Lesson Structure:

1/ Resolver Incentive Program

2/ Earn rewards by staking and delegating

3/ Modular Delegation

4/ Resolution

5/ Resolvers

1/ Resolver Incentive Program

Resolvers

Resolvers are algorithms that determine the best paths and strategies for exchanging tokens and providing liquidity based on data about available liquidity pools on different exchanges. They play an important role in optimizing trades and minimizing risk.

Through the Resolver Incentive Program, users who provide liquidity through resolvers can receive incentive rewards in the form of 1inch tokens.

This incentive allows to encourage more users to join the platform, provide liquidity and use resolvers to optimize their trading operations.

Resolver Incentive Program

As of December 24, the 1inch Resolver Incentive Program will run, under which resolvers will be refunded for gas spent on filling users’ orders in Fusion mode. Under this program, the 1inch Foundation will distribute 10mln 1INCH tokens as gas refund. Resolvers filling Fusion orders, as well as those using the 1inch Aggregation Protocol, will be eligible for refund. The maximum monthly size of refund is 1mln 1INCH tokens per resolver.

The programs will run until the entire combined 20M 1INCH fund is distributed.

Update on June 6, 2023:

Resolver Incentive Program from 1inch gives the user the opportunity to earn additional income, reduce risks, get a user-friendly interface and influence the development of the project, which makes it attractive to participate in the decentralized financial ecosystem.

Farmings

To incentivize stakers to delegate their "unicorn power," Fusion infrastructure establishes a default farm for each resolver. When a staker delegates their "unicorn power" to a resolver, they automatically join the farm. The resolver who owns the farm can provide rewards to the joined delegates, which are distributed proportionally based on their delegated "unicorn power" and the duration of delegation. A resolver also has the option to redefine the farm that a delegate automatically joins after delegation.

2/ Earn rewards by staking and delegating

Resolvers in 1inch help you optimize your trades by finding the best ways and strategies to exchange tokens.

You can use resolvers to execute your trades with maximum efficiency. You can also earn rewards for using resolvers in the form of 1inch tokens.

What does the Resolver Incentive Program give me as a user?

• Risk mitigation: Resolvers help to optimize trades by finding better ways and strategies to exchange tokens and provide liquidity based on available data about liquidity pools. This allows you to reduce risk and increase the efficiency of your transactions.

• Earn more: Program participants can receive incentive rewards in the form of 1inch tokens for providing liquidity and using resolvers. This allows users to earn additional income over and above potential trading profits.

• Participation in project development: Participation in the program allows users to influence the development and improvement of the 1inch platform. Providing liquidity and using resolvers helps increase the efficiency and reliability of the algorithms and enriches the data on which they are based.

• Usability: 1inch provides a user-friendly interface and an intuitive process for providing liquidity and using resolvers. This makes participation in the program simple and accessible even for those who are new to DeFi.

The Resolver Incentive Program encourages more users to join the 1inch platform, provide liquidity and use resolvers. This helps develop an active and diverse community of users who can share experiences and knowledge.

3/ Modular Delegation

The Modular Delegation system provides users with a set of delegation contracts that are specific to a topic. The set of delegation contracts is permissionless, meaning that anyone can deploy one and allow users to delegate their st1INCH within it.

The 1inch DAO will have the power to endorse a delegation contract and feature it in the 1inch staking UI.

Modular Delegation rewards

Some Modular Delegation contracts have an integrated rewards function that anyone can run a farm atop.

The main advantage to this type of reward is that it is not limited to being proportional to a user's st1INCH holdings. Any action, on-chain or off-chain, can be used as the basis of reward distribution. This functionality could be used by the 1inch DAO to incentivize anything from editing 1IPs to using a new 1inch protocol (and everything in between).

Modular Staking Pods problem resolution

Modular Staking Pods solves two major problems associated with participation in management and the use of the 1INCH token in staking:

• Lack of added utility for stacked 1INCH: Stacking 1INCH provides owners with the ability to receive a refund on a portion of their transaction fees.

  However, this feature may not be enough to motivate token holders to staking.

  The Modular Staking Pods offer allows stackers to receive rewards based on their actions and participation in the system. In this way, stakers receive additional utility for their staking, which encourages them to actively participate in the network and protocol management.

• Lack of incentives to participate in governance: The current low participation in governance suggests that 1INCH token holders do not see enough incentives to actively participate in the decision-making process.

  The Modular Staking Pods offering gives stakers more direct control over how their steak is used to manage each protocol. This means they can independently choose how their steak will participate in voting and decision-making, which creates a more direct incentive to participate in management.

Study the proposal:

4/ Resolution

1inch Resolvers provide more efficient use of liquidity and optimal order execution on DEX, improving users trading experience and allowing them to get better prices when trading different assets in the DeFi ecosystem.

One of the main problems in DeFi is the fragmentation of liquidity between different protocols and exchanges.

This means that optimal execution of trade orders may require splitting the order into multiple parts and executing them on different exchanges to get the best price.

1inch Resolvers solve this problem by providing an intelligent mechanism for routing orders through different decentralized exchanges. They analyze liquidity and asset prices across multiple platforms simultaneously and automatically find the best path for order execution, minimizing slippage and providing the best price for the user.

5/ Resolvers

Top 3 Resolvers

1inch Labs resolver APR 13.02 %

Seawise APR 33.5%

The T Resolver APR 33.7%

a step-by-step guide to 1inch resolvers delegate

SEAWISE example:

Stats

More detailed statistics on each of the resolvers is not yet available, but I'm sure that soon we will get a more detailed analysis from 1inch on resolvers.

If you want to be a 1inch resolver:

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