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QuickSwapQuickSwapby0x42B541eF006Bad1fCc67Aeb95A693675F13475E70x42B5…75E7

Should 100% of QuickSwap's Bonds Revenue Go To the Dragon's Lair or Be Burned?

Voting ended almost 2 years agoSucceeded

QuickSwap went live with Bonds on Polygon in October 2023, an innovative product allowing LPs to receive vested project tokens at a discount while allowing those same projects to receive protocol-owned liquidity.

Since launch, there have been 3,370+ Bond sales that continue to grow. Current projects offering Bonds on QuickSwap include Borderless Money, Forest Knight, Gensokishi Online, BlockWallet, Planet IX, Bullieverse, 3A DAO, WeFi, and FireBot DAO.

As the product continues to innovate and more projects are added and continue offering Bonds, revenue will generate for the DEX. This revenue is split between QuickSwap and ApeBond - the question is, moving forward, where should QuickSwap’s portion of the revenue be distributed to?

This proposal has been introduced for the dragon community to decide if 100% of the revenue generated from QuickSwap Bonds should go to the Dragon’s Lair for QUICK stakers or be burned.

TL;DR: • QuickSwap Bonds have seen strong growth since launch, hitting 3,370+ in total sales with over 15 projects already participating • With projects continuing to offer Bonds and new ones potentially on the way, adoption and demand continue to rise • QuickSwap generates revenue in fees from the Bonds (ApeBond also receives a cut) • Through this proposal, the dragon community will decide if 100% of QuickSwap’s Bonds revenue will go to the Dragon’s Lair for QUICK stakers or be burned • This Snapshot vote will run until Tuesday, February 20 at 1:00 PM UTC • Make sure to read the blog and contribute to the discussion on the Reddit forum before voting

Off-Chain Vote

Dragon's Lair
9.15M QUICK43.1%
Burn
12.05M QUICK56.8%
Needs more discussion
16.16K QUICK0.1%
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Discussion

QuickSwapShould 100% of QuickSwap's Bonds Revenue Go To the Dragon's Lair or Be Burned?

Timeline

Feb 16, 2024Proposal created
Feb 16, 2024Proposal vote started
Feb 20, 2024Proposal vote ended
Feb 20, 2024Proposal updated