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.
QuickPerps: Hydra on Polygon zkEVM Deprecation Notice
QuickPerps: Hydra on Polygon zkEVM is approaching its final shutdown scheduled for Tuesday, August 19. Key actions required: - Withdraw all liquidity from Hydra perps DEX - Close any open positions - Remove funds from $QLP pool The platform will cease operations completely after the shutdown date. A final notice will be issued before the permanent closure. **Important**: Take immediate action to secure your assets before the deadline.
Ethereum Takes Center Stage with Institutional Adoption and ETF Growth
Ethereum's market presence is strengthening with two significant developments: - Major institutions have begun establishing ETH treasury positions - ETH ETF products are seeing substantial capital inflows These shifts mark a notable change in institutional perception of Ethereum as a treasury asset. Join The Aggregated spaces tomorrow (Episode 124) at 3:00 PM UTC for detailed analysis. [Join the discussion](https://x.com/i/spaces/1ypKdZqVNBgJW)
QuickSwap Announces Launch on Base Chain
QuickSwap, the decentralized exchange protocol, has confirmed its upcoming deployment on Base chain. The launch is scheduled for August 12, 2025. - Official announcement made on August 6, 2025 - Countdown communications indicate full technical readiness - Launch represents significant expansion for QuickSwap's cross-chain presence *Base chain integration will provide users with additional trading options and liquidity pools.* **Users should prepare wallets and assets for the upcoming launch.**
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.