Quickswap

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.

QuickSwap, a decentralized exchange on Polygon, has announced the resumption of minting for its Hydra Dragon non-fungible tokens (NFTs) on the Astar Network's Yoki Origins campaign. The initial batch of NFTs sold out quickly due to high demand. Users can now continue minting the NFTs on Astar's zkEVM via the YoPort machine and progress further in their Yoki journey. QuickSwap has provided a blog link for more information.

QuickSwap, a decentralized exchange on the Polygon network, has integrated Squid Router's cross-chain widget, allowing users to facilitate cross-chain token swaps directly on the DEX across more than 70 different blockchain networks. This integration eliminates the need for high-latency bridging, excessive bridge fees, and hassle when moving tokens across chains. The cross-chain functionality is powered by Axelar Network and provides a secure, efficient, and user-friendly solution for cross-chain trading on QuickSwap's platform.