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)
- BICO — ETH — dual mining rewards — 116.38% APY
- SOFI — USDT — 439.25% APY
- NACHO — ETH — 875.55% APY
- BIOS — MATIC — 381.37% APY
- GM — MATIC — 17.46% APY
- TOWER — MATIC — 294.34% APY
- KIRO — MATIC — dual mining rewards — 655.53% APY
- WSG — ETH — 1,536.7% APY
- WRLD — MATIC — 1,135.91% APY
- VOLT — MATIC — 626.63% APY
- 4INT — MATIC — 314.37% APY
- MV — USDT — 122.21% APY
- COT — USDC — 765.48% APY
- METIS — MATIC — 334.1% APY
- cxADA — cxETH — dual mining rewards — 26.64% APY
- cxDOGE — cxETH — dual mining rewards — 59.51% APY
- cxETH — ETH — dual mining rewards — 13.66% APY
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
- Is the Chinese New Year Influencing the Cryptocurrency Market?
- The SoonSwap Meme is Over! Timeline to Launch QuickSwap’s New UI
- QuickSwap Monthly Newsletter: January 2022
- QuickSwap’s New UI Alpha $50,000 Bug Bounty
- QuickSwap’s New UI & How to Use It
- How to Send & Receive Assets Using the CelsiusX Bridge to Polygon (from CelsiusX)
- How to Swap CelsiusX Tokens Using QuickSwap on Polygon (from CelsiusX)
- How to Provide Liquidity for the CelsiusX Incentivized Pairs using QuickSwap (from CelsiusX)
- The Perfect Threesome: QuickSwap, Polygon, & CelsiusX
Media Coverage
- Why Many Crypto Maximalists in NFTs Miss Out on Future Opportunities, by Ronald Amaya (LDA’s CSO) in Nasdaq — February 8th
- QuickSwap Soars 7% After Partnering with CelsiusX, More Gains Ahead?, by Reynaldo Marquez in NewsBTC — February 4th
- Three Reasons Why QuickSwap (QUICK) Price Spiked by 50%, FXStreet — February 4th
- Here is the Reason why QuickSwap (QUICK) has been Rallying for the Last Two Days, CoinJournal — February 4th
- Polygon MATIC Price Prediction 2022, 2025 & 2030: $7 by EOY?, by Abdullah Sarwar in Investing Cube — February 11th
- This Popular Japanese Game is about to Auction its First NFT, by Ana Grabundzija in CryptoSlate — February 10th
- QuickSwap and CelsiusX Partner to Bridge the Gap Between CeFi and DeFi, by Rohan Mathawan in TechStory — February 17th
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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By QuickSwap Official on March 4, 2022.
Exported from Medium on May 2, 2023.