#4 - Kiln DeFi RDV - Sergej Kunz - 1inch Network: Aggregating liquidity from multiple DEXs for optimal prices

In this episode, Sergej Kunz, Co-Founder of 1inch Network, shares his journey into the crypto space and the development of 1inch. He discusses his background as a software engineer and his early interest in cryptocurrencies. Sergej talks about his experience participating in hackathons and how he and his co-founder, Anton, built the first version of 1inch in New York City. He also shares the story behind the name '1inch' and how they pitched the idea to investors. Sergej explains the concept of aggregation in the DeFi space and how 1inch aims to provide a more efficient trading experience for users. He also discusses the development of the 1inch wallet and the importance of owning the user's experience. In this conversation, Sergej also discusses the geoblocking of the 1inch platform in the US and the decision-making process behind it. He also talks about the 1inch wallet and card, which allow users to easily spend cryptocurrencies in real life. Sergej explains the launch of Fusion, a compliant institutional environment for interacting with DeFi liquidity, and the concept of intent-based protocols. He shares his vision for the future of 1inch, including the use of payment channels and the development of a decentralized API network. Sergej emphasizes the importance of decentralization and building something that is used by a large number of people.