1inch and KrossLab join the Klaytn Governance Council
- 1inch and Krosslab have been onboarded as GC members
- This adds 2 more crypto-first GC members and brings the GC up to 35 members
As part of our continued pursuit of a crypto-first governance strategy, we are pumped to announce the onboarding of two new Governance Council (GC) members: 1inch and Krosslab. They will be joining the current ranks, bringing the number of GC members up to 35.
As crypto-native organizations, 1inch and Krosslab will be actively participating in and contributing to the Klaytn ecosystem through their respective strengths—1inch through its recently-completed Klaytn integration, and Krosslab through the development of infrastructure and services.
1inch is a network that connects multiple decentralized exchanges (DEX) into one unified platform. 1inch exchange allows users to compare and optimize their crypto trades and swaps without going through every exchange separately. The platform is unique because 1inch splits the order and uses APIs to find the best possible route for a token swap. This way, the 1inch protocol aims to offer the best possible rates to users.
As a GC member they will continue to actively contribute to the growth of Klaytn’s DeFi ecosystem through their network.
Krosslab is a Singapore-based blockchain company focused on providing blockchain infrastructure services. To date, they have launched Klaytnfinder, a block explorer for Klaytn. In addition to Klaytnfinder, they have also worked to provide support for numerous Web3 teams working to develop products like Klutch, a de-centralized cryptocurrency wallet, Fanto, a Web 3 fandom service and PROVERS, a Web3 service that motivates users to make improve their habits.
As a GC member, Krosslab will be building and providing infrastructure for tokenomics and data analysis, and contributing to the successful mass-adoption of the web3 economy through innovative services.