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1inch $10M Delegation Incentive Program aims to incentivize the delegation of 1INCH stakers’ Unicorn Power to resolvers. Last December, in a breakthrough move set to take users’ DeFi experience to a new level, the 1inch Network launched Fusion mode. It enables users to make swaps without paying network fees. Swap orders are filled by resolvers — professional market makers who pay applicable gas fees while profiting from arbitrage trading. To help facilitate the new system, the 1inch Resolver Incentive Program was launched in December 2022, aimed to compensate resolvers’ gas costs. Meanwhile, users who stake their 1INCH tokens, now receive Unicorn Power, which could be used in votes for major network decisions or delegated to one of the resolvers — in exchange for delegation rewards. In addition, Fusion mode offers users a totally new approach to DeFi transactions, and, to incentivize the process of Unicorn Power delegation to resolvers. There are 250,000 1INCH tokens will be distribut...

1inch Networks’ upcoming hardware wallet has no direct connection to the internet and doesn’t require any wired connection. Decentralized exchange (DEX) aggregator 1inch Network is the latest cryptocurrency platform to move into the hardware wallet industry amid the rise of self-custody. On Jan. 19, 1inch officially introduced the 1inch Hardware Wallet, a proprietary hardware wallet developed by an independent team working within the 1inch Network.  In order to provide maximum security, the 1inch Hardware Wallet is “fully air-gapped,” meaning that it has no direct connection to the internet and does not require any wired connection. “All data is exchanged using QR codes or, optionally, with NFC,” 1inch said, noting that the 1inch Hardware Wallet also doesn’t have any buttons. The upcoming hardware wallet comes in the size of a bank card, featuring a 2.7-inch E-Ink grayscale touch display. The waterproof crypto wallet is equipped with a damage-resistant Gorilla Glass 6 surface and sta...