You Voted for Freedom & We’re Giving it to You! Changes to QuickSwap’s Rewards Structure

TL; DR:

• 95.64% of QUICK and dQUICK holders recently voted to increase stakers’ freedom by separating the Dragon’s Lair from Syrup Pools
• This change to our rewards structure will impact QUICK and dQUICK stakers in a variety of ways:
• Separating the Dragon’s Lair from Syrup Pools will give stakers the freedom to either earn more QUICK via the Dragon’s Lair or earn rewards tokens via Dragon’s Syrup, or some combinations thereof, just not using the same QUICK token simultaneously
• This will increase the APYs of both the Dragon’s Lair and Syrup Pools since they will no longer be split amongst users
• This change to our rewards structure will impact all Syrup Pools that begin after the vote was finalized on January 14th, 2022 at 10pm UTC
• Stakers in existing Syrup Pools will continue to accrue syrup rewards while they also earn QUICK in the Dragon’s Lair until those pools expire. The last Syrup Pool with the dual rewards structure will end on April 6th, 2022
• Liquidity providers for incentivized pools will continue to be rewarded in $dQUICK, which is automatically staked in the Dragon’s Lair and begins accruing interest immediately
• Liquidity providers who prefer to earn rewards in the various tokens available in Dragon’s Syrup pools that begin after today (January 14th) will first need to unstake their dQUICK from the Dragon’s Lair and then stake their QUICK in the Syrup Pool(s) of their choosing
• QuickSwap will implement this enhanced freedom nearly immediately. New Syrup Pools with a single rewards structure will begin early next week

Read the full article on our official blog here: https://blog.quickswap.exchange/posts/quickswaps-rewards-structure

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