Cryptocurrency Q&A
What is QuickSwap token?
What is QuickSwap token?
Lorenzo
Thu Nov 21 2024
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7 answers
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QuickSwap token, or QUICK, is the native token of the QuickSwap platform, a decentralized exchange (DEX) on the Polygon network. It is used for various functions within the platform, including liquidity provision, staking, and governance. With a recent token swap and re-denomination plan, QuickSwap aims to enhance its tokenomics and user experience.
7 answers
Carolina
Sat Nov 23 2024
It operates on the Polygon network.
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SsangyongSpirited
Sat Nov 23 2024
Polygon was previously known as the MATIC Network.
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Michele
Sat Nov 23 2024
Polygon serves as a Layer-2 scaling solution for Ethereum.
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SolitudeSeeker
Sat Nov 23 2024
QuickSwap is a variant derived from Uniswap.
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Martino
Sat Nov 23 2024
This network boasts reduced transaction fees compared to Ethereum's mainnet.
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