QuickSwap Governance Proposal: Should We Introduce an Isolated Lending & Borrowing Market?

After a few days of discussion in our Reddit forum and across social platforms, QuickSwap is introducing a governance vote to ask if we should introduce an Isolated Lending and Borrowing Market natively on QuickSwap.

TL; DR:

• Earlier this week, we opened a discussion forum asking our community if QuickSwap should introduce an Isolated Lending and Borrowing Market.
• An isolated lending and borrowing market will generate increased community economic activity, increase yield opportunities, and create an additional revenue stream for QUICK stakers and the QuickSwap Foundation.
• The QuickSwap community has expressed overwhelming support for the proposal, with many users asking “wen vote?”
• We are now moving to the next phase: a governance vote.
• The snapshot for the vote will take place on Sunday, June 26th.
• The vote will begin immediately after the snapshot and will run until Thursday, June 30th.
• If the vote passes, our developers will integrate the code for the lending and borrowing market to our beta UI and launch it within the next couple of weeks.
• We have a simultaneous governance discussion and vote going on about moving forward with a V3 ‘Concentrated Liquidity’ model. QUICK holders can participate in both governance votes.
• Details about the proposal, voting eligibility, and how to participate in QuickSwap’s upcoming governance vote follow.

Read the full article on our official blog here: https://blog.quickswap.exchange/posts/isolated-lending-borrowing-market

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