Statement
With respect to yesterday’s activity, no 1INCH was sold from wallets controlled by 1inch entities or our team, or our treasury multisigs. We do not control third-party holdings or their trading decisions.
Our mission and vision remain unchanged. It is that focus which has pushed our total swap volume to almost $800B since 2019 and allows us to sustain hundreds of millions in daily volume even during bear markets. 1inch is as strong today as ever.
We also wanted to let the community know, 1inch Network this year plans to review aspects of its tokenomics to further strengthen resilience during market downturns and times of low liquidity.
Today, 1inch is a core part of the DeFi ecosystem. Our global team of 170 powers swap infrastructure across many of the leading wallets and apps. To reiterate, our roadmap is clear, our team is focused, and our mission remains unchanged.
This note is for transparency only and is not financial advice.