QuickSwap Monthly Newsletter: February 2022

Just two months into the new year and QuickSwap is off to a great start. January saw the announcement of our three-way partnership with Polygon and CelsiusX. In February, that partnership came into full bloom. We also launched our much anticipated new User Interface, added several new liquidity pools, and gave away millions in Dragon’s Syrup, the Dragon’s Lair, and liquidity mining rewards.

Check out the highlights below to catch up on anything you might have missed.

Major Highlights 🔥

  • CelsiusX released a blog with details about what the partnership between CelsiusX, QuickSwap, and Polygon means. A few days later, Alex Mashinsky, Sandeep Nailwal, Carl Hua, Roc Zacharias, and Sameep Singhania participated in an epic Twitter Spaces where they revealed even more about the liquidity CelsiusX will bring to Polygon and the rewards that liquidity providers and stakers will have the opportunity to earn. Catch the recap here.
  • We released the alpha of our much anticipated new User Interface with a full and detailed guide on exactly how to use it and video tutorials to help walk people through, but not before we announced a $50,000 bug bounty to help ensure its security
  • Our partnership with CelsiusX got off to an epic start with the launch of 3 new incentivized liquidity pools: cxADA — cxETH, cxDOGE — cxETH, and cxETH — ETH

QuickSwap Monthly Stats 📊

  • TVL: $815.12 million
  • Syrup Rewards Distributed: $1.247 million
  • Trading Volume: $523.45 million
  • Total Transactions: 929 thousand
  • Total Users: 198.34 thousand

New Liquidity Mining & Syrup Pools with APY/APR

New Liquidity Mining Pools (APY as of 3/1/22)

New Syrup Pools (APR as of 3/1/22)

  • KEYFI — 58.694% APR
  • NACHO (NSHARE) — 70.984% APR
  • SAFLE — 58.926% APR
  • BOOK — 66.044% APR
  • BICO — 49.276% APR
  • BIOS — 60.966% APR
  • GM — 59.435% APR
  • SOFI — 60.091% APR
  • TOWER — 63.366% APR
  • MV — 57.342% APR
  • WSG — 68.489% APR
  • 4INT — 59.82% APR
  • COT — 61.107% APR
  • MASQ — 64.044% APR

New Blogs

Media Coverage

Partnership & Integrations

February was an outstanding month for QuickSwap on all fronts. As we prepare to spring forward, even more is about to be in bloom on QuickSwap! For one thing, our new UI will soon move from alpha to beta when the audit of our front end code is complete. Additionally, earlier this week, QuickSwap released a governance discussion forum about the possibility of doing a QUICK token split. Once you’ve read through the post, join the discussion on Reddit to let us know what you think.

That’s it for the February Dragon Dispatch. Let us know if you have any questions about our recent developments, and remember to follow us on social media to stay up-to-date on all things QuickSwap — Polygon’s most-established DEX.

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