It appears that 1inch's governance token is right on the horizon.

1inch is the leading Ethereum-based decentralized exchange aggregator. Since its launch, it has done $7.6 billion in volume.

Here's a thread on what we know so far. 👇

First off, some context:

1inch is a decentralized exchange aggregator that routes liquidity through a number of exchanges to find the optimal prices.

This is often useful for larger traders, who may need to spread their buys or sells across exchanges to minimize slippage.
e.g. Here is Three Arrows swapping 4,000,000 USDT for 4,001,307 TUSD via 1inch v2 around four weeks ago.
1inch does have quite a bit of traction, even though you may not hear about it sometimes.

Stats:

- $7.6b in total volume
- $272m in seven-day volume
- $36.5m in seven-day volume

h/t @DuneAnalytics for the stats
Yesterday, some sleuths spotted a contract on Ethereum pertaining to a "1inch" token.

The contract address: 0x111111111117dc0aa78b770fa6a738034120c302

Contained in the contract is this bit of ASCII art.
Today, we are seeing reports of users getting notifications to claim 1INCH.

Degenomics here got this notification, though got an error on MetaMask when he attempted to claim it.

So that appears to be the official it's just that claims are not live yet.

https://t.co/ED1LoqRyoO
The timing makes sense:

At the start of December, 1inch announced it had closed a $12m round that involved ParaFi, Pantera, and other top funds in the space.

Uniswap closed its Series A six weeks before it launched its token.
Now, token economics.

Degenomics (tweet above) claims to *not have LPed* on Mooniswap, 1inch's CFMM AMM.

That suggests that all historical users may be getting a pro-rata retroactive distribution, maybe based on volume.

Check this update on the token from 1inch:
@FrankResearcher just found that it appears that Mooniswap liquidity providers will be earning 1INCH with a new liquidity mining program.

Early LPs should also earn 1INCH, based on the image in the tweet before this.

https://t.co/HRKJpCAJXj
Found this a bit funny.

The address that deployed the 1INCH token contract got one ETH from Tornado 30 hours ago.
Ownership of the Mooniswap farming contracts seems to have been passed to this address:

0x5E89f8d81C74E311458277EA1Be3d3247c7cd7D1

Address holds 1,500,000 1INCH and 707 DAI that someone sent there accidentally (RIP).
I'm trying to think about how to play this.

Long $CHI?
Some big brains found this link:

https://t.co/3gqpyabcm5 *input ETH address here*

If you're included in the airdrop distro, the link should give you a merkle proof.
First merkle claim.

31,010 1INCH to 0x68a17B587CAF4f9329f0e372e3A78D23A46De6b5

https://t.co/R9l1vLuTYk
The user sent 1,000 1INCH and 1,000 USDC to the 1INCH-USDC pool.

https://t.co/QVUjXAuPau
Official ann:

"All wallets ... will receive 1INCH as long as they meet one of the following conditions: at least one trade before September, 15, OR at least 4 trades in total OR trades for a total of at least $20."

Yield programs for 1INCH-DAI, -ETH, -WBTC, -USDC, -USDT, -YFI
early LPs are making bank.

There's basically no liquidity at all on Mooniswap or Uniswap.
Uniswap 1INCH-DAI LPs making 200% per day rn in trading fees alone (extrapolating current data)
PSA: if you want to buy 1INCH, make sure you're buying the right token:

0x111111111117dc0aa78b770fa6a738034120c302

Fake Uniswap market seen below.

More from For later read

Nice to discover Judea Pearl ask a fundamental question. What's an 'inductive bias'?


I crucial step on the road towards AGI is a richer vocabulary for reasoning about inductive biases.

explores the apparent impedance mismatch between inductive biases and causal reasoning. But isn't the logical thinking required for good causal reasoning also not an inductive bias?

An inductive bias is what C.S. Peirce would call a habit. It is a habit of reasoning. Logical thinking is like a Platonic solid of the many kinds of heuristics that are discovered.

The kind of black and white logic that is found in digital computers is critical to the emergence of today's information economy. This of course is not the same logic that drives the general intelligence that lives in the same economy.

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Fake chats claiming to be from the Irish African community are being disseminated by the far right in order to suggest that violence is imminent from #BLM supporters. This is straight out of the QAnon and Proud Boys playbook. Spread the word. Protest safely. #georgenkencho


There is co-ordination across the far right in Ireland now to stir both left and right in the hopes of creating a race war. Think critically! Fascists see the tragic killing of #georgenkencho, the grief of his community and pending investigation as a flashpoint for action.


Across Telegram, Twitter and Facebook disinformation is being peddled on the back of these tragic events. From false photographs to the tactics ofwhite supremacy, the far right is clumsily trying to drive hate against minority groups and figureheads.


Declan Ganley’s Burkean group and the incel wing of National Party (Gearóid Murphy, Mick O’Keeffe & Co.) as well as all the usuals are concerted in their efforts to demonstrate their white supremacist cred. The quiet parts are today being said out loud.


The best thing you can do is challenge disinformation and report posts where engagement isn’t appropriate. Many of these are blatantly racist posts designed to drive recruitment to NP and other Nationalist groups. By all means protest but stay safe.
Ivor Cummins has been wrong (or lying) almost entirely throughout this pandemic and got paid handsomly for it.

He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...


... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:


Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.

Tweet: https://t.co/36FnYnsRT9


Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."

I wonder why...

Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x


Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.

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The chorus of this song uses the shlokas taken from Sundarkand of Ramayana.

It is a series of Sanskrit shlokas recited by Jambavant to Hanuman to remind Him of his true potential.

1. धीवर प्रसार शौर्य भरा: The brave persevering one, your bravery is taking you forward.


2. उतसारा स्थिरा घम्भीरा: The one who is leaping higher and higher, who is firm and stable and seriously determined.

3. ुग्रामा असामा शौर्या भावा: He is strong, and without an equal in the ability/mentality to fight

4. रौद्रमा नवा भीतिर्मा: His anger will cause new fears in his foes.

5.विजिटरीपुरु धीरधारा, कलोथरा शिखरा कठोरा: This is a complex expression seen only in Indic language poetry. The poet is stating that Shivudu is experiencing the intensity of climbing a tough peak, and likening

it to the feeling in a hard battle, when you see your enemy defeated, and blood flowing like a rivulet. This is classical Veera rasa.

6.कुलकु थारथिलीथा गम्भीरा, जाया विराट वीरा: His rough body itself is like a sharp weapon (because he is determined to win). Hail this complete

hero of the world.

7.विलयगागनथाला भिकारा, गरज्जद्धरा गारा: The hero is destructive in the air/sky as well (because he can leap at an enemy from a great height). He can defeat the enemy (simply) with his fearsome roar of war.