Lucky Airdrop Winner Earns $20 Million in 1INCH Token Airdrop

4 Days ago, we wrote about the most interesting airdrops of 2020, including giveaways like Spark (XRP) and Uniswap.

However, on Christmas day something magical happened in Airdrop land.

1INCH Token Airdrop

The decentralized exchange aggregator service 1INCH, airdropped 90 million 1INCH tokens to users who had previously traded on the exchange.

Of the 1INCH token Airdrop participants, the highest reward of Airdrop distribution received 9,749,686.003 tokens. These were worth approximately $27.5 million at the highest price of $2.8 per token. This data is provided by on-chain analytics provider Dune.

In total, over 55,200 addresses are eligible to claim the free 1INCH tokens. The average Airdrop value across these addresses was about 1,629 1NCHtokens.

All that the users had to do to qualify for the airdrop, was to complete a transaction on the platform before Sept. 15. Users who executed four trades in total or transactions valued at least $20 before Dec. 24 are also eligible to claim the free tokens.

Nearly 60% of the eligible participants have claimed there Airdrop, according to Dune. So if you are a user of the 1INCH platform, you should have a look to see if you claim your 1INCH tokens.

Earn 1INCH tokens With the New Referral Program

Recently, the exchange added a referral program, so you can earn 1INCH tokens by referring friends to the exchange. We added it to our listings, which you can find here.

When your friend uses the 1inch exchange to swap, that transaction includes a Fee. A part of that fee goes to Stakers. The other part (approximately 28%) goes to Referrals. However, It’s impossible to calculate your exact earning, because each transaction has a different fee.

More Trading competitions

This kind of trading competition is gaining popularity over the past year. As we see competitions of Binance, Kucoin and Stormgain regularly add competitions. The last one currently has a competition with a prize pool of 90,000 USDT, plus 1 Bitcoin. The last one is a little more exciting in the current bull market we are in.

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