
Doing panda things @quickswapdex. QuickSwap Head of Ecosystem.
Scotland, United Kingdom
Joined November 2021
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- Following1.3K
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Panda π¦ retweeted
If someone in your group chat replaces βgmβ with βgβ[coin name]β just know they are down 90% on that coin.
Panda π¦ retweeted
Introducing referrals on QuickPerps (Perpetual Hub 2.0).
This isn't your typical referral system.
It's the first ever on-chain A-B-C referral program. The first of its kind, designed to provide maximum incentive to users.
Onchain, completely decentralised, and designed so rewards are distributed automatically through smart contracts. Powered by @orbs_network.
qperps.exchange/rewards
Here's how it works:
Every trade generates fees.
When a trader joins through a referral link:
β
The trader receives a rebate on fees
β
Referrers earn rewards
β
Everything is settled transparently onchain
Try it out for yourself, and refer your friends to join the dragon army.
Panda π¦ retweeted
Why are more CEXs shutting down?
Because projects are finally realizing they do not need to pay ridiculous listing fees.
They do not need washed KOLs promoting every coin that launches.
They do not need market makers mainly working for their own bags.
And they do not need obligations to hit fake volume targets that only benefit the exchange through trading fees.
Instead, projects can launch on a DEX, provide their own liquidity and use the fees generated to keep building the product.
Real buys actually move the market because you are trading against the liquidity pool, not against an exchange-controlled order book.
We will see more exchanges disappear unless they change their cancerous habits.
And remember:
Not your keys, not your crypto.
First we had BitMex now we have BitMart, this is going to happen in many more exchanges.
The bear market and the disappearance of the casino (memecoins) that was the previous cycle
Now also add theregulation and lack of retail interest, especially in altcoins.
Futures volume is dry
The structure of CEXs in terms of staff and layers is also big and unsustainable
Hundreds of workers that often do nothing or are unnecessary,
And if you add to that the rise of DEXs and legislation, you've got the death blow.
As for the DEXs, more of the same, they're quieter, but out of the thousands that exist, most will shut down.
We are seeing purge times
This seems to be good and necessary
But at the same time, it's dangerous because of concentration and possible oligopolies in the industry.
Panda π¦ retweeted
What if LP capital kept earning... even between swaps?
Trading fees when liquidity is active. ERC-4626 yield when it isnβt.
Something new is coming to Steer Protocol π
Let's be real here.
Look at the quality of the below AI Video.
Secret Seedance model? Veo 4.0? Nope.
It's a model that only costs $0.02 per second of video.
7 times cheaper than Grok Imagine, 15 times cheaper than Seedance 2.0.
If this was exclusive to Higgsfield or Venice, you'd be seeing paid posters screaming "THIS CHANGES EVERYTHING!!" around the clock.
This model is actually 4 months old - it's LTX2.3 (@ltx_io) running on our custom harness at imgnAI.
It's one of our favorite models, and thanks to being open source we can provide it at absolutely dirt cheap costs.
We set up our harness to allow you to upload any audio/video (or pull directly from a youtube url!), and feed it in with any image to create stunning scenes like the below.
Most consumers and creators miss out on the best (and cheapest!) AI models because their feeds are flooded with ads for only the most popular models, and often with enormous markup costs.
We forego the paid poster & timeline blitz route for marketing, and instead focus that energy (and cost!) on building the best tools possible, at the lowest costs possible for our users.
If you care about Quality and Cost in your AI pipelines - be it AI Artwork or full cinematic video flows - try imgnAI today.
Take a look at what gets built by creators, instead of marketers.
Panda π¦ retweeted
Guess the token.
Itβs insane how the crypto KOLs preach about revenue and then donβt buy the tokens with revenue.
The token is base:0x7094c27f342dbadfbbed005b219431595e33b305
As a note on the Venice raise, and why we haven't sought a Series A or otherwise:
If we sell equity in a company, there is no point in having a token.
VCs who purchase equity are glad to receive (and dump) tokens, but their actual "protected investment" is in the EQUITY.
If you make equity available to purchase as a separate or standalone thing away from your token, you are declaring your token to be useless - and all who purchased it to be exit liquidity for VCs.
VCs who dump their tokens on you have zero interest in any token buy-backs; they could even challenge them in court as there is no fiduciary responsibility when it comes to a token.
We'd have a very easy and comfortable life if we just went and accepted a Series A for equity, but have turned down this route in favor of building something which can reward token holders when we hit profitability.
It's forced us to build much leaner, and much smarter solutions just to survive - but we'd rather survive to let our holders eventually thrive, rather than throw them under the bus for a VC payslip.
Panda π¦ retweeted
Best opportunities are in tokens that:
- Have no perps/pre-launch markets
- No (major) CEXs listings
- Only spot
- Price discovery happens on DEXs
The moment perps are live for mid-caps is when things get tricky.
Panda π¦ retweeted
1/ Introducing the QuickSwap Treasury.
A growing DeFi treasury built to strengthen QuickSwapβs long-term sustainability and support the $QUICK token flywheel.
Current Treasury holdings amount to $3.79M
β’ QUICK: $1.86M
β’ Other Assets: $1.93M
dapp.quickswap.exchange/dashβ¦
Panda π¦ retweeted
QuickSwap has been buying $QUICK via protocol revenue since March 2021.
The dragon DEX has always been ahead of the game. And we're not stopping.
The βbuyback narrativeβ is all over CT right now.
More DeFi protocols are generating real revenue and returning it to token holders.
Here are the past week's revenue and returns to holders:
- $HYPE: $11.9M, 100% to holders
- $AERO: $938K, 100% to holders
- $JUP: $1.1M, $543K to holders
- $LIT: $575K, $550K to holders
- $LDO: $473K, $458K to holders
There is a structural shift happening.
Teams are moving away from inflation-heavy tokenomics and toward buybacks and fee sharing.
If this trend sticks, it will change how this entire asset class is valued.
Higher.
Panda π¦ retweeted
QuickSwap is now live on @baseapp π¦
Search for QuickSwap in the Base App now to experience an ultra smooth DeFi experience on Base.




















