Ans: The 1inch token is hosted on the Ethereum blockchain. However, the 1inch protocol works with multiple chains like Ethereum, BNB, Avalanche, Polygon, Arbitrum, and more.  A simple analogy to help understand this is a program running on Microsoft Windows, where the 1inch token is the program and Ethereum is Windows. This means the Ethereum blockchain is the basic infrastructure that allows 1inch to run. While the software itself works for anyone using any other operating system or chain.