QuickSwap has burned 20 million QUICK tokens, about 2% of its total supply, following a community governance vote with overwhelming support. This burn is part of the protocol's ongoing 'Trial of Fire' program, which uses all revenue for token buybacks and burns, shrinking supply from both revenue and treasury sources. The vote, held on Snapshot, saw roughly 5.8 million votes in favor and only 26 against, reflecting strong community backing. For investors, this reduces token supply and could boost value if QuickSwap maintains or grows its trading volume and fee revenue.

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Orbs launches Perpetual Hub Ultra 2.0 for easy, branded perpetual futures exchanges with deep liquidity.

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Protocol Fundamentals

Bullish

2 days ago