1inch Network — Page 8

A collection of 247 posts

P2P Trading
DeFi1inch NetworkAll you need to know

P2P trading - what is it

In P2P trading, you find a counterparty for a crypto swap by yourself. Understanding the specifics of this type of trading will help you to use it profitably. Key takeaways: — Peer-to-peer trading, or P2P, is direct trading of cryptocurrencies without intermediaries, ensuring interactions between buyers and sellers. — The process involves a user proposing a trade rate for specific coins and waiting for a counterparty to confirm the trade. — Benefits of P2P trading include flexible r

4 min read
Staying safe from DeFi hacks
DeFi1inch NetworkAll you need to know

Staying safe from DeFi hacks

The more a user knows about possible vulnerabilities or scam attacks, the safer their assets are. While DeFi is constantly evolving and blockchain technology is becoming more secure, hackers still succeed in running fraudulent schemes and taking advantage of security vulnerabilities. However, not every news report about another project suffering from a hacker attack should necessarily be frightening. In many cases, user funds remain safe or possible losses are offset by coverage, while on many

4 min read
DeFi Visions: Ruslan Serebriakov
1inch NetworkDeFiAll you need to know

DeFi Visions: Ruslan Serebriakov

In DeFi Visions, a series of video interviews, the 1inch Network talks to the most prominent people in the DeFi space. In this post, you’ll find the main takeaways from a recent interview with Ruslan Serebriakov, senior smart contract engineer at Trust Wallet. Ruslan’s process of entering the crypto space consisted of three stages, he recalls. He first heard about crypto back at university in Ukraine around 2014 or 2015 when he had a class on bitcoin and mining. “I was curious but I never real

2 min read
Crypto airdrops: risks and opportunities
1inch NetworkDeFiAll you need to know

Crypto airdrops: risks and opportunities

Airdrops is a way of receiving tokens without any effort or investment. Still, knowing the risks related to airdrops will help you to avoid security threats. Airdrop tokens are assets sent to wallet addresses as part of crypto projects’ promo campaigns. Coins are distributed for free or in return for some activity that doesn’t normally require much from users. As airdropped tokens are, to some extent, similar to manna from heaven, the name for this form of marketing activity was taken from that

2 min read
DeFi Visions: Kirill Arutyunov
1inch NetworkDeFi

DeFi Visions: Kirill Arutyunov

In DeFi Visions, a series of video interviews, the 1inch Network talks to the most prominent people in the DeFi space. In this post, you’ll find the main takeaways from a recent interview with Kirill Arutyunov, CTO at NearPay. Kirill’s crypto journey started at a hackathon back in 2017 when he met a few people interested in blockchain and joined a relevant track. “We spent two days trying to install Hyperledger Fabric on a MacBook,” he recalls. “Basically, we didn’t build anything, we just spe

2 min read
How market makers work: AMM and PMM
1inch NetworkDeFiAll you need to know

How market makers work: AMM and PMM

The understanding of how market makers work and how liquidity is generated helps users to make more profitable swaps and discover new opportunities in DeFi. Key takeaways: — AMMs automate crypto trading on decentralized exchanges (DEXes), removing the need for traditional buy-sell based trading. — Central to AMMs, liquidity pools are collections of funds locked in a smart contract, facilitating efficient token swaps and price determination. — In AMMs, users trade with a smart contra

5 min read
1inch Monthly Digest: November 2022
Monthly digests1inch NetworkDeFi

1inch Monthly Digest: November 2022

The 1inch Network is happy to present you the November digest of major news and updates. Updates, news and integrations One of the recent months’ most important releases was the 1inch RabbitHole, an innovative feature that protects MetaMask users swapping on 1inch from sandwich attacks — the most common type of front-running. With this feature, transactions are sent directly to validators, rather than to the mempool where they could be attacked by sandwich bots. In a move to further improve

2 min read
DeFi Visions: Lukas Schor
1inch NetworkDeFi

DeFi Visions: Lukas Schor

In DeFi Visions, a series of video interviews, the 1inch Network talks to the most prominent people in the DeFi space. This post contains the main takeaways from a recent interview with Lukas Schor, co-founder of Safe (formerly Gnosis Safe). Lukas was first exposed to crypto in 2016 when watching Vitalik Buterin’s video about Ethereum. Then, after “meeting different people connected with crypto and observing a lot of money flowing into the market,” he decided to get involved himself. Lukas bel

2 min read
Tokenomics: studying token economics
1inch NetworkDeFiAll you need to know

Tokenomics: studying token economics

The knowledge of tokenomics is essential for navigating cryptocurrencies, making smart investments and engaging with platforms. Key Takeaways: — Tokenomics covers the design and characteristics of cryptocurrencies, including issuance, supply, distribution, incentive mechanisms, inflation control and utility. — Supply metrics include circulating supply,total supply and max supply. — Inflation control relies on burning mechanisms that reduce total token supply. — Market capitalizat

4 min read
The 1inch RabbitHole: protection from sandwich attacks
1inch NetworkDeFiAll you need to know

The 1inch RabbitHole: protection from sandwich attacks

The 1inch RabbitHole feature will protect MetaMask users from sandwich attacks, one of the most common ways of extracting MEV in DeFi. The 1inch Network is thrilled to introduce the 1inch RabbitHole, a brand new feature that aims to protect MetaMask users swapping on 1inch from sandwich attacks — the most common type of front-running. Sandwich attacks explained When making swaps on decentralized exchanges, users can potentially become victims of a so-called “sandwich attack,” a way of gettin

2 min read