The 1inch liquidity aggregator from decentralized exchanges has distributed additional governance tokens 1INCH to users, ForkLog reported.
The 1inch team timed the new airdrop to the Lunar New Year.
The 1inch Foundation distributed the following tokens as part of the allocation:
- 3.57 million 1INCH — to 1,308 participants of the second liquidity mining program;
- 4.8 million tokens — to 9,094 users Mooniswap;
- 375,000 tokens to Argent, Authereum, Gnosis and Polp wallets that support transaction relays;
- 310,000 1INCH — to users with limit orders.
The conditions for obtaining the coins were the same as during the distribution in December 2020.
Eligible participants were all users who interacted with the protocol before 00:00 UTC on December 24, 2020 and met one of the following conditions:
- made at least one trade by September 15;
- made trades totaling at least $20;
- the number of trades was at least four.
The 1inch Foundation also distributed 6 million 1INCH among Uniswap traders who had never swapped tokens on the 1inch and Mooniswap platforms. The distribution was based on a list of Uniswap addresses from which trading bots were excluded.
Another condition was at least 20 days of trading and at least three trades executed in 2021.
In early January, 1inch updated the protocol Liquidity Protocol to improve governance procedures.
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