As part of a wider exodus, the highest-profile Ethereum-native decentralized finance project yet has announced an expansion to Binance Smart Chain.
In a press release on Thursday, the 1inch team revealed that it has ported 10 million 1INCH tokens (currently worth over $40 million dollars) to BSC. The tokens will be used as a liquidity bridge between Ethereum and BSC and will seed the 1inch ecosystem on BSC, including the 1inch Aggregation Protocol and the 1inch Liquidity Protocol.