
Astar Network has announced the launch of staking for its ASTR tokens on the QuickSwap decentralized exchange. Users can now stake their ASTR holdings and earn an annual percentage rate of over 14%. The staking program aims to support the development of new decentralized finance products built on Astar's zkEVM while providing rewards to stakers. QuickSwap is a leading decentralized exchange built on the Polygon network, offering lightning-fast trades with near-zero gas fees.
$ASTR staking on QuickSwap is now live! Receive over 14% APR by staking ASTR tokens through @AstarNetwork’s dApp Staking Portal. Users who stake help support the development of new DeFi products built for Astar zkEVM while also earning rewards. Stake: portal.astar.network/astar/dapp-sta…
Polygon Announces Sunset of zkEVM Chain
**Polygon has announced plans to sunset their zkEVM chain** to streamline operations. Users of QuickSwap and KyberSwap with assets on Polygon zkEVM should begin migrating their assets to alternative chains. - Trading on KyberSwap's Polygon zkEVM integration will be halted this week - Other zkEVM-based chains like Immutable and Manta Pacific remain unaffected - No immediate action required for KyberSwap users *Important: This change only impacts Polygon's own zkEVM implementation.* **Action Required**: QuickSwap users should begin planning asset migration from Polygon zkEVM.
QuickSwap Burns Over $1M Worth of QUICK Tokens
QuickSwap has reached a significant milestone in its token burning program: - Over $1,000,000 worth of QUICK tokens burned - 42,279,742 QUICK tokens removed from circulation - 4.23% of total supply eliminated - 5.61% of circulating supply burned This represents steady progress from previous burns, showing consistent execution of the deflationary mechanism. The burn rate has accelerated since March 2025, when only 2% of supply had been burned. *Learn more about QuickSwap's tokenomics and burning mechanism on their [governance forum](https://forum.quickswap.exchange)*
QuickSwap Considers AI Integration Through SphereOne Partnership

QuickSwap has opened discussions for a new governance proposal to integrate AI agents through SphereOne technology. This marks the DEX's second major AI-related governance proposal, following their earlier Community Currency Bot initiative. Key points: - Proposal aims to enhance DEX functionality with AI capabilities - Integration would be implemented through SphereOne's technology - Community voting and discussion phase now active The proposal is currently in its discussion phase, with community members invited to share their perspectives on the potential integration. This follows QuickSwap's pattern of community-driven decision making for major platform updates.
QuickSwap Token Burn Update - November 2024
QuickSwap's ongoing Trial of Fire initiative has reached a significant milestone in its token burning program: - Total of **5,310,829 QUICK tokens** burned since October 1, 2024 - Tokens were bought back using protocol revenue - Represents continued execution of deflationary tokenomics This follows the October update which reported 1.5M tokens burned, showing accelerated burning activity through November.
QuickSwap Community Approves BitTorrent Chain Deployment

QuickSwap's community has voted in favor of deploying on the BitTorrent Chain (BTTC). This decision marks the beginning of an official collaboration between QuickSwap and BitTorrent. Key points: - Voting concluded on October 10, 2024, at 8:30 AM UTC - Chain deployment is expected to commence soon - This move is part of QuickSwap's expansion strategy The integration with BitTorrent Chain represents Phase 1 of the partnership. QuickSwap is encouraging community speculation on what Phase 2 might entail. For those interested in tracking $QUICK token burns, a link to the Polygonscan contract is available.