Hassan Maishera
The 1inch Network provided a token burn update to its community via Twitter on Monday. According to the team, it burned $1,730,000 worth of Ether (541 ETH) last week, up by 40.8% from the previous week. In total, 1inch Network said it had burned over $132.9 million worth of Ether coins (43,969 ETH).
The 1inch Network is a DEX aggregator protocol across multiple chains, including Ethereum, BSC, Polygon, Optimism, and Arbitrum. 1INCH is up by 4% in the last 24 hours and is currently trading at $0.620 per token.
