1inch’s joint liquidity mining program with Tornado

1inch
2 min readFeb 8, 2021

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1inch’s joint liquidity mining program with Tornado

Our additional liquidity mining program will focus on the ETH-TORN pool.

As we continue to offer users opportunities to invest in potential “blue chips” of the DeFi space, we are glad to announce a new addition to our main liquidity mining program, which will start on February 9, midnight (00:01 UTC), focusing on the newly launched ETH-TORN pool.

Under this liquidity mining program, 0.02% (300K) of the 1INCH token total supply will be distributed among providers of liquidity to the ETH-TORN pool over a four-week period.

TORN is the token of Tornado Cash, a decentralized, non-custodial privacy solution built on Ethereum. It improves transaction privacy by breaking the on-chain link between recipient and destination addresses.

Tornado Cash uses a smart contract that accepts ETH and ERC-20 deposits. These deposits can be withdrawn by any on-chain address. Whenever an asset is withdrawn by the new address, there is no way to link the withdrawal to the deposit, ensuring asset privacy.

Our successful liquidity programs with OPIUM from the Opium Network and LDO from the Lido have shown that “blue chips” of this kind are popular with users, allowing them to collect substantial profits.

We plan to run more exciting liquidity mining programs for you! So, stay tuned!

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1inch

Leading trustless, non-custodial, on-chain trading platform with best prices and aggregated liquidity across 12+ blockchains, 16+ PMMs, and other platforms.