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

I’ve asked Byers to clarify, but as I read this tweet, it seems that Bret Stephens included an unredacted use of the n-word in his column this week to make a point, and the column got spiked—maybe as a result?


Four times. The column used the n-word (in the context of a quote) four times. https://t.co/14vPhQZktB


For context: In 2019, a Times reporter was reprimanded for several incidents of racial insensitivity on a trip with high school students, including one in which he used the n-word in a discussion of racial slurs.

That incident became public late last month, and late last week, after 150 Times employees complained about how it had been handled, the reporter in question resigned.

In the course of all that, the Times' executive editor said that the paper does not "tolerate racist language regardless of intent.” This was the quote that Bret Stephens was pushing back against in his column. (Which, again, was deep-sixed by the paper.)

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This is a pretty valiant attempt to defend the "Feminist Glaciology" article, which says conventional wisdom is wrong, and this is a solid piece of scholarship. I'll beg to differ, because I think Jeffery, here, is confusing scholarship with "saying things that seem right".


The article is, at heart, deeply weird, even essentialist. Here, for example, is the claim that proposing climate engineering is a "man" thing. Also a "man" thing: attempting to get distance from a topic, approaching it in a disinterested fashion.


Also a "man" thing—physical courage. (I guess, not quite: physical courage "co-constitutes" masculinist glaciology along with nationalism and colonialism.)


There's criticism of a New York Times article that talks about glaciology adventures, which makes a similar point.


At the heart of this chunk is the claim that glaciology excludes women because of a narrative of scientific objectivity and physical adventure. This is a strong claim! It's not enough to say, hey, sure, sounds good. Is it true?
Moderna CEO Stephane Bancel was previously CEO of bioMerieux in France from 07-10.

Alain Merieux, who owns bioMerieux, was instrumental in the creation of the Wuhan Institute of Virology P4 Lab.

The same people who helped create the virus, also helped to create the vaccines...


Moderna partnered with French Pasteur Institute in 2015 to develop mRNA vaccine technology.

Pasteur Institute partnered with the Wuhan P4 Laboratory in 2017 along with the Merieux Foundation to study emerging viruses...
https://t.co/yFsHwrNYaK
https://t.co/9M5lydBKhM


Nobel prize winning scientist Luc Montagnier asserts that Sars-Cov-2 is man-made and originated from the Wuhan Institute of Virology.

Montagnier did extensive work with the Pasteur Institute in France which was partnered with the Wuhan P4.

Merieux Foundation & the Chinese government have worked together since 1965, and partnered to study emerging pathogens in Africa in 2015.

Their research included "PATHOGENS CARRIED BY BATS" that provoke respiratory diseases.

🚨🚨🚨
https://t.co/gVwpT0ssqI