Quickswap Documentation
  • πŸ‰What is Quickswap?
  • Overview
    • ♻️Quickswap AMM
    • πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦Ecosystem Participants
    • ✨Key Features
    • πŸ”Swap
    • πŸ’¦Pools
    • πŸ‘¨β€πŸŒΎFarms
    • 🀝Bonds
    • βš–οΈPerps
    • 🐲Dragon's Lair
    • πŸ›οΈGovernance
    • πŸ—ΊοΈRoadmap
    • πŸ“²Social Media
    • πŸ“Contracts & Addresses
  • Tokens
    • πŸͺ™QUICK
    • πŸͺ™DD
  • Networks & Wallets
    • ⛓️Supported Chains
    • πŸ’³Supported Wallets
  • How To Guides
    • πŸ”How To Swap
      • ℹ️dLIMIT Guide
      • ℹ️dTWAP Guide
    • πŸ’§LP (Liquidity Providing)
    • πŸ‘©β€πŸŒΎFarm
    • πŸ₯©Stake
  • πŸ’»Technical Reference
    • πŸ‘©β€πŸ’»API
      • API Overview
      • Entities
      • Queries
    • πŸ“œSmart Contracts
      • 2️⃣V2
        • Factory
        • Pair
        • Pair (ERC-20)
        • Library
        • Router02
        • Router01
        • Common Errors
      • 3️⃣V3
        • Position Manager
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        • Farming Center
        • Limit Farming
        • Pool
        • Audits
    • ⌨️SDK
      • Getting Started
      • Token
      • Pair
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      • Other Exports
    • ❔Guides
      • Interface Integration
        • Using the API
        • Query Parameters
        • Iframe Integration
      • Javascript SDK
        • SDK Quick start
        • Fetching Data
        • Pricing
        • Trading
        • Pair Addresses
      • Smart Contract Integration
        • Smart Contract Quick Start
        • Implement A Swap
        • Providing Liquidity
        • Building An Oracle
        • Flash Swaps
        • V2 Pair Addresses
        • Supporting Meta Transactions
        • V3 Pool Addresses
    • πŸ”ŽSubgraphs
    • ℹ️Glossary
    • πŸ“–Core Concepts
      • Swaps
      • Pools
      • Flash Swaps
      • Oracles
    • βš–οΈAdvanced Topics
      • Fees
      • Pricing
      • Understanding Returns
      • Security
      • Math
      • Research
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  • QUICK Tokenomics
  • Rewards
  1. Tokens

QUICK

PreviousContracts & AddressesNextDD

Last updated 1 year ago

QuickSwap's native token is QUICK, helping power the DragonFi ecosystem. It's use cases are governance (for decentralised community voting) & staking in the Dragon's Lair, which are only available to New QUICK token holders - the existing Old QUICK token does not have any utility but can seamlessly be converted to New QUICK via .

QUICK Tokenomics

  • Total Supply: 1B

  • Current Circulating Supply: 706,098,650 (70.6%)

QUICK is a fair launch, community-governed project. There was no seed round, no private round, no pre-sale, and no public sale (ICO/IDO/IEO) - 96.75% of the total supply was reserved for the QuickSwap community.

Rewards

90% of QUICK tokens either already have been or will be distributed through a liquidity mining rewards program.

To motivate new projects and communities to come out to Layer 2 and try Polygon, QuickSwap provides incentivised trading pools. Those who provide liquidity for an incentivised trading pool are rewarded with QUICK tokens in addition to a percentage of the fees generated from swaps.

QUICK mining rewards will run for another 3.5 years (4 years total). Gradually, the token emissions will slow down with less being distributed as years pass. This encourages early adoption while also incentivising the community’s continued growth over time.

QuickSwap's treasury holds the majority of the funds that will pay out liquidity mining rewards for the next 3.5 years. This wallet is equipped with multisig, and it requires 3 out of 4 signatures from Nick Mudge, Sameep Singhania, Roc Zacharias (LDA), and Sandeep Nailwal (Matic) - this is to increase security and to eliminate the chance of a future rug pull.

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