

🟠 Referral Bonus: Invite your friends and win!

🏆 The top 5 referrers who bring the most friends will snag a 3-month Telegram Premium subscription.

Start Date: 28 August
End Date: 27 September

Don’t miss out — create Nicegram Wallet now, swap big, and score some incredible rewards! 🔥

Competitors crushed 👊

Look what we found out: 1inch uses up to 16% less gas than other DEX aggregators, saving you more on every swap.

No need to trust—verify it yourself 👉 https://blog.1inch.io/1inch-gas-costs-up-to-16-lower-than-competitors/

Put your thinking cap on 🧠 and solve this memecoin quiz!

Can you get the right answer? 🤔

Scaling up with the 1inch Portfolio 📈

Over 410,000 unique wallets, 200,000 unique users and 11,000+ active users each month—every user is part of something bigger.

Be part of the growth ➡️ portfolio.1inch.io

We’re continuing our deep dive into cross-chain tech, staying at the cutting edge of Web3 🌐

Today, discover how the fusion of cross-chain and intent tech makes swaps easier, cheaper, and faster.

📖 Ready to explore? https://blog.1inch.io/cross-chain-interoperability-an-intent-based-approach/

🤟 1inch | X | Discord | YouTube | Blog

Download the 1inch Wallet:
🛒 iOS | 🛒 Android

We built the 1inch Wallet with you in mind 🫶 combining self-custody with 5️⃣ layers of protection.

This ensures your assets are secure and fully under your control.

Curious to know how? A quick read and you’ll get the full picture 👇
https://blog.1inch.io/the-1inch-wallet-five-layers-of-security/

🤟 1inch | X | Discord | YouTube | Blog

Download the 1inch Wallet:
🛒 iOS | 🛒 Android

🤜 💥 1inch Kicking Ass Fridays (Q2'24 Highlights)

👊 273% more Ethereum volume than our closest competitor
👊 Daily volume up +12%
👊 Transactions jumped +59%
👊 Base activity exploded by +280%

Wanna know how we maintain our leading market share? ✊ https://messari.io/report/state-of-1inch-q2-2024

Up for a challenge? 🤔

Let’s see if you can name the crypto these emojis describe 🔝

📟 1inch Weekly Recap #130 (Aug 26 - Sep 2)

Updates & Integrations:

📊 Q2'24 highlights from the Messari report: 273% more Ethereum volume, daily volume up 12%, transactions jumped 59%, Base activity surged 280%

👊 1inch crushed the competition by 16%

💼 1inch Portfolio: 410,000+ unique wallets, 200,000+ users, 11,000+ active monthly users

Quests:

🎁 1inch x Nicegram contest with $1,000 in prizes

Media:

🔀 Cross-chain interoperability: An intent-based approach

📱 The 1inch Wallet: Five layers of security

🆚 Custodial vs. self-custodial wallets

Events:

🇸🇬 Sep 19: Crypto Carnival at TOKEN2049 in Singapore with 1inch, Trust Wallet & CoinMarketCap

🇹🇭 Nov 11: 1inch at DeFi World 2024 in Bangkok, featuring co-founder Anton Bukov

🤟 1inch | X | Discord | YouTube | Blog

Download the 1inch Wallet:
🛒 iOS | 🛒 Android

📣 New 1inch DAO Proposal: [1IP-60] Removal of PriorityFee Cap in Fusion Mode Smart Contract

This aims to remove the priorityFee cap in 1inch Fusion mode, as the Exclusive API will prevent resolver gas wars.

🗳️ Vote & join the discussion: https://snapshot.org/#/1inch.eth/proposal/0x16de4fba8ea4839bd41e4f6917bd09b07283b1428398339983f8768ea6e4e5d0

💡[1IP-60] TL;DR:
- Remove priorityFee cap in 1inch Fusion mode
- Exclusive API prevents gas wars, making cap obsolete
- Levels playing field for gas-optimized Resolvers
- Enhances overall efficiency of Fusion mode
- Requires smart contract update & redeployment

🤟 1inch | X | Discord | YouTube | Blog

Download the 1inch Wallet:
🛒 iOS | 🛒 Android

🎊 Join the celebration for TaskOn 2nd anniversary with 1inch 🎊

Visit our verified community profile on TaskOn and join the fun 😜

💜+🔄+💬 this post
📋 Complete tasks
💸 Share in the $20,000+ prize pool
📅 Sep 2-15

Start the quest ➡️ https://taskon.xyz/cmuser/1inch/sprint/930943294

🤟 1inch | X | Discord | YouTube | Blog

Download the 1inch Wallet:
🛒 iOS | 🛒 Android

Sharpen your eyes! 🦄👀 How many differences can you find between these two images?

The only wallet you need 👉 1inch Wallet 📱

Get it now 📲 https://1inch.io/wallet/

How did you spend your last summer month? We hope it was amazing! ☀️ As for us, we cut gas fees, launched new integrations and contests, shared insights on cross-chain swaps, and more 💪

For details, read our blog article https://blog.1inch.io/1inch-monthly-digest-august-2024/ or dive into this post ⬇️

As for our main updates for August:
The Messari report shows 1inch is saving up to 50% on gas for limit orders ✈️ Next, Nicegram integrated our Swap API and we launched a $1,000 USDC contest 📄 Lastly, we kicked off a series of cross-chain articles on our blog.

Regarding events, Sergej Kunz's Infra Day talk on scalability with restaking is now on YouTube 📺 https://www.youtube.com/watch?v=Im9J_I6Ro1g
We also joined two key X Spaces 🎙️ TrustedVolumes discussed the next gen of DeFi, and Cointelegraph focused on primary markets, with insights from 1inch experts.

⛓️ And what about our blockchain stats for August?
With a total of $524.2B in volume across 107.1M swaps and 17.4M wallets, the highlights include $400B volume on Ethereum and 30.3M swaps on BNB Chain. Detailed monthly chain stats are coming this week ⌛️ Stay tuned!

That’s all for today! 🫡
You can check out the full August digest, along with past issues, on our blog: https://blog.1inch.io/
And don’t forget to sign up for our mailing list to get easy updates straight to your inbox: https://newsletter.1inch.io/subscribe

Until next time! 👋

🤟 1inch | X | Discord | YouTube | Blog

Download the 1inch Wallet:
🛒 iOS | 🛒 Android

🇸🇬 TOKEN2049 in Singapore is calling - this is the afterparty to be at! 🤩

🥳 Celebrate 5 years of 1inch at Crypto Carnival featuring Trust Wallet and CoinMarketCap with festival vibe, chill and new connections!

📅 Sept, 19
📍 Monti, 1-Pavilion
🔗 https://lu.ma/cryptocarnival

➕ With support from Baanx, MoonPay, and Etherlink