Update: QuickSwap Gamma pool deposits paused on Polygon PoS and zkEVM
Update: QuickSwap Gamma pool deposits paused on Polygon PoS and zkEVM
QuickSwap has temporarily paused all Gamma pool deposits on Polygon PoS and zkEVM as a safety precaution. Trading on the DEX is unaffected and the underlying pools and V2/V3 AMM models are safe. QuickSwap will provide further updates to the community.
Please be aware of this ongoing situation At the moment no Gamma contracts that utilize QuickSwap pools seem to have been affected and so far this has only affected some stable pairs on Camelot and Ramses on Arbitrum that we know of. While we are still actively investigating,
We're monitoring and reacting to a possible security incident. Please be patient while we take security precautions to assess the issue. If you needwith draw our front end is still up at app.gamma.xyz
Update: all QuickSwap Gamma pool deposits have been paused for now on Polygon PoS and zkEVM. Manual deposits are working as normal and the underlying pools and V2/V3 AMM models are unaffected. Trading on the DEX is safe and QuickSwap will continue to provide the community with
Gamma is currently working with our partners and security professionals who have come to assist us. Our first priority is to prevent any losses to our users and partners. We'll be posting updates as we have them.
QuickSwap Token Burn Update
QuickSwap continues its systematic 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 protocol maintains its deflationary mechanism through consistent buyback and burn operations. This systematic reduction in supply represents an ongoing commitment to the token's economic model. *Note: Figures reported as of June 4, 2025*
InfoFi and Social Mindshare Discussion on The Aggregated
The Aggregated is hosting a Twitter Space to discuss InfoFi, a new paradigm that enables creators to influence online attention distribution and monetization. Key points: - Features collaboration between Kaito and Cookie3 - Focuses on social mindshare monetization - Discussion scheduled for May 30, 3:00 PM UTC Join [Episode 115](https://x.com/i/spaces/1vAxRDVlQnNGl) to learn how this could reshape online content creation and value attribution.
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 Token Burn Update - November 2024
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 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.