• QuickSwap will be one year old this month!
• To celebrate, and help bootstrap some additional liquidity onto the DEX, Polygon has provided us with $1 million in $MATIC to offer dual farming rewards for select pairs — similar to the campaign they funded that helped Aave grow massively on Polygon.
• They will match and exceed all funds provided by Polygon in $QUICK rewards over the coming months
• Stay tuned for more information about all of our upcoming birthday celebrations

What will do with the funds

QuickSwap has come a long way in our first year of operation. They started as a small, little known DEX with insignificant liquidity and grew into a behemoth DeFi beast with multiple options for earning passive income in a decentralized manner. Their first year has come with much trial and error, and today they are thrilled to announce that Polygon is officially supporting their efforts with a $1 million dollar grant to boost adoption and liquidity.

They will use this grant to incentivize dual farming for the following crypto pairs:

• MATIC-ETH
• MATIC-USDC
• MATIC-USDT
• MATIC-QUICK

In addition, QuickSwap will provide an excess of the $1 million Polygon contributed in $QUICK to further stimulate QuickSwap and Polygon’s TVL and drive adoption of our DEX and favorite network.

SOURCE: https://quickswap-layer2.medium.com/polygon-just-gave-us-a-1-million-early-birthday-present-63e49843c54d