Important Notice for QuickSwap LPs

馃毃 Urgent: Your money at risk?

By Quickswap
Oct 10, 2024, 2:04 PM
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QuickSwap users with liquidity in DefiEdge pools on Polygon PoS:

  • Withdraw your liquidity before Thursday, October 10
  • DefiEdge will no longer manage strategies
  • Reason: DefiEdge's shift to focus on institutional liquidity

This follows the recent deprecation of QuickPerps V1 on Polygon zkEVM, where users were advised to close positions and withdraw liquidity from the $QLP pool.​

Action required:

  • Check your QuickSwap liquidity positions
  • Withdraw from DefiEdge pools before the deadline
  • Stay tuned for further updates from QuickSwap
Sources
Read more about Quickswap

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QuickSwap will discontinue farm rewards on Polygon PoS on March 25 at 1:00 PM UTC. **Key Points:** - Existing liquidity providers on Polygon don't need to take immediate action - LP positions will remain active and continue earning trading fees - Farm rewards are moving to Base network going forward - Users seeking additional incentives can migrate their liquidity to Base This represents a strategic shift in QuickSwap's reward distribution, concentrating incentives on Base while maintaining basic functionality on Polygon.

馃敭 Beyond Basic DeFi

**The Aggregated** is hosting a Twitter Spaces discussion exploring advanced DeFi use cases beyond simple trading and staking. The session will cover: - Borrowing against LP (liquidity provider) tokens - Using prediction market position tokens as collateral - Other innovative DeFi applications Hosted by **@protofire** and community members, the conversation aims to showcase practical applications that extend DeFi's utility. **Episode 154** takes place March 20 at 3:00 PM UTC. [Join the Space](https://x.com/i/spaces/1vJpPrgAlvmJE?s=20)

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