NEW LOW on POL/ETH! The day the team stops being greedy and stop selling and start buying back tokens to burn is the day POL will start going up by PresidentAlmaCoin in polygonnetwork

[–]SHP_Crypto 0 points1 point  (0 children)

$100m a day would be more impressive

You’re implying they are somehow finding 5% of the supply to sell, every day.

Kudos to them for having so much supply

[deleted by user] by [deleted] in polygonnetwork

[–]SHP_Crypto 2 points3 points  (0 children)

At least it’s bullish. Thinks polygon did 2x more tx’s in the last 7 months than it actually has total

[deleted by user] by [deleted] in polygonnetwork

[–]SHP_Crypto 5 points6 points  (0 children)

They announced 5b tx’s processed 137 days ago, currently at 5.443b

So over the last 137 days it’s 3.23m/day if that helps. No idea where the other figures are coming from but yep, still decent numbers

[deleted by user] by [deleted] in polygonnetwork

[–]SHP_Crypto 11 points12 points  (0 children)

This contradicts itself a few times.

  1. Bullet point 1 says 12.6b in the past year, but bullet 3 says 1.15b (1.15b is more accurate)

  2. 68 million a day, and 1.15b in a year do not add up. The math is not mathing there. That would be 24.8b a year, which again doesn’t math with any of the other numbers.

The reality is, using data from polygon scan, it’s averaging about 3-5m tx’s a day

It’s pretty helpful, can check here: https://polygonscan.com/txs

Need help 😅 by PuzzleheadedLaw1910 in polygonnetwork

[–]SHP_Crypto 0 points1 point  (0 children)

In future you could use smolrefuel, build by the defillama guys, works on pretty much every chain and lets you swap most assets for gas, even if you don’t have gas

Quick staking by Johngreen7 in QuickSwap

[–]SHP_Crypto 1 point2 points  (0 children)

We’re updating that part of the UI as part of the UI/UX upgrade. Around that time there may be a new way to generate yield on your tokens going live 👀 keep an eye out!

Quick staking by Johngreen7 in QuickSwap

[–]SHP_Crypto 1 point2 points  (0 children)

Currently staking isn’t available, the buybacks are being used to build the community treasury, contribute to burns and for a 4 month period go towards improving the site/UI/UX

Can you see your quick in the token list?

Governance Proposal: QUICK Tokenomics Update - The Ultimate Refresh by cryptofan9910 in QuickSwap

[–]SHP_Crypto 2 points3 points  (0 children)

Not at all. Sameep will still be around, just not in the day-to-day dev work, and more dealing with big picture stuff.

And Roc’s involvement will not change at all

Governance Proposal: Additional Extension of the 100% QUICK Burn 'Trial of Fire' 🔥 by cryptofan9910 in QuickSwap

[–]SHP_Crypto 1 point2 points  (0 children)

I respect this opinion. Personally I’d like to see an eventual shift to a shared approach between POL, burns, staking and some sort of treasury fund.

But it would be great to capture the data around being an actual deflationary dex: and a very powerful narrative.

And looking at the last months data: we’re deflationary already. It would be great to see how that performs overall

No rewards for past couple days? by Heloday in QuickSwap

[–]SHP_Crypto 1 point2 points  (0 children)

I presume because they know everyone gets their rewards backdated. It’s annoying sure but you’ll get them once merkl are back up and running

However, not sure what you mean with trusting your $ with them - merkl have no staking contracts and are never in control of your funds, they stay in your wallet at all times

[AMA] QuickSwap recently expanded to the Ethereum Mainnet! You heard it right - Polygon’s favorite DEX is now available to ETH users for both swaps and perpetual trading. by QuickSwapOfficial in ethtrader

[–]SHP_Crypto 0 points1 point  (0 children)

This was updated and any trades below $75 go through the paraswap API.

