Astar Network Launches Staking on QuickSwap DEX

QuickSwap has rolled out a significant update to its Pool page, focusing on improved user experience for liquidity providers. **Key improvements include:** - Redesigned UI with enhanced navigation - Expanded information display showing available liquidity pools - Projected yield calculations now visible - Consolidated rewards view on a single page The update aims to streamline the liquidity provision process by making critical information more accessible to users. LPs can now view pool details, potential returns, and rewards without navigating multiple pages. The upgraded interface is available at [QuickSwap's liquidity page](https://dapp.quickswap.exchange/liquidity).

**Urgent Action Required** Dogechain is shutting down on **Saturday, August 8 at 12:00 PM UTC**. **What You Need to Do:** - Withdraw all assets from QuickSwap immediately - Remove all liquidity provider (LP) positions - Bridge funds out before the deadline **Risk:** Failure to withdraw before August 8 may result in permanent loss of funds. This follows the initial announcement from June that gave users a 2-month window. The final deadline is now approaching. **Act now to secure your assets.**

QuickSwap accumulated 1.7 million QUICK tokens over the past seven days, valued at approximately $13,714. **Token Distribution Breakdown:** - Farms & Staking Reserve: 980,000 QUICK - Protocol Owned Liquidity: 180,000 QUICK - Burn: 540,000 QUICK This weekly accumulation is part of QuickSwap's ongoing buyback program, which uses protocol revenue to strengthen the ecosystem. The Treasury currently holds 25% of total QUICK supply (~232M tokens) and has grown to $4.08M in total assets. The buyback mechanism supports the protocol's flywheel model: trading fees generate revenue, which funds QUICK buybacks and Treasury growth, creating long-term sustainability.

QuickSwap has burned over 80 million $QUICK tokens, valued at $612,000. This represents a significant reduction in token supply, with the burns accelerating over time. **Key figures:** - 80M+ tokens permanently removed from circulation - $612K current value of burned tokens - Follows previous milestone of 60M tokens burned in March The burn mechanism continues to reduce token supply alongside ongoing buyback programs, creating increased scarcity for the $QUICK token on the Polygon-based DEX.

QuickSwap's governance proposal to implement the Clarity Act has passed with **unanimous community support**. All 15.3 million QUICK tokens voted were cast in favor of the measure. **Key Details:** - 100% approval rate from community voters - 15.3M QUICK tokens participated in the vote - Implementation details to be announced The Clarity Act, which has a 69% chance of becoming law in 2026 according to Polymarket, aims to provide regulatory clarity for the DeFi industry. QuickSwap's decision positions the DEX to align with potential upcoming regulatory frameworks. The community now awaits further updates on the implementation timeline and specific changes this will bring to the platform.