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QuickSwapQuickSwapby0x0b22380B7c423470979AC3eD7d3c07696773dEa1nick.mudge.eth

Turn on Quickswap protocol fee for QUICK staking and Quickswap operation and growth

Voting ended almost 5 years agoSucceeded

Currently Quickswap liquidity providers earn 0.30 percent on token swaps. Quickswap has a 0.05 percent protocol fee that can be turned on. With the protocol fee turned on liquidity providers earn 0.25 percent on swaps.

Quickswap needs a sustainable income stream to pay for on going development and marketing, growth and other possible expenses.

This proposal proposes these things:

  1. Turn on the Quickswap protocol fee of 0.05 percent.
  2. 0.01 percent goes to Quickswap to pay for its operation, development and expansion.
  3. 0.04 percent goes to QUICK holders who stake QUICK in a new QUICK staking contract.

This vote is done using QUICK on Polygon. This vote goes for 4 days.

Off-Chain Vote

Yes
45.94K 96.2%
No
1.83K 3.8%
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Timeline

Mar 13, 2021Proposal created
Mar 13, 2021Proposal vote started
Mar 17, 2021Proposal vote ended
Oct 26, 2023Proposal updated