Proposal to add 1INCH as Collateral

Proposal to add 1INCH

This is a proposal to add 1INCH as a capped collateral to Interest Protocol.


1INCH is an ERC-20 governance and utility token of the 1inch Protocol.

Both Matcha and DeFi Llama estimate 10% slippage to occur at ~$8,800,000 market sell.


Token Address: 0x111111111117dC0aa78b770fA6A738034120C302
Capped Token address: TBD
LTV: 70%
Liquidation incentive: 10%
Maximum Cap: 5,000,000 1INCH (~$2,000,000 market value at time of writing)
Oracle Address:
Primary oracle: 0xc929ad75b72593967de83e7f7cda0493458261d9
Secondary oracle:
Price deviation: 20%


Market Cap: $3,323,000
Liquidity: ~$15,700,000 (Uniswap V3: 0xe931b03260b2854e77e8da8378a1bc017b13cb97)
Coingecko 7-day avg 24hr volume: $13,400,000
Notable exchanges: Coinbase, Binance, Kraken, Uniswap, etc

Technical risks

Type of contract: ERC20
Underlying asset: Governance Token
Time: 884 Days (Created December 23, 2020)
Privileges: None
Upgradability: None
Supplemental Information:

Relevant References