RAHUL KUMAR CHOURASIA
1 min readOct 11, 2020

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Quickswap DEX is now live on the Matic mainnet!

QuickSwap is a permission-less decentralized exchange (DEX) based on Ethereum, powered by Matic Network’s Layer 2 scalability infrastructure. 1% of the total supply of $QUICK to be distributed to MATIC stakers!

QuickSwap is created and backed by some of the industry’s most prominent thought leaders in the fields of Ethereum token & contract standards and Layer 2 scaling. ‘This is no anonymous foodcoin fork’, as they say.

96.75% of QuickSwap’s QUICK governance tokens are being distributed to the community! 95% of this is available only via liquidity mining (90% via certain pools, and 5% specifically via UNI token pools). Liquidity mining is already live on QuickSwap.

In addition as Matic Network provided a grant for QuickSwap, the team has allocated 1% of the total supply of QUICK to be distributed to MATIC stakers! If you’re not already staking your MATIC, now’s the time to start! The more MATIC you stake, the more QUICK you receive.

Uniswap is undoubtedly the backbone of the Ethereum DeFi industry. QuickSwap aims to replicate this by bringing permission-less decentralized trading to Layer 2. We’re thrilled to usher in a new era of L2 DeFi with QuickSwap!

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RAHUL KUMAR CHOURASIA

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