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Pantera Capital backed 1inch, a Non-Custodial Crypto Exchange Aggregator, Introduces a Governance Token


Pantera Capital backed 1inch, a Non-Custodial Crypto Exchange Aggregator, Introduces a Governance Token
December 26, 2020 @ 5:31 pm By Omar Faridi
1inch, a decentralized or non-custodial crypto exchange aggregator that recently acquired $12 million in funding via a round led by Pantera Capital, has announced the launch of the new
1INCH token.
According to the announcement, the 1inch Network will now be “governed” by a distributed autonomous organization or DAO.
As noted in a blog post by 1inch:
“The independent board of the 1inch Foundation has released 1INCH, a governance and utility token. The 1inch Foundation intends to support the adoption of the 1INCH token via the permissionless and decentralized 1inch Network.” ....

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