1INCH is the native utility and governance token of the 1inch Network, a decentralized exchange (DEX) aggregator. The 1inch platform aggregates liquidity from multiple decentralized exchanges to offer users the best possible trading rates. Here's a quick overview of the 1INCH token: 1. Utility: Governance: Holders of 1INCH can vote on various protocol decisions, such as fee structures and the addition of new liquidity sources. Staking: Users can stake 1INCH tokens to earn rewards and participate in the platform’s governance. Liquidity: The token also serves to incentivize liquidity providers and users through rewards and rebates. 2. Platform Advantages: Better Pricing: By routing orders across various DEXs, 1inch helps traders find the lowest prices and reduces slippage. Gas Optimization:.