1INCH staking announces rewarding quests for users: Win NFTs and Web3 rewards


  • 1INCH token stakers can participate in Web3 quests and games to win rewards from Protocol.art, Planet IX and Galxe. 
  • The protocol announced a series of benefits for 1INCH stakers who have staked at least 100 tokens, including rare NFTs, POAPs and tokens. 
  • The 1INCH team recently paid out 13,400 tokens to users under the staking migration program. 

1INCH, a decentralized protocol, has announced how stakers can participate in Web3 quests and games to win NFTs and tokens. 1INCH stakers who staked at least 100 tokens can win rare NFTs from Protocol.art and Planet IX. 

Also read: Solana, XRP and MATIC receive inflows as alt season narrative heats up

1INCH stakers can win a Unicorn Horn NFT, here’s how 

1INCH stakers can participate in the quest on Galxe, running between March 14 and April 14 to win Unicorn Horn NFT rewards. The quest consists of tasks centered around Web3 and players who successfully complete it, receive different NFT rewards based on their level of achievement. 

The quest ends on April 14. Stakers who stake at least $100 worth of 1INCH tokens for a month and delegate this amount to one of the resolvers are eligible to participate in the quest. Find details below. 

1INCH Gale quest for Unicorn Horn NFT

1INCH Galxe quest for Unicorn Horn NFT

1INCH recently informed the community of the 13,400 tokens distributed under the staking migration program. Alongside opportunities to earn rewards on staking, the network has been distributing tokens to stakers under different programs. 

How 1INCH stakers can get whitelisted for the Planet IX NFT pack

In addition to earning staking rewards, users have the opportunity to get whitelisted for the Planet IX NFT pack using their 1INCH wallet. After performing a series of tasks, users get whitelisted and claim their NFTs through their wallet. The quest ends on March 31. Find the step-by-step guide in the tweet thread below:

How 1INCH stakers can generate a Web3 identity for their wallets

1INCH wallet holders can claim their free .art domain from Protocol.art and turn it into a Web3 identity for their wallet. Protocol.art is a community of art enthusiasts that allows users to mint creative names as art NFTs. Free domains can be obtained based on the period for which 1INCH tokens were staked and the number of staked tokens. All wallets that have staked 1INCH tokens and delegated Unicorn Power will be eligible to claim their domains from Protocol.art between March 16 to April 1. 

State of 1INCH staking

As of March 28, 0.73% of the 1INCH token supply is staked. Upwards of 10.7 million 1INCH tokens are staked by users for earning rewards. As seen in the chart below, the volume of staked tokens noted a sharp decline on March 14. 

1INCH staking statistics

1INCH staking statistics 

1INCH’s lucrative staking rewards are likely to draw more users to the program and effectively reducing the circulating supply of the tokens. This could reduce selling pressure on 1INCH in the long-term. 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Is Altcoin Season here as Bitcoin reaches a new all-time high?

Is Altcoin Season here as Bitcoin reaches a new all-time high?

Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.

More Altcoin News
Shanghai court confirms legal recognition of crypto ownership

Shanghai court confirms legal recognition of crypto ownership

A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.

More Cryptocurrencies News
BTC hits an all-time high above $97,850, inches away from the $100K mark

BTC hits an all-time high above $97,850, inches away from the $100K mark

Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.

More Bitcoin News
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange

Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange

Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.

More Shiba Inu News
Bitcoin: New high of $100K or correction to $78K?

Bitcoin: New high of $100K or correction to $78K?

Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.

Read full analysis
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

BTC

ETH

XRP