A decentralized organization the governs the network parameters, enabling 1INCH holders to vote for key protocol parameters and collect governance rewards.Launch dApp
1INCH token feature that enables community members to easily participate, benefit and vote for various protocol settings without lengthy voting periods.
Phase 1: 1INCH token distribution
During this phase the 1inch Foundation is distributing its token to community members through various incentivization activities in accordance to a lockup release schedule. The goal of this phase is to create a ground community to implement DAO.
Phase 2: DAO governance launch
During this phase the 1inch Foundation will launch a full DAO functionality, giving its participants an access to the extended governance mechanisms on the mission to completely decentralize the 1inch Network and to be owned by its members.