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Crypto Exchange 1inch Airdropping $84,000,000 to Its Users

Sara Zhang

Summary: Decentralized exchange aggregator 1inch is airdropping $84 million worth of 1INCH tokens to its own users and those who use competing exchange Uniswap. Users who interacted with the 1inch DEX, formerly known as Mooniswap, before December 24th, 2020 are eligible for the distribution as long as they had one trade before September 15th, 2020, had ...

Decentralized exchange aggregator 1inch is airdropping $84 million worth of 1INCH tokens to its own users and those who use competing exchange Uniswap. Users who interacted with the 1inch DEX, formerly known as Mooniswap, before December 24th, 2020 are eligible for the distribution as long as they had one trade before September 15th, 2020, had four total trades or had trades that amount to $20.

In what appears to be an effort to attract crypto users who primarily use Uniswap, the 1inch Foundation is also distributing 1INCH tokens to those who used Uniswap under certain conditions.

1inch CEO Sergej Kunz says the team hopes that the airdrop can showcase the DEX’s advantages over competing exchanges.

by Sara Zhang

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