QuickSwap Expands DeFi Reach With Manta Pacific Chain Launch

In a resounding show of support, QuickSwap, the leading decentralized finance (DeFi) suite on Polygon, has achieved another milestone by securing the approval of 97% of $QUICK token holders through a DAO vote. The community’s decisive “Yes” vote paves the way for the launch of the QuickSwap DeFi suite on Manta Pacific, marking the project’s fourth deployment within the Polygon ecosystem. QuickSwap has already established a thriving presence on Polygon PoS, Dogechain, and Polygon zkEVM.

QuickSwap’s Integration with Manta Pacific

The move to integrate with Manta Pacific, a new chain on Polygon zkEVM designed by Manta Network for privacy-focused applications, holds promising prospects for both QuickSwap and Manta users. Manta users will gain one-click access to QuickSwap’s deep liquidity, cutting-edge DeFi tools, and opportunities for participation in decentralized autonomous organizations (DAOs).

Simultaneously, QuickSwap stands to benefit from exposure to Manta Pacific’s vibrant community, especially attracting users from Asian countries and other communities within the Manta sphere. Additionally, early adopters of QuickSwap on Manta Pacific are in line for substantial rewards.

This collaboration signifies a strategic win for the entire Polygon ecosystem. Manta Network’s utilization of the Polygon Chain Development Kit (CDK) underscores the seamless transition to Polygon zkEVM, boasting transaction speeds, low costs, and high performance that compete favourably within the web3 space. The partnership not only enriches the Polygon ecosystem with a valuable addition in Manta but also highlights the versatility and ease of implementation offered by Polygon’s CDK technology.

Charting a Vision for 2024

Looking ahead, QuickSwap remains unwavering in its commitment to growth despite market pressures. With ambitions to expand its reach, forge new alliances with diverse chains, enhance its top-ranked Crypto Podcast, “All Roads Lead to Polygon” emphasise decentralization, and work towards mainstream adoption, QuickSwap positions itself as the DeFi platform to watch in 2024.

QuickSwap’s Response to 2023 Challenges

Despite the challenges faced by the web3 market in 2023, QuickSwap has showcased resilience and dedication to pushing boundaries in both business development and technical innovation. The recent deployment on Manta Pacific, coupled with a new partnership with Kinetix on Kava, solidifies QuickSwap’s reputation as a cutting-edge DeFi ecosystem capable of expansion in any market conditions. 

About QuickSwap

QuickSwap, a fork of Uniswap, operates seamlessly on the Polygon network, formerly known as the Matic Network—a Layer-2 scaling solution designed for Ethereum. Leveraging Polygon’s infrastructure, QuickSwap benefits from significantly reduced transaction fees compared to the Ethereum mainnet. This advantage allows QuickSwap to offer token swaps at a notably lower cost when compared to exchanges like Uniswap v2. The integration with Polygon enhances the efficiency of QuickSwap’s operations, providing users with a cost-effective alternative for their token exchange needs.

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