Hassan Maishera
The 1inch Network provided a token burn update to its community via Twitter on Monday. According to the team, it burned $564,300 worth of Ether (342.76 ETH) last week, down by 36.63% from the previous week. In total, 1inch Network said it had burned over $132.5 million worth of Ether coins (44,311 ETH).
The 1inch Network is a DEX aggregator protocol across multiple chains, including Ethereum, BSC, Polygon, Optimism, and Arbitrum. 1INCH is down by 2% in the last 24 hours and is currently trading at $0.557 per token.
