QuickSwap Governance Discussion: Let’s Talk About $QUICK

QuickSwap Official
2 min readMar 1, 2022

TL; DR:

  • Many hodlers of QuickSwap’s native governance and utility token have suggested that $QUICK is undervalued compared to other similar tokens
  • We would like to start a discussion about the possibility of doing a token split to multiply QUICK’s total supply (currently, QUICK’s max supply is 1 million)
  • While we still believe that scarcity is important, a year and a half into the project, we now realize that unit bias is critical and increasing the supply does not reduce its scarcity
  • We value your input, which is why we’re introducing this discussion before launching a governance vote
  • We would like to move quickly to discuss and (we hope) pass this proposal so that we can move forward with the next phases of our planned tokenomics changes, which will be discussed in further proposals
  • Please read through this entire post carefully before forming an opinion
  • Once you’ve read through the post carefully, visit our Reddit discussion forum to ask any questions and/or discuss with the community: https://www.reddit.com/r/QuickSwap/comments/t4bck5/governance_proposal_temperature_check_token_split/

Read the full article on our official blog here: https://blog.quickswap.exchange/posts/lets-talk-about-quick

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QuickSwap Official

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