QuickSwap: Your Gateway to Fast and Efficient…
QuickSwap is a next-gen DEX and DeFi ecosystem. Trade at lightning-fast speeds with near-zero gas fees. Access perps with up to 50x leverage.
QuickSwap is a prominent decentralized exchange (DEX) built on the Polygon network. It's renowned for its fast transaction speeds and significantly lower gas fees compared to Ethereum-based DEXs.
How QuickSwap Works:
Automated Market Maker (AMM): QuickSwap utilizes an AMM model to facilitate token trading. This means that liquidity pools are created for different token pairs, and users can swap tokens directly with these pools.
Liquidity Provision: Users can provide liquidity to these pools by depositing equal amounts of two tokens. In return, they receive liquidity provider (LP) tokens representing their share in the pool, which can be used for trading or farming.
Governance Token: QuickSwap has its native token, QUICK, which grants holders voting rights on protocol upgrades and other important decisions.
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