1) In my recent thread I've pointed out why I'm bullish on @QuickswapDEX. I'd like to dive in some more because I don't want people to miss out on all the advantages.ππ―
A thread....
A thread....
https://twitter.com/davey_0602/status/1460559174857904132
2) Uniswap's fees are too high for smaller investors. In my opinion, the most significant advantage of QuickSwap is the transaction speed and low fees, which makes it accessible and attractive for smaller investors as well. Quickswap has grown in popularity due to these things.
3) Users can trade any pair with Quickswap by bridging ERC-20 tokens from Ethereum to Polygon, as long as there is a liquidity pool for the token. QuickSwap has the ability to exchange ERC-20 tokens using a bridge, and therefore you don't pay the high ETH fees.
4) Unlike CEX's, QuickSwap doesn't earn from user fees. The ones that profit from transactions are liquidity suppliers. Exchanges done through an LP pool is subject to a 0.3% fee. You will receive fees equal to your proportion of the liquidity.
5) $QUICK is the governance ERC-20 token of QuickSwap. 90% of the token supply will be awarded as rewards in liquidity mining, effectively converting liquidity providers into platform stakeholders. A remarkable fact, holders of $QUICK can make ideas for new features...
6) Or improvements to the platform and earned themselves a seat on the table by voting on these matters. I believe in the future of QuickSwap as the protocol signifies the next phase in the evolution of decentralized trading. It is designed to enable the next wave...
7) Of users to join #DeFi. In my opinion, It's just a matter of time before Quickswap overtakes other platforms like Uniswap. The overload on the Ethereum chain has cost very high transaction fees and keeps on skyrocketing.
8) As #DeFi grows stronger, Quickswap will grow along. The amount of liquidity locked in the protocol is over $100 million. Its users and listings are increasing fast, yet this is still the beginning for this DEX. DYR so you don't have to waste any more money on fees.π
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh
γ
