I understand this topic was raised a lot of times, but can’t resist giving it one more try… The idea is to use 1inch token for cross-chain swaps (something like anyswap do with their token) for any eth-compatible networks. To achieve this 1inch could collaborate with Near protocol on extending rainbow bridge to cover all eth-compatible networks (well, at least bsc / near / avalanche / harmony). Bridge will be used under the hood to move 1inch tokens between chains but for user experience could be like this:
- Select source chain
- Select target chain
- Select how much 1inch tokens to be migrated
- Exec transaction
- Tokens moved to the same wallet but on a target chain
On each chain 1inch would also have chain-specific pools (like 1inch/eth or 1inch/bnb which are already available) allowing to make use of migrated 1inch tokens.