QuickSwap Burns Over 32.5M QUICK Tokens Since October 2024
QuickSwap Burns Over 32.5M QUICK Tokens Since October 2024
馃敟 Dragons Keep Burning QUICK
QuickSwap continues its aggressive token burn strategy with significant results:
- 32,586,493 QUICK tokens burned since October 1, 2024
- Current burn rate: 219,000 tokens per day
- Daily emissions: 160,000 tokens
- Net deflationary rate: ~59,000 tokens daily
The protocol has maintained consistent burn rates, previously reaching 30M tokens burned by May 3rd. This represents approximately 3% of the total supply eliminated through protocol revenue.
The platform's deflationary mechanism continues to strengthen as burn rates exceed emission rates.
32,586,493 $QUICK have been bought back and burned since October 1, 2024 馃敟 219,000 tokens/day being burned with 160,000 tokens/day in emissions. Getting more deflationary by the day.
30,000,051 $QUICK have been bought back and burned via protocol revenue 馃敟馃敟 3% of the total supply has now been burned. Another huge milestone unlocked for the dragons.
Crypto Factor Joins Polygon Ecosystem with 9.76% Token Bonus
**Crypto Factor** has officially joined the Polygon ecosystem, offering investors an opportunity to purchase $CFR tokens. - **9.76% bonus** available through QuickSwap Bonds - Integration expands Polygon's DeFi offerings - Purchase opportunity available now The move represents continued growth in Polygon's ecosystem, building on previous initiatives like the Galxe DeFi campaign that encouraged native USDC swaps. *Ready to explore the new token opportunity on Polygon?*
馃И DeSci Evolution Accelerates
**DeSci (Decentralized Science) is gaining momentum** as key funding milestones are being reached and research projects accelerate development. The movement aims to revolutionize traditional scientific research by leveraging blockchain technology to: - Democratize funding mechanisms - Accelerate research timelines - Improve transparency in scientific processes With multiple projects hitting significant funding targets, DeSci appears positioned to transform how scientific research is conducted and funded. **Join the discussion** at The Aggregated spaces Episode 133 on October 10 at 3:00 PM UTC to learn more about this emerging sector. [Listen here](https://x.com/i/spaces/1OwxWebjzlMGQ)
馃巶 Dragon DEX Milestone
**QuickSwap celebrates its 5th anniversary** today, marking half a decade since launching in 2020. The decentralized exchange has grown into a **major DeFi hub** spanning 10 EVM chains, processing: - Billions in trading volume - Millions of transactions - Community-driven growth across multiple networks The "dragon DEX" has established itself as a **leading platform** in the decentralized finance space, with plans for continued expansion ahead.
鈿栵笍 QuickSwap Dragons Vote
QuickSwap community is voting on launching a new **perpetuals DEX** on Base chain, powered by Orbs Network. **Key Details:** - Voting deadline: Saturday, October 11 at 3:00 PM UTC - Platform: Orbs-powered perps trading - Target chain: Base This follows QuickSwap's previous expansion to Base chain earlier this year. [Vote now on Snapshot](https://snapshot.box/#/s:quickvote.eth/proposal/0xdebbe13754af0a13331793bc5eee1872ec0c0983af3e6deafac64a41f35d899f)
馃惛 PEPE Vault Launches
A new **PEPE-WETH liquidity vault** has launched on Base Chain through QuickSwap. **Key Features:** - Single asset deposits accepted in PEPE tokens - Earn rewards through liquidity provision - Powered by TheDeep protocol - Available on Base network for lower fees Users can now deposit PEPE tokens to earn yield in the new vault. The integration brings meme token utility to Base Chain's growing DeFi ecosystem. [Access the vault](https://dapp.quickswap.exchange/pool?chainId=8453)