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 treasury strategy, which uses protocol revenue to buy back QUICK tokens from the market. The buyback program supports the protocol's sustainability model and reduces circulating supply through burns.
The treasury currently holds approximately 25% of total QUICK supply and has grown to $4.08M in total assets.