After a few days of discussion in our Reddit forum and across social platforms, QuickSwap is introducing a governance vote to ask if we should introduce an Isolated Lending and Borrowing Market natively on QuickSwap.
TL; DR:
- Earlier this week, we opened a discussion forum asking our community if QuickSwap should introduce an Isolated Lending and Borrowing Market.
- An isolated lending and borrowing market will generate increased community economic activity, increase yield opportunities, and create an additional revenue stream for QUICK stakers and the QuickSwap Foundation.
- The QuickSwap community has expressed overwhelming support for the proposal, with many users asking “wen vote?”
- We are now moving to the next phase: a governance vote.
- The snapshot for the vote has now taken place.
- The vote will run from now until Thursday, June 30th.
- If the vote passes, our developers will integrate the code for the lending and borrowing market to our beta UI and launch it within the next couple of weeks.
- Please read this blog for more information: https://quickswap-layer2.medium.com/quickswap-governance-proposal-should-we-introduce-an-isolated-lending-borrowing-market-f361729d97b
