Topics covered:

What is 1inch Network's Earn

How to deposit tokens into 1inch Earn

How to withdraw tokens from 1inch Earn


What is 1inch Network Earn?

1inch Network Earn is a tool for users to earn yield through optimized 1inch liquidity pools. These pools use a formula [ x = y * (1 - fee) ] that narrows the price range in which liquidity is allocated, consequently allowing liquidity providers to maximize the efficiency of their liquidity and achieve a more stable yield.

This current fixed rate swap strategy utilizes the slight movement of stablecoin prices. For example, with USDC and USDT, it would sell USDC if the price is <1 USDT, and buys USDC if the price is >1 USDT. Trading volume for the pair is routed to the strategy via the 1inch aggregation protocol.


How to deposit tokens into 1inch Earn

First, connect your wallet.

Then, click the "Earn" tab at the top of the page.

Here, you will see all available strategies. Click "Deposit" on the strategy you would like to use, OR open the desired strategy and click "Deposit" on the next page. (We will use the USDC-USDT Fixed Rate Swap strategy as an example)

If this is the first time you are providing these tokens to this strategy, you will need to give permission to the 1inch smart contract to access your tokens for use. To do so, click "Give Permission to use", and then confirm the transactions in your connected wallet. These are approvals (unlocks), which is step 1 of 2 in the process.

***Note: Since two tokens are deposited to the strategy, two separate approvals might be necessary before depositing.

Once all of the approval transactions are confirmed, the button will now read "Deposit". Confirm the amounts you would like to deposit, then click "Deposit", and confirm the transaction in your connected wallet.

Once the transaction is confirmed, you will immediately begin earning yield in the form of both tokens deposited. Your updated stats (including amount earned and estimated APY) will now be viewable on the trading strategy dashboard.

***Note: For this example the redemption token would show up in your wallet as "Fixed Rate Swap (FRS).


How to withdraw tokens from 1inch Earn

First, Click the "Withdraw" button next to the strategy you would like to use, or open the desired strategy and click the "Withdraw" button on the next page.

On the next screen, select the amount you would like to withdraw. There are 4 options to choose from: 25%, 50%, 75%, and 100%. Also select the tokens you would like to receive. You can choose either of the tokens deposited, or a ratio of both.

Once everything looks good, click "Withdraw".

Lastly, confirm the transaction within your connected wallet.

You have now successfully withdrawn your tokens from 1inch Earn.

***Please note: By withdrawing your funds, you will also be claiming all earnings accrued.

Questions, comments, concerns? Feel free to reach out in the live support chat!

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