Prior to registering as a resolver, each individual or company is required to pass a verification procedure.
The aim of the verification is to provide a safe and transparent environment within the 1inch Network. Verification ensures that each resolver is a trustworthy actor within the network, increasing user confidence and trust. Additionally, verification is necessary for the resolver to receive relevant rewards.
Essentially, verification involves completing an identifying KYC (know-your-client)/KYB (know-your-business process) questionnaire, which is accessible directly at 1inchfoundation.synaps.me. The process is slightly different for individuals and entities, but in both cases it is straightforward. It involves answering several questions and uploading basic identifying documents.