A non-profit organization that issued the 1INCH token and is dedicated to fostering the 1inch Network and initiatives that benefit the network's community.
The mission of the 1inch Foundation is to foster growth and expansion of the 1inch Network and incentivize contributions through grants and other capital deployment vehicles. The 1inch Foundation is focused on the following areas:
Engaging adopters and maximizing the network's decentralization through growing stakeowner numbers and their participation in DAO governance.
Incentivizing individual developers and teams to build on the 1inch Network's protocols and contribute to protocol evolution.
Running yield farming programs that have proven to be efficient bootstrapping tools for potential blue chips of the DeFi space, while offering users lucrative pool rewards.