Quickswap Exchange

QuickSwap is a permissionless decentralized exchange (DEX) based on Ethereum, powered by Matic Networks Layer 2 scalability infrastructure. By utilizing Layer 2 for transactions,

QuickSwap FAQ

Welcome to QuickSwap.exchange!

QuickSwap is a fork of the originator of Automated Market Makers in the now rapidly expanding DeFi sector of the Cryptocurrency industry, Uniswap. Both, of course, are magical. Only, rather than settling for the magic of unicorns, we’ve opted for the magic of dragons. It’s a much faster kind of magic, currently only available in a land far far away, known by the locals as Layer 2. Although it’s very very far far away, to get there requires only a few clicks on a mouse, via the magical MATIC portal, aided by a fanciful Fox with a Mask. Many travelers have questions upon first arriving. Here we provide instruction for newcomers, free of charge, to guide you on your way.

QUICK Pools and Rewards

  • How are the QUICK pools chosen?

  • What does the countdown timer on the QUICK page mean? What should I do when the timer runs out?

  • If the pools are changed and one of the pools is going to remain the same, do I have to withdraw my LP tokens?

  • How can I determine which pool has the best Annual Percentage Yield (APY)?

  • How can I determine which pool has the best Annual Percentage Yield (APY)?

  • How is the amount of LP tokens I get from a pool determined?

  • When will QUICK rewards be distributed to MATIC stakers?

  • How can I acquire MATIC for transactions on QuickSwap?

  • How can I find out how much traffic is occurring in each pool?

Adoption and Future Plans

  • How many people are using QuickSwap?

  • Is there another QuickSwap website?

  • Is QUICK going to be listed on any CEXs in the future? Or will it only be available through staking?


  • Does QuickSwap offer lending and borrowing?

  • Does QuickSwap have flash loans?

  • How many assets per pool are allowed?

  • Must pools be configured in a 50/50 allocation?


  • If you wish, you can read up on QuickSwap’s Tokenomics here.

  • What is the QUICK token allocation?

  • What is the Total Supply of QUICK?

  • What is the current circulating supply?

  • What is the QuickSwap inflation rate?

  • How will governance work once the initial 60 days are over?


What risks are involved with using QuickSwap?

The risks of using QuickSwap are nearly identical on any Automated Market Maker (AMM) platforms: impermanent loss, a potential smart contract bug and rug pulls are three of the most common risks associated with this sector of DeFi.

As QuickSwap is a fork of UniSwap, without a single line of code being changed, just with a slight cosmetic makeover (UI), powered by the Matic Network for much faster and cheaper transactions, and Uniswap’s been professionally audited and hasn’t been hacked to date, the risks seem reasonable regarding the smart contract itself.

Impermanent loss can occur when price fluctuations occur in an asset pool you’re providing liquidity to. However, profits gained from fees and yield farming can sometimes counter this, allowing LPs to still acquire a net positive, depending on timing, market conditions and other variables.

Rug pulls happen when a coin gets hyped up and a whale suddenly pulls out of a pool after the price has been pumped, often artificially or through hype manipulation. Be vigilant against such games and certainly don’t initiate them.

Take caution to thoroughly do your own research before yield farming, consider any risks involved and your own risk tolerance, and be prepared to accept a loss in some situations. You might consider yield farming with a relatively low percentage of your crypto portfolio reserved for higher risk investments.

Some platforms in the DeFi space are considered degenerate gambling by some, labeling their patrons as “degens”. But, with the help of a good community that understands the potential of QuickSwap, good ideas and active implementation, there’s a possibility to build it out into a long-term project that meets a real need in the space.

Getting Started

How large of an investment do I need upfront to get started Yield Farming?

Yield farming on Ethereum with $100–1,000 in crypto will almost certainly result in a net loss, due to the high Gas fees, especially at peak periods of activity. This problem is avoided on the Matic Network as each transaction costs a fraction of a cent. You can get started with any amount. It may be better to start small unless you’re an experienced liquidity provider.

How do I move tokens between the Ethereum and the Matic Network?


First of all, if you are transferring MATIC use the Plasma bridge. If you are transferring ERC20s or ETH use the PoS bridge.

Step 1: Set up a custom RPC for MATIC in MetaMask, as explained here.

Step 2: Connect MetaMask to the MATIC Web Wallet, found here.

Step 3: Be sure MetaMask is set to the Matic Mainnet. Click on >Matic

Wallet>Deposit and deposit any token running on the Ethereum Network to the Matic Network.

Step 4: You’re now ready to begin exploring Layer 2 and using QuickSwap.

NOTE: Before transferring any ERC20 to Layer 2 you should confirm the token you’re sending has been mapped to the Matic Network.

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