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About Quickswap [New] (QUICK)
What is Quickswap [New]?
QuickSwap is a decentralized and community-driven DEX that operates on Polygon PoS, Polygon zkEVM, and Dogechain. The platform is known for its cost-efficient and high-performance DeFi products, and it has played a pioneering role in bringing new users and capital to the broader Polygon ecosystem. QuickSwap is also building a comprehensive suite of DeFi products called the DragonFi ecosystem.
What makes Quickswap Unique?
QuickSwap is a platform that allows users to engage in various DeFi activities such as swapping, LPing, staking, and farming to earn rewards. However, QuickSwap offers more than just these features. It also includes QuickPerps, a decentralized Perpetual Exchange, Gamma V3 integration for active liquidity management, dTWAP/limit orders, and an on-site Gaming Hub created by VersaGames.
What is the QUICK Token?
QuickSwap has its own native utility token called QUICK, which serves as a governance token for the QuickSwap community. With QUICK, users can vote on proposals issued by the team. Additionally, QUICK can be staked in the Dragon's Lair to earn extra rewards directly on the QuickSwap DEX. Users can also farm QUICK by staking their LP tokens on the platform.
What is QuickPerps?
QuickPerps is a decentralized Perpetual Exchange that operates on Polygon zkEVM. It allows users to open long or short positions with up to 50x leverage on popular blue chip assets such as BTC, ETH, MATIC, USDT, USDC, and DAI. QuickPerps offers several unique features that enhance user experience, including cross-usable assets, zero price impact on opening and closing positions, auto-compounding rewards, a referral program, and high-value reward schemes for staking QLP, an index token that users earn by providing liquidity.
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