Enter Pillar 4 of DragonFi 2.0: QuickSwap’s Key Innovative Products & Drivers ⚙️
Get a sneak peek of the key engines fueling the main operations behind the scenes on the DEX.
https://t.co/yj4e6lv4Jb
Powering the hundreds of products and integrations within the DragonFi ecosystem on @0xPolygon.
Dragons changing the game with the most innovative and cutting-edge tech.
So what are they and how do they work?
• Liquidity Hub: Provides users with better swap prices, zero gas fees, and MEV protection
• CLOB DEX: Trading interface that will use an orderbook model to optimise the experience for traders
• QuickPerps: Decentralised Perpetual Exchanges offering perps trading with up to 50x leverage
These products are fundamental in optimising the UI/UX on the DEX and act as the driving force of creating a truly all-encompassing ecosystem.
Truly unstoppable.
And there's another twist to go along with this.
QuickSwap is looking to expand its presence to new Layer 2 ecosystems to continue to be a leading DEX across the industry. Continuing to ignite on-chain adoption and cement its position as a dominating force.
Leverage trade on Polygon PoS via QuickPerps: Falkor in a new campaign, powered by @Galxe 🦾
10,000 $USDC prize pool up for grabs in this 2 week event!
https://t.co/bt90SKhQYL
Rules and entry requirements:
1️⃣ Go to the Galxe campaign page above
2️⃣ Connect your wallet and switch your network to Polygon PoS
3️⃣ Complete 1 leverage trade of $500 or more (in accumulative volume) with any token through the Falkor perp DEX
50 winners will be randomly selected via a raffle to win 200 USDC each.
Each "entry ticket" to the raffle is valued at $500, so the more you trade, the higher your chances are to be selected once (or multiple times) by the randomiser.
LP ranges for V3 active liquidity management on QuickSwap... what's that all about? 🤔
Time to learn the benefits of LPing in specified ranges in this edition of fire-breathing facts!
For a lot of users, V3 active liquidity management is daunting and intimidating. But for those who know a couple tricks, there are immense benefits to be reaped.
Here’s one: LP your entire position BELOW the current trading price. What you have just done is effectively set a limit order on a DEX – congratulations! For you, the set-and-forget trading lifestyle is no longer restricted to the world of centralised trading platforms.
Now, here’s an even cooler play. Divide your position into 4 equal portions, and LP 5%, 10%, 15%, and 20% below an asset’s spot price. Now you’ve set up an automated Dollar-Cost Average (DCA) function on a DEX.
Well not just any DEX – you’ll need a high-performance V3 DEX, like the one QuickSwap’s running.
If you want to set limit orders and prepare to DCA while collecting sweet LP rewards, QuickSwap is the DEX for you.
Don't forget that when you're providing liquidity to supported token pairs, you can choose between different strategies from @GammaStrategies @steerprotocol @ichifoundation @DefiEdge across multiple chains.
These ALM providers keep your liquidity in range, auto-compound rewards, and more to maximise the efficiency of your LP.