Why I chose 1inch for investment

My token, XASB (Crypto Assets of Steve Bayer) is meant to help investors diversify their investments in Ethereum’s DeFi Ecosystem with investments in strong, competitive projects. XASB token sales by me shall be used to back the token with ETH, 1inch and SUSHI.

1inch is a relatively new DeFi platform for me. I was looking for a way to sell my new token, XASB on a DEX without an AMM.

I initially looked at UniSwap for registering a liquidity pool but the high registration fees made me hesitate. I then looked at SushiSwap and the half price registration fees made me dive in. At that time, I was not aware that 1inch was a DEX.

Using an AMM is complicated, I have to put up equal amounts of ETH and XASB if I want to provide liquidity to someone who wants to buy or sell ETH for XASB.

While looking at gas fees on https://www.gasnow.org/, I noticed that 1inch was listed as a gas fee example. I clicked on the link to 1inch and discovered that it was a DEX and did not require an AMM to sell my token.

I put up a limit order to sell 1,000 XASB and the low gas fee was nice. I didn’t have to pay a high registration fee to list my token on sale in a DEX. Today, I put up another order to sell 1,000,000 XASB and the gas fee was even lower.

Buy up to XASB 1,000,000 at 0.12 USDT/XASB on 1inch: https://app.1inch.io/#/1/limit-order/USDT/XASB