Should QuickSwap Launch a Liquidity Hub on Ethereum?

At the beginning of September 2023, QuickSwap initiated a governance vote where the dragon community voted in favor of the DEX launching a Liquidity Hub on Polygon PoS.

There was a clear demand from the community for this Liquidity Hub, as it enabled even more seamless and efficient trades as part of QuickSwap’s movement to become a more sophisticated protocol with Orbs Network’s latest technology. Liquidity Hub is an advanced decentralised and public blockchain infrastructure designed to enhance the capabilities of EVM and non-EVM compatible smart contracts, allowing users to swap with zero gas fees and less price impact, thereby improving the trading experience across the board.

To date, QuickSwap Liquidity Hub on Polygon PoS has done $150,000,000+ in total volume. And these numbers continue to climb as adoption grows rapidly.

While the trading experience via QuickSwap on Polygon PoS has been drastically elevated due to the integration of this project, the DEX is looking to expand even further with this technology to establish a fiery presence across new network territory and continue dominating… all eyes on Ethereum.

Deploying a Liquidity Hub on Ethereum (as an aggregator) would further drive QuickSwap’s mission to launch several new ecosystem products on the Ethereum L1 mainnet. Ethereum is the largest DeFi ecosystem in the blockchain sector, boasting $46+ billion in TVL (Total Value Locked) and $1.7+ billion in daily volume, as of today.

Moreover, using Liquidity Hub as an aggregator could help build a strong use case for QuickSwap on Ethereum. Users would be able to facilitate swaps and trades across their favorite crypto tokens, directly on the dragon DEX with zero gas trades (at times) and better prices - with no frontend fee.

This proposal has been introduced for the dragon community to decide if QuickSwap should launch a Liquidity Hub that will serve as an aggregator on the Ethereum 1 mainnet, powered by Orbs Network.

TL;DR:

-QuickSwap would like to launch a Liquidity Hub on Ethereum, further pushing the narrative of expanding to Ethereum -QuickSwap Liquidity Hub would optimize the swapping/trading experience on the QuickSwap DEX, enabling better execution prices, near-zero latency, lowering gas fees (to zero), and much more for trades that route through it QuickSwap and Orbs Network are asking the QuickSwap DragonFi community if QuickSwap Liquidity Hub should be developed & launched and, if so, to review and align on the proposed fee structure -This vote will run until Sunday, September 8 at 1:30 PM UTC -Once you’ve read this entire blog post, make sure to visit the official QuickSwap Reddit discussion forum to share your perspective with your fellow community members