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1inch Network

$16,000

1inch.io
1inch

About

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space. The initial protocol of the 1inch Network is a DEX aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. This protocol incorporates the Pathfinder algorithm which finds the best paths among different markets over 180 liquidity sources on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum and Gnosis Chain. In just over two years the 1inch DEX aggregator has reached 2M users and surpassed $150B in overall trading volume. The 1inch Aggregation Protocol facilitates cost-efficient and secure swap transactions across multiple liquidity sources. 

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space. The initial protocol of the 1inch Network is a DEX aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. This protocol incorporates the Pathfinder algorithm which finds the best paths among different markets over 180 liquidity sources on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum and Gnosis Chain. In just over two years the 1inch DEX aggregator has reached 2M users and surpassed $150B in overall trading volume. The 1inch Aggregation Protocol facilitates cost-efficient and secure swap transactions across multiple liquidity sources. 

Prizes

1inch Network ⸺ $16,000

🏆 1inch Network is offering:

  • 🥇 1st: $8000 in 1INCH
  • 🥈 2nd: $5000 in 1INCH
  • 🥉 3rd: $3000 in 1INCH

#1 NFT Marketplace on the 1inch Limit Order Protocol

Build a marketplace on which users could sell NFTs for any tokens, using the 1inch Limit Order Protocol. Alternatively, you can build an NFT auction based on the 1inch Limit Order Protocol.

#2 NFT Aggregator

Build your own Unicorn project from the scratch. Build it on top of the 1inch Aggregator or 1inch Limit Order Protocol for the most efficiency or feel free to create your own product.

#3 Margin trading on the 1inch Limit Order Protocol

Write a smart contract enabling the creation of limit orders for margin trading on the 1inch Limit Order Protocol.

#4 Margin trading using the 1inch Aggregation API

Build an interface and smart contracts for margin trading using the 1inch Aggregation API. The 1inch Aggregation API has been successfully used in a range of projects, including MetaMask, Coinbase Wallet, Gnosis and Ledger.

#5 Automated market making strategy for stablecoins using the 1inch Limit Order Protocol

Write a smart contract that creates buy/sell orders for stablecoins. The idea is to be able to buy stablecoins at lower rates and sell at higher rates, making a profit on rate differences. A smart contract would simultaneously create buy and sell orders.

#6 Open Track

Suggest your own solution, keeping in mind that the 1inch Limit Order Protocol has conditional execution and arbitrary price discovery.

Getting Started

1inch Network Documentation

Official Github: https://github.com/1inch

Docs: https://docs.1inch.io/ 

Bounties: https://1inch.notion.site/1inch-Bounties-a15b4518972f47c0854b7a785c17f99d 

Guides