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1inch announces expansion to Binance Smart Chain, plans to run BSC node

Published 02/25/2021, 11:05 AM
Updated 02/25/2021, 12:40 PM
1inch announces expansion to Binance Smart Chain, plans to run BSC node
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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.

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