QuickSwap Token Burn Update - November 2024
QuickSwap Token Burn Update - November 2024
🔥 5.3M Tokens Up in Smoke
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 Token Burn Update
QuickSwap continues its token burn program with significant progress: - Latest burn: 39,980,028 $QUICK tokens (4% of total supply) - Previous milestone: 37,712,129 tokens (5% of circulating supply) The systematic burning of tokens demonstrates QuickSwap's commitment to reducing supply. This deflationary mechanism aims to enhance token value through controlled scarcity. *Note: Burn statistics are verified from multiple reports between May-June 2025*
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 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.
HBO Documentary Sparks Fresh Satoshi Nakamoto Speculation
An upcoming HBO documentary is set to explore the enigmatic origins of Bitcoin, reigniting discussions about the true identity of its creator, Satoshi Nakamoto. Key points: - The documentary delves into Bitcoin's early history - It has sparked renewed interest in Satoshi Nakamoto's identity - Speculation is brewing within the crypto community The film's release is anticipated to generate significant buzz in the blockchain world. While the documentary's claims remain unverified, it highlights the enduring mystery surrounding Bitcoin's creation. Stay tuned for more details as the story develops.