QuickSwap is very pleased to make its formal announcement of having integrated with Gamma for QuickSwap V3 conventional active liquidity management. It is through this very integration that all connected users are able to deposit their deposits directly into automated gaming schedules powered by Gamma. This is made possible not only on the QuickSwap interface, but also on the Gamma interface.
After all these relevant activities, QuickSwap will make the necessary transfers of dQUICK as well as WMATIC premiums to the Gamma farms. Initially there will be 1 million dQUICK rewards along with 1,890 WMATIC rewards that will be moved to the pools of WETH-USDC and receive 60,000 dQUICK and 200 WMATIC. WMATIC-WETH receives 30,000 dQUICK.
In the case of WMATIC-USDC, it is 30,000 dQUICK and 70 WMATIC. For WBTC-USDC it is 5,000 dQUICK, and WMATIC-QUICK receives 10,000 dQUICK. Under QuickSwap’s plans, it will pass V3 rewards directly to Gamma so their LPs can have a far better experience.
The QuickSwap V3 interface as well as the Gamma interface have active liquidity management. Among the many advantages of Gamma’s active liquidity management is the automated rebalancing of liquidity so that it remains in focus. Added to this is the factor of automatically compounding generated swap fees to maximize capital effectiveness. In the case of rewards, they are available on both wide and tight pairs based on an LP’s risk appetite.
It has been closely observed that this very partnership was instrumental in taking Gamma’s TVL to a whole other level when it comes to ETH. This is indeed an indication of all the great effort and dedication that went into the product. However, the path of continuing to offer the very best in terms of active liquidity management and formulating effective market-making strategies on decentralized exchanges only continues.
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