their new liquidity mining program launched yesterday with up to 900% APY. Some say this second program has less incentive for holding and will cause a lot of pressure on the 1inch price once the liquidity mining program is over (1inch-exchange.medium.com/). But it is hard to estimate what impact it will have, their DAO is starting to get in shape and there might be more demand for governance than there is supply dumped by flippers. With both its all time high and all time low during the past two weeks, but also with a fully dilluted marketcap 10 times as high as the regular marketcap right now, this might end up in a bullish market because of its hype rather than its fundamentals.
1INCH caught my attention just now because its TVL (total value locked) increased with 300% over night (debank.com/projects/1inch2?select=Total Value Locked). As this is quite a new way of investing for me I've been discovering new metrics. However which metrics are significant and which aren't I still don't know yet.
1INCH caught my attention just now because its TVL (total value locked) increased with 300% over night (debank.com/projects/1inch2?select=Total Value Locked). As this is quite a new way of investing for me I've been discovering new metrics. However which metrics are significant and which aren't I still don't know yet.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.