How Should QuickSwap Distribute QuickPerps Revenue?
Dragons, it looks like the community is excited about our latest governance proposal, with a current unanimous "Yes" so far for QuickSwap to proceed with QuickPerps, Market Making, transitioning New $QUICK, and more.
You can find the current Snapshot vote here: https://snapshot.org/#/quickvote.eth/proposal/0xcf9879757fb99e60cef265624a78ad5a435a58c17bd42b13259180b05047e9ef
If the first vote passes on Friday, May 5, the QuickSwap community would move forward with several key initiatives that may greatly benefit our community, DEX, and DragonFi ecosystem.
Among these initiatives includes QuickPerps, the Decentralized Perpetual Exchange. A successful vote means the community would be able to launch the QuickPerps product - for this subsequent vote, we ask the community for their preference on revenue distribution.
How should we distribute QuickPerps revenue?
A) Buyback and burn $QUICK tokens B) Buy $QUICK and distribute to stakers through the Dragon’s Lair C) 50% token burn, 50% Dragon’s Lair
Off-Chain Vote
Buyback & burn $QUICK tokens
8.39M QUICK28.8%
Buy & distribute to Dragons Lair
5.47M QUICK18.8%
50% token burn, 50% Dragons Lair
15.23M QUICK52.4%
Timeline
May 02, 2023Proposal created
May 02, 2023Proposal vote started
May 05, 2023Proposal vote ended
Oct 26, 2023Proposal updated