QuickSwap Accumulates 1.7M QUICK Tokens Worth $13,714 Over Past Week
QuickSwap accumulated 1.7 million QUICK tokens over the past seven days, valued at approximately $13,714.
**Token Distribution Breakdown:**
- Farms & Staking Reserve: 980,000 QUICK
- Protocol Owned Liquidity: 180,000 QUICK
- Burn: 540,000 QUICK
This weekly accumulation is part of QuickSwap's ongoing buyback program, which uses protocol revenue to strengthen the ecosystem. The Treasury currently holds 25% of total QUICK supply (~232M tokens) and has grown to $4.08M in total assets.
The buyback mechanism supports the protocol's flywheel model: trading fees generate revenue, which funds QUICK buybacks and Treasury growth, creating long-term sustainability.