1INCH is a functional token issued by the 1inch exchange. The purpose of issuing 1INCH on the platform is to ensure that the agreement integration on the aggregator maintains a permissionless state, protects the development ecosystem, and rewards funds for governance. It will also be used staking for network security. 1inch emphasized that 1INCH is not an investment, but a tool that can help the platform build a decentralized, permissionless network.
1inch emphasized that 1INCH will not be sold to users, but as a reward for using 1inch, and stated that the token system will be a virtuous circle which users can benefit from it.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high-quality coins, but will not be responsible for your investment losses.