DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap

The token, named 1INCH and running on the Ethereum blockchain, will be distributed to all wallets that have previously interacted with 1inch (under certain trading conditions). The giveaway follows the approach taken by Uniswap, which made a surprise airdrop of UNI tokens to past users (worth well over $1,000 at the time) in September.