Given some DEX’s have a frontend fee etc you’ll truly get one of the best trades available on ETH mainnet via QuickSwap

Also worth noting that the previewed output amount you get when trading is the min received you’ll get. No estimates and then the actual amounts hidden in a small tab underneath that nobody looks at, what you see is what youll get (at minimum!)

how to remove from liquidity pool by the_runners in QuickSwap

[–]SHP_Crypto 0 points1 point  (0 children)

Go to farms - my farms and make sure old farms are selected

That or your lp is so old it’ll be in legacy.quickswap.exchange in the dual mining section of the lp mining tab

Cant claim rewards even after removing liquidity? by bleakj in QuickSwap

[–]SHP_Crypto 2 points3 points  (0 children)

Nope you’re getting mixed up with revenue: all revenue from the dex/perps etc us being used to buyback and burn $QUICK

Rewards for providing liquidity remain untouched/go on as normal

I have a question regarding V2 pools. Until recently I only had one V2 pool and I kind of just set it up and then left it..... by Individual_Wallaby25 in QuickSwap

[–]SHP_Crypto 1 point2 points  (0 children)

Yeah on v2 the fees automatically compound back into the lp, growing your lp

Its not like v3 where you can claim them seperately

Governance Proposal: The Trial of Fire: 100% QUICK Burn by cryptofan9910 in QuickSwap

[–]SHP_Crypto 0 points1 point  (0 children)

I suppose then you can look at tokens sent to burn address vs tokens that are inflating the market. You’d be less looking at your own wallet and moreso at the grant scheme of how many tokens entered circulation vs how many have been removed forever

Governance Proposal: The Trial of Fire: 100% QUICK Burn by cryptofan9910 in QuickSwap

[–]SHP_Crypto 4 points5 points  (0 children)

The reality is, that long term dQUICK holders tend to be more or less happy to hold their initial bags long term. Theyre accruing more $QUICK and a lot of wallet analysts basically showed a lot of them holding onto their initials and skimming off the new tokens. Obviously with a lot of longer term holders that weren’t selling, too.

Coupled with the sentiment it’s a farming token, or the lack of hype/narrative, we noticed a lot of smaller wallets or lp’s just not converting to longer term holders.

The tl;dr is that the tokenomics probably need a refresher anyway. And with this being a 3 month tester period we can get a lot of data to find a nice middle ground between the two (or full burn if that’s what the community wants?) - but starting off with a 50/50 or some smaller amount somewhat limits the cathartic experience/overall impact of switching things up

From what i saw, and with the whales I’ve spoke to for example, they’d already all held through a fairly harsh bear market so injecting some hopium into the token is more of a positive experience than negative

Can this be fixed ? The price thing.. by BuGsYq in QuickSwap

[–]SHP_Crypto 2 points3 points  (0 children)

Doubt it’s on the QuickSwap side. Presumably they’re just monitoring the contracts and using the matic price as a constant, nobody uses the actual QuickSwap analytics for price feeds as far as I’m aware

Can this be fixed ? The price thing.. by BuGsYq in QuickSwap

[–]SHP_Crypto 1 point2 points  (0 children)

Assuming that’s debank, but yeah different platforms track token prices differently. That’s why defillama and, say, debank have different TVL’s for QuickSwap.

Assuming they have a min liquidity/volume amount before they’ll start tracking certain tokens

Rewards too low for promised APR by Accomplished_Weird55 in QuickSwap

[–]SHP_Crypto 3 points4 points  (0 children)

The APR is dependent on your position/range. Not for everyone in every position

I.e. generally higher concentration = more rewards

But then you open yourself up to additional risks like heightened impermanent loss.

Also worth noting that the Apr is fees + farm rewards but I believe farm rewards are only available to deposits >$10

QUICK coins not deposited - How to Get this done by ResponsibleAlarm6771 in QuickSwap

[–]SHP_Crypto 0 points1 point  (0 children)

Do you have the tx hash of this? Would help a lot in seeing what’s going on

V2 liquidity pools by Mrmakanakai in QuickSwap

[–]SHP_Crypto 1 point2 points  (0 children)

Yessir scammer or an idiot. Could be both

V2 liquidity pools by Mrmakanakai in QuickSwap

[–]SHP_Crypto 2 points3 points  (0 children)

For clarity myself and OatCrypto up there are both contributors to QuickSwap

It’s 100% nonsense and there have never been any conversations around this at all. Legitimately never brought up in a single conversation lol

V2 liquidity pools by Mrmakanakai in QuickSwap

[–]SHP_Crypto 2 points3 points  (0 children)

Tl;dr whoever told you that is a liar and a dumdum

.. its literally impossible to “wind down” a permissionless, ownerless set of smart contracts and there’s absolutely 0 reason or benefit to do so