Two separate DEXs join forces to support DeFi
QuickSwap and ApeSwap Launch Cutting-Edge Bonds Program.
November 29, 2023, SINGAPORE — Polygon decentralized finance (DeFi) platform QuickSwap has collaborated with ApeSwap to introduce an innovative new incentive program to DeFi traders across the web3 space. This new “QuickSwap Bond Program” is the product of the pair’s collaboration. The QuickSwap Bond Program is designed to bolster liquidity on the QuickSwap DEX, present new and innovative incentives to LPs within and beyond the Polygon ecosystem, and provide web3 DeFi users with new and exciting ways to make their capital grow amidst challenging market conditions.
As powerhouse DeFi platforms in their own right, QuickSwap and ApeSwap both bring surging communities and capital to the table. ApeSwap currently boasts more than $20 million in Total Value Locked (TVL), while QuickSwap’s $18 million is on a fast track to eclipse the $20 million mark in a short time. By aligning with ApeSwap, Quickswap is not only poised to continue its reign as the number one DEX on Polygon, but it also leverages an array of innovative liquidity incentives, which in turn elevates its status even further as a premier DeFi platform with an already proven elite business development acumen.
The QuickSwap Bond Program enables users to exchange their LP tokens from the QuickSwap DEX directly for discounted NFTs, and look on comfortably as their rewards begin to vest with interest. Of course, the program is not only open to existing QuickSwap LPs but to new, incoming DeFi users that want to participate as well. As a result, QuickSwap DEX is poised to receive an influx of new users and capital. Participating Polygon projects are always excited to get their tokens circulating amongst new users and prospective community members, and this integration will bring them together en masse.
With a bustling and active community already steering the ship via the QuickSwap DAO, QuickSwap continues to remain ahead of the competition by implementing new and innovative incentives to drive liquidity and continually expand its user and fan base. With a horrendously turbulent 2023 for the web3 market finally coming to a close, QuickSwap and ApeSwap are eager to take the stage for a powerful and robust 2024.
QuickSwap is always looking to invite more guests to the party, and now is the time!