1inch is a decentralized exchange (DEX) aggregator to help users discover the best trade prices for tokens. The market cap is $389,171,264 and the 24h volume is $292,591,863.
1inch blockchain consensus is achieved via the Ethereum Blockchain. Investors can leverage their crypto via smart contract staking. Currently there is 1 option to earn passive income and staking rewards with your 1inch investment as outlined below.
- How to stake 1INCH?
To stake 1INCH is relatively easy and can be done directly on the 1inch.exchange platform with a web wallet like Metamask or ledger.
For more information on how to stake 1INCH please view our tutorial guide: How to Stake 1INCH and Provide Liquidity on 1inch.exchange
Once you stake 1INCH you unlock governance features on the website and can vote based on your weight of total staked 1INCH.
- How much can I earn staking 1INCH?
Staking 1INCH is considered easy and currently the Staking APY for 1INCH is around 21.71%.
Stakers earn 38% of all fees being generated within the protocol, which are being derived from ecosystem partnerships and positive slippage.
For more details on the staking rewards for 1INCH and to estimate what your rewards will be please visit the 1INCH Staking Rewards Calculator.
- Is there any risk to staking 1INCH?
The staking contract for 1INCH has been audited by handful of well respected auditing firms and is considered to be safe.
There is no lockup times required when staking 1INCH.
We do not consider there to be any risk for staking 1INCH at this time.
Please be aware of high gas fees when transacting on the Ethereum network as it currently stands.