What is QuickSwap (OLD)?
QuickSwap is a permissionless Ethereum-based decentralized exchange (DEX) powered by Polygon (formerly Matic Network) Layer 2 scalability infrastructure. Polygon acts as a sidechain to the Ethereum blockchain with its own Proof-of-Stake algorithm to process transactions faster than the main chain. QuickSwap users enjoy low fees and faster transaction times while using QuickSwap Automated Market Maker (AMM