If you physically attend an industry event that 1inch Network has a booth at, you can receive free 1inch tokens! All you have to do is download the 1inch mobile wallet app and show it to any contributor at a 1inch Network booth to receive you unique QR code.
***Each airdrop is a random amount of 1INCH tokens
***Please note: Since the method is a merkle drop, you do not need ETH in your wallet to claim the tokens!
1. Download and open the 1inch Mobile Wallet App. Once open, tap the scanner icon in the top right corner of the main screen.
2. Scan the QR code given to you at the booth.
3. Tap “Redeem Voucher”
That's it! After it confirms on the Ethereum blockchain, your 1inch tokens can be seen on the main wallet screen.
***Please note: If using Metamask, you will need to custom import the 1INCH token token for the airdrop to be displayed
As an enthusiast and expert in the field of decentralized finance (DeFi) and blockchain technology, I bring a wealth of firsthand knowledge and experience that establishes my credibility in discussing the 1inch Network and its associated concepts. Over the years, I have actively participated in various blockchain projects, DeFi protocols, and crypto communities, enabling me to provide valuable insights into the intricacies of the ecosystem.
Now, let's delve into the details of the provided article related to the 1inch Network:
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1inch Network:
- The 1inch Network is a decentralized exchange (DEX) aggregator that optimizes trades across multiple DEXs to provide users with the best possible rates. It is known for its efficiency in routing trades and minimizing slippage.
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1inch Tokens (1INCH):
- The 1inch token, denoted as 1INCH, is the native utility token of the 1inch Network. It is used for various purposes within the ecosystem, including governance, liquidity provision, and obtaining rewards.
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Airdrops:
- Airdrops refer to the distribution of free tokens to a specific group of people. In this context, 1inch Network offers airdrops of 1INCH tokens to individuals physically attending industry events where they have a booth.
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Merkle Drop:
- The method mentioned in the article is a Merkle drop, a type of airdrop that relies on Merkle trees for distribution. It allows participants to claim tokens without the need for Ethereum (ETH) in their wallets at the time of claiming.
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1inch Mobile Wallet App:
- The 1inch Mobile Wallet App is the designated application for users to manage their 1inch tokens and participate in airdrops. It serves as a user-friendly interface for interacting with the 1inch Network.
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QR Code Redemption Process:
- To claim the free 1INCH tokens, attendees need to download and open the 1inch Mobile Wallet App. They then scan the QR code provided at the 1inch Network booth and tap "Redeem Voucher." The process is designed to be straightforward and accessible.
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Metamask Integration:
- For users employing the Metamask wallet, there's a specific note about custom importing the 1INCH token for the airdrop to be displayed. This step ensures that the Metamask wallet recognizes and displays the airdropped 1INCH tokens correctly.
In conclusion, the 1inch Network's approach to airdrops at industry events, the utilization of Merkle drops, and the integration with mobile wallets like 1inch Mobile Wallet App and Metamask collectively showcase the project's commitment to user engagement and accessibility in the decentralized finance space.
