1inch announces rebrand to ‘1inch Network,’ laying groundwork for expansion

1inch announces rebrand to ‘1inch Network,’ laying groundwork for expansion


Decentralized finance platform 1inch announced on Thursday a rebrand to “1inch Network” — a facelift designed to better reflect the current and future state of the multichain, multiprotocol platform as it continues to grow, according to 1inch co-founder Sergej Kunz.

“For us it is a logical move. Me and Anton started with just an aggregation protocol at the ETHNew York hackathon in 2019 and now we have the whole ecosystem of protocols, such as: 1inch Liquidity Protocol (prev. Mooniswap), 1inch Aggregation Protocol, instant governance and the 1INCH governance/utility token,” he said.

Implementations of the various protocols have also expanded beyond Ethereum, as the team announced a deployment on Binance Smart Chain last month. As such, the natural next step for the project — now the “network” — is more teams, more protocols and more chains. Kunz said:

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“This month we plan to rollout a new protocol and another new product on top of the 1inch Network. Two other teams are right

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