1inch co-founder Anton Bukov has left the project, according to a post on X cited by Odaily and attributed to Pagga co-founder Alex. Bukov was described as the architect behind several core parts of 1inch, including the 1inch Router, Fusion and its cross-chain swap design. Despite stepping away, he will keep his status as co-founder and retain a 50% equity stake in the project. The update also said he will no longer be involved in operations, product architecture or security-related work at 1inch. Separately, Bukov has launched a new independent DeFi infrastructure company called Second Tier. The new venture is focused on building systems that connect users’ economic intent with on-chain execution. No other details were provided in the source material.
1inch co-founder Anton Bukov has announced his departure from the project, according to Odaily, which cited a post on X by Pagga co-founder Alex.
Alex said Bukov had been responsible for designing several core parts of 1inch, including the 1inch Router, Fusion and its cross-chain swap architecture.
Bukov will still retain his co-founder title and a 50% equity stake in 1inch. He will no longer take part in the project’s operations, product architecture or security-related work, the post said.
At the same time, Bukov has started a new independent DeFi infrastructure company, Second Tier. The company is focused on building systems that connect users’ economic intent with on-chain execution.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.