The 1inch Network describes itself as providing “one-stop access to decentralized finance.” The network itself is a collection of protocols, the first of which was a DEX aggregator that “searches deals across multiple liquidity sources, offering users better rates than any individual exchange.” The network also includes an Aggregator Protocol, a Liquidity Protocol, and a Limit Order Protocol — as well as its own wallet. The 1inch DAO governs the network, and “all participants in the DAO are working towards a common goal: 1inch Network protocols and the 1INCH token to be completely decentralized, owned and governed by the DAO.” The DAO’s governance process, originally based on that of Balancer and Gnosis, is adapting to the needs of the DAO, as we see with the proposal at hand.