Hassan Maishera
The 1inch Network provided a token burn update to its community via Twitter on Monday. According to the team, it burned $2.7 million worth of Ether (1,426.64 ETH) last week, up by 248.65% from the previous week. In total, 1inch Network said it had burned over $141.5 million worth of Ether coins (49,335.76 ETH).
The 1inch Network is a DEX aggregator protocol across multiple chains, including Ethereum, BSC, Polygon, Optimism, and Arbitrum. 1INCH is down by 3% in the last 24 hours and is currently trading at $0.408 per token.
