TechFlow news, December 24 — Rating agency ICO Drops tweeted, "It looks like 1inch.exchange is launching its token." The screenshot shows that the 1INCH token has a total supply of 1.5 billion and was generated and issued yesterday. This information has not yet been officially verified. 1inch is one of the world's leading decentralized exchange aggregators and has not officially launched its token yet, but has publicly disclosed its token model.
30% of the total token supply will be allocated to secure network security (unlocked over 4 years);
22.5% will be distributed to the 1inch core team and future employees (unlocked over 4 years);
21% will be used for ecosystem development (unlocked over 4 years, with part of the tokens allocated to liquidity mining programs);
19.5% allocated to investors and shareholders (unlocked over 2.5 years);
5% allocated to advisors (unlocked over 4 years);
2% allocated to early liquidity providers on its Mooniswap-based platform (unlocked over 1 year).
