The company also continues to make conquests In the UK market, digital bank Revolut has partnered with popular decentralized exchanges (DEX) aggregator 1-inch to offer its DeFi-focused joint cryptocurrency “Learn & Earn”.
“We are excited to launch a new series of lessons, developed using the much-acclaimed 1-inch network,” said Revolut Cryptocurrency General Manager Emil Urmanshin. “This will give customers more insight into different cryptographic concepts.”
The course has been developed by 1 inch, and contains three lessons to help users understand the basics of a decentralized economy (DeFi).
These three lessons focus on three pillars of DeFi, including how decentralized exchanges work, how the 1-inch “Pathfinder Algorithm” works, and the core governance of decentralized autonomous organizations (DAO).
The 1-inch network combines various DEXs across the crypto space into a single interface and provides traders with competitive pricing for trading pairs. The mechanism by which the platform determines the best trade for a given pair is called the path algorithm.
“DeFi education is critical because it drives more mass adoption,” says Serge Koons, co-founder of 1-inch Network. “We are very excited about the course we are launching with Revolut, and we also hope it will pave the way for our deep collaboration.”
Earn 1 inch token with Revolut
After completing each lesson, users earn 1 inch (1 inch) original tokens that are added to their Revolut crypto balance.
according to RevolutionLearn and Earn coding courses are only available to users of crypto products. Newcomers must board the Revolut crypto product before accessing the courses.
The 1-inch token is trading at around $0.61, with a market capitalization of just over $318 million, and it ranks as the 109th largest cryptocurrency, according to data from gecko coin.
The course is part of the Revolut tutorial, which aims to help users learn more about the assets the new bank supports.
“When we introduced the Learn & Earn courses, we aimed to make the crypto world more accessible,” Urmanchen said. “The results exceeded our expectations, demonstrating the true clients need for this type of training.”
Founded in 2015, Revolution It operates in more than 200 countries, with more than 20 million personal users.