Should QuickSwap Build a Liquidity Rebalancing/Arbitrage Tool for the DEX?

The crypto industry is in a state of crisis. With FTX and numerous centralized services going belly up, QuickSwap is prouder than ever to be a decentralized platform that never takes custody of users’ funds. The phrase “Not your keys, not your coins” has never been more poignant. While a broader industry shakeout doesn’t affect QuickSwap directly, public perception about cryptocurrency does. QuickSwap needs to increase revenue for stakers and for our foundation.

That is why we would like to build a specialized liquidity balancing/arbitrage tool for rebalancing the DEX’s liquidity. The snapshot for the vote took place December, 5th, 2022. The discussion will continue alongside the vote. The vote will conclude on December, 8th, 2022.

TL; DR:

• QuickSwap wants to increase revenue for the QuickSwap Foundation and QUICK stakers
• We would like to build a liquidity rebalancing/arbitrage tool
• If the community votes in favor of this proposal, we will share the revenue generated from the tool with QUICK stakers
• The governance vote will begin run from December 5th - December 8th
• Please read this document before forming an opinion: https://quickswap-layer2.medium.com/quickswap-expedited-governance-discussion-vote-should-we-build-a-liquidity-rebalancing-arb-tool-35064c2fe2d2
• Once you’ve read the full blog, visit our Reddit Discussion Forum to ask any questions and chat with the team and community: https://www.reddit.com/r/QuickSwap/comments/z312xl/quickswap_expedited_governance_discussion_vote/