QuickSwap Governance Discussion: Should QuickSwap Broaden the Scope of Funds Reserved for DAO Liquidity Mining Rewards?
Since its 2020 launch, QuickSwap has been issuing liquidity mining rewards to incentivize LPs to contribute liquidity to the QuickSwap DEX. As of today, the funds reserved for liquidity mining rewards make up 96% of the $QUICK token supply. Employing these funds to attract LPs and capital has been a major success, and has been instrumental in driving growth in both QuickSwap’s V2 TVL and Gamma V3 pools and farms.
In the years since its launch, both QuickSwap and the broader DeFi sector have matured substantially. Today, standard LP rewards programs no longer represent cutting-edge strategies to out-maneuver the space’s leading DeFi platforms. Fortunately, QuickSwap has several important initiatives lined up for launch in 2023, among them QuickPerps and a slick mobile app.
Read the full article on our official blog here: https://blog.quickswap.exchange/posts/broaden-scope-funds-reserved
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