## 1inch Network (1INCH): Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **1inch Network:** A decentralized exchange (DEX) aggregator that finds the best rates across multiple DEXs. * **Launched:** December 2018. * **Market Cap:** ~$473 million (as of Feb 23, 2024). * **Rank:** #142 on CoinGecko. * **Unique Features:** * **Pathfinder algorithm:** Aggregates liquidity from various DEXs to find the most efficient swap routes. * **DAO governance:** 1INCH token holders vote on protocol updates and fees. * **Multiple integrations:** Works with various wallets and DeFi platforms.
**Recent News:**
* **Feb 22, 2024:** 1inch launches a governance proposal to migrate the protocol to Optimism, a Layer 2 scaling solution. * **Feb 16, 2024:** 1inch integrates with Web3 infrastructure provider Ankr. * **Feb 14, 2024:** 1inch announces a partnership with Moonbeam, a parachain on the Polkadot network. * **Feb 9, 2024:** 1inch unveils its roadmap for 2024, focusing on scaling and user experience improvements.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice. * Cryptocurrency investments are highly volatile and carry significant risks. * Do your own research before making any investment decisions.
**Additional Notes:**
* 1INCH price has been volatile recently, reflecting broader market trends. * The recent news items highlight 1inch's focus on innovation and expansion. * It's important to be aware of the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
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