$1INCH surged and topped the list of gains. The fundamental reason is that the team has recently repurchased intensively. Just when the market fell today, the 1inch team repurchased 10.99 million tokens at a cost of 2.51 million US dollars. Since July 5, a total of 22.45 million 1inch tokens have been repurchased at a cost of 5.5 million US dollars.

In addition, the entire DeFi sector rebounded today. I think it is related to the cooperation between dappOS and Binance Web3 wallet. There is a joint promotion activity of 500,000 US dollars at #BinanceWeb3Airdrop . What kind of project is this dappOS?

dappOS is an intention asset track project. In short, intention assets are a packaged asset. The bottom layer can help users obtain asset returns and have liquidity. This feature of "interest-bearing but unrestricted usage scenarios" will greatly release the liquidity of the Web3 industry. The locked or pledged assets in the DeFi sector can be used as opening while obtaining returns, which has a far-reaching impact on the entire Web3 industry.

DappOS can easily take out $500,000 for an event, which shows its strength. After the investment from Binance, Sequoia and other capitals, DappOS is valued at 300 million and the financing amount is in the tens of millions. Moreover, DappOS has cooperated with many defi protocols now. Whether it is the interest of underlying assets or the use of products, it is already relatively complete. In the future, it is hoped that it will become the leading project of intentional assets.

This event jointly organized by DappOS and Binance Web3 will also bring a large number of new users to DappOS, and they can experience and use intentional assets. On the other hand, DappOS users will also use Binance's Web3 Wallet. The two can achieve a win-win goal through an event.

The future of #dappOS意图执行网络 has the participation of Binance, and the imagination is unlimited.