Quickswap

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.

QuickSwap, a decentralized exchange on the Polygon network, has announced the distribution of prizes for its Bonds campaign. The project extended gratitude to various ecosystem partners and provided a list of winner addresses on the Polygon PoS chain, encouraging participants to check their wallets.

Gull Network has announced a limited-time staking program for the dQUICK token on the Polygon PoS network. Participants can stake their dQUICK holdings to earn an estimated 16% annual percentage yield (APY) in GULL rewards. This initiative aims to provide additional utility and incentives for the QuickSwap community, which is a next-generation decentralized exchange (DEX) focused on offering lightning-fast trades with near-zero gas fees on the Polygon network.

QuickSwap, a decentralized exchange on Polygon, has initiated a governance vote for $QUICK token holders. The vote concerns a proposal to provide a grant to BuildrMetrics for developing advanced Concentrated Liquidity Provider (CLP) tools for the top three QuickSwap networks. The voting period is open until Wednesday, April 10th, at 7:00 AM UTC. Token holders can cast their votes on the Snapshot page.