Polygon Maintains 2nd Place Among Layer 2s

QuickSwap has opened a governance vote for QUICK token holders to decide whether to adopt Orbs Network's infrastructure as the standard for its perpetual decentralized exchanges. **Key Details:** - Vote concerns full migration of decentralized perpetuals to Orbs Network - Only QUICK token holders can participate in the decision - Voting deadline: Sunday, May 31 at 12:00 PM UTC **How to Participate:** Cast your vote at [QuickSwap's Snapshot page](https://snapshot.box/#/s:quickvote.eth/proposal/0x2564e956ca2f1f9f0a814fe43b7ff0c5afece25dee7b0e6d91455751c2f85fc4) This follows a previous governance proposal in October 2025 regarding launching Orbs-powered perpetuals on Base Chain, indicating QuickSwap's continued exploration of Orbs Network integration for its trading infrastructure.

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.

QuickSwap executed another weekly buyback, purchasing **2.294 million QUICK tokens** and removing **0.2294% of the total supply** from circulation. **Recent buyback activity:** - Week of Jan 27: 2.294M QUICK (0.2294% of supply) - Week of Jan 20: 2.08M QUICK (0.208% of supply) - Week of Jan 13: 3.9M QUICK (0.3917% of supply) The DEX has maintained consistent buyback programs throughout early 2026, systematically reducing token supply. These buybacks use protocol revenue to purchase tokens from the open market, creating deflationary pressure on the QUICK token. The cumulative effect of these weekly buybacks represents a meaningful reduction in circulating supply over time, potentially benefiting existing token holders through increased scarcity.

**Web3 payments are gaining momentum** as a key narrative in the blockchain space. The industry is watching to see which companies will emerge as dominant forces in crypto payments. Key developments include: - Stablecoins leading the charge in blockchain payments - Major partnerships like Coinbase working with PayPal - Polygon actively pushing the payments narrative forward The space continues to evolve rapidly, with traditional finance companies increasingly exploring blockchain-based payment solutions. **What's next?** Industry experts will discuss the future of Web3 payments and identify potential market leaders. Join [The Aggregated Spaces Episode 141](https://x.com/i/spaces/1OyKAjNNXMOGb?s=20) on December 5 at 4:00 PM UTC for deeper insights into this developing narrative.

**QuickSwap and Voltrade have launched their trading competition series on Base**, starting with NAV Finance offering a **$3,500 prize pool in $NAV tokens**. **Competition Details:** - Trade $NAV tokens on QuickSwap to qualify - Competition runs until **December 13 at 12:00 PM UTC** - Total prize pool: $3,500 in $NAV tokens **How to Participate:** - Register on [Voltrade](https://voltrade.xyz/trading_competition/navfinance-x-quickswap) - Read competition rules in the official blog - Start trading $NAV on QuickSwap This marks the **first competition in QuickSwap's new Base trading series**, expanding the DEX's presence beyond Polygon to Coinbase's Layer 2 network. *Ready to compete? Register now and start trading to qualify for prizes.*