QuickSwap Expedited Governance Discussion & Vote: Should We Build A Liquidity Rebalancing/Arb Tool for the DEX
The crypto industry is in a state of crisis. With FTX and numerous centralized services going belly up, QuickSwap is prouder than ever to be a decentralized platform that never takes custody of users’ funds. The phrase “Not your keys, not your coins” has never been more poignant. While a broader industry shakeout doesn’t affect QuickSwap directly, public perception about cryptocurrency does. QuickSwap needs to increase revenue for stakers and for our foundation.
That is why we would like to discuss the possibility of building a specialized liquidity balancing/arbitrage tool for rebalancing the DEX’s liquidity. As this is extremely time sensitive, we need to move quickly and hopefully pass this proposal. Thus, the governance discussion will begin immediately (November 23rd, 2022). The snapshot for the vote took place December, 5th, 2022. The discussion will continue alongside the vote. The vote will conclude on December, 8th, 2022.
Read the full article on our official blog here: https://blog.quickswap.exchange/posts/should-we-build-a-liquidity-rebalancing-arb-tool
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