Quickswap

**Somnia Network** is experiencing significant onchain activity growth on the QuickSwap decentralized exchange. **Key metrics:** - Daily trading volume has **overtaken total value locked (TVL)** - Liquidity continues to rise across the platform - Activity suggests growing user adoption This follows a similar trend seen on Base network, where QuickSwap's daily volume recently approached a 1:1 ratio with TVL. The increased trading activity indicates **healthy market dynamics** and growing interest in Somnia Network's ecosystem through QuickSwap's infrastructure.

**New video content released** covering recent developments in the QuickSwap ecosystem. The decentralized exchange continues to provide **lightning-fast trading** with minimal gas fees on Polygon network. Key features remain: - Near-zero transaction costs - High-speed trade execution - Built on Polygon infrastructure This follows previous video updates from earlier in the year, showing consistent community engagement and platform development. *Stay updated with the latest QuickSwap developments.*

**DeFi incentive structures face critical examination** as projects struggle to find effective user acquisition and retention methods. - Different dApps employ varying bootstrapping strategies - Long-term user retention remains a challenge - Industry experts question current incentive effectiveness The discussion highlights the ongoing debate about **sustainable tokenomics** and reward mechanisms in decentralized finance. Join The Aggregated spaces discussion on [September 12, 3:00 PM UTC](https://x.com/i/spaces/1vAxRQlNDNkJl) to explore which methods actually work for DeFi projects.

**Polygon PoS chain experienced technical issues** this morning with delayed local fast finality, though checkpoint finality on Ethereum remained active. - **Issue resolved**: Network disruption has been fixed - **Ongoing monitoring**: Polygon team continues to watch for stability - **Limited impact**: Ethereum checkpoint finality stayed operational throughout The brief disruption affected transaction processing speeds on Polygon's layer-2 network while maintaining security through Ethereum's base layer.

QuickSwap is experiencing significant **liquidity growth** on the Base network, with daily trading volume approaching a 1:1 ratio with Total Value Locked (TVL). This metric indicates strong trading activity relative to the assets deposited in the protocol. When daily volume matches TVL, it suggests: - High capital efficiency - Active user engagement - Healthy trading dynamics The development represents positive momentum for the decentralized exchange as it expands beyond its primary Polygon network presence. *QuickSwap continues building its multi-chain DEX presence with improved liquidity metrics.*

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'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'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.

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.

QuickPerps: Hydra has relaunched its campaign on Manta Pacific, powered by Galxe, due to resolved technical issues. Key points: - Trade perpetuals on Manta Pacific - Complete tasks to mint a dragon OAT - Chance to win from a $5,000 prize pool - Campaign ends Friday, October 18 This V2 perps DEX offers: - Up to 100x leverage - Advanced trading order types - Multiple collateral options (ETH, USDC, MANTA) - Fast execution with guaranteed prices - Deep liquidity **To participate:** Connect to Hydra perps DEX and switch your wallet to Manta Pacific.