Quickswap

QuickSwap, a decentralized exchange on Polygon PoS, has announced a new feature allowing users to swap any token for $1 or more of native USDC. This initiative is part of a DeFi campaign in collaboration with Polygon and Galxe. Users are encouraged to participate and become 'questoors'.

Nasdex, Ethernity Cloud, and Planetix have introduced new QuickSwap Bonds on the Polygon Proof-of-Stake network. These bonds allow users to purchase the respective cryptocurrencies NSDX, ECLD, and IXT at a discounted rate. The adoption of bonds is gaining traction, and users are encouraged to participate while the opportunity remains.

QuickSwap, a decentralized exchange on the Polygon network, has announced a buyback and token burn worth approximately $17,600. The buyback, valued at around $8,800, was conducted through the Dragon's Lair program, while an equal amount was burned from the platform's revenue. This move demonstrates QuickSwap's commitment to token economics and community engagement.

QuickSwap, a leading decentralized exchange on Polygon, has released its April 2024 statistics and updates. The platform continues to see strong activity across various Polygon chains, including the flagship Polygon PoS, Manta Network Pacific, Immutable zkEVM, and Astar Network zkEVM. QuickSwap has also launched its DragonFi 2.0 initiative, deploying Citadels on multiple new Polygon CDK chains to enable seamless interoperability and unified liquidity in the EVM world. The initiative aims to propel Polygon's game-changing zero-knowledge technology forward and position QuickSwap as a pioneer in the ecosystem.

QuickSwap, a decentralized exchange on Polygon, has officially whitelisted seven new projects: StakeStone (STONE), Guild of Guardians (GOG), b0rder1ess (B01), ORIGIN (LGNS), Sheertopia (AMBO), GEODNET (GEOD), and Nova DAO (NOVA). These projects span various sectors, including liquidity infrastructure, gaming, NFTs, algorithmic stablecoins, space weather mining, and DeFi development. Users can now access and trade these tokens directly on QuickSwap across Polygon PoS, Immutable zkEVM, and Manta Pacific networks.

QuickSwap, a decentralized exchange on Polygon, has reported significant activity in the Yoki Origins arena on the Astar Network's zkEVM. Over 60,000 Hydra Dragon NFTs have been minted, with more than 15,000 participants to date. Users are eagerly anticipating potential airdrops. QuickSwap has welcomed several guests, including Champions.IO, Wizardry BC, Takigames.io, Battle Bears, Blockchain BAF, and others, to join the ongoing event through their YoPort platform.

A51 Finance and AfricarareNFT have introduced new bond offerings on the QuickSwap decentralized exchange, built on the Polygon Proof-of-Stake network. The A51 Reserve Bond allows users to purchase the bond using WMATIC tokens, while the UBU Liquidity Bond can be acquired through a zap function. Both bonds offer a 5% discount with a 30-day vesting period.

The Immutable zkEVM, a layer 2 scaling solution for Ethereum, has recorded over $18 million in total trading volume during the month of April. QuickSwap, a decentralized exchange built on the Polygon network, has been a major contributor to this trading activity, facilitating lightning-fast trades with near-zero gas fees.

The thread discusses impermanent loss (IL), a key concept in decentralized finance (DeFi) where liquidity providers can experience a loss in value over time despite generating fees. IL often occurs when one asset in a liquidity pool pair, such as a stablecoin and a volatile asset, appreciates or depreciates significantly relative to the other. To mitigate IL, QuickSwap's V3 DEX offers active liquidity management (ALM) options in collaboration with protocols like GammaStrategies, SteerProtocol, IchiFoundation, and DefiEdge. With ALM, liquidity providers can select a narrow price range for providing liquidity, avoiding losses from volatile price movements while offering greater market depth.

Astar Network has announced the launch of staking for its ASTR tokens on the QuickSwap decentralized exchange. Users can now stake their ASTR holdings and earn an annual percentage rate of over 14%. The staking program aims to support the development of new decentralized finance products built on Astar's zkEVM while providing rewards to stakers. QuickSwap is a leading decentralized exchange built on the Polygon network, offering lightning-fast trades with near-zero gas fees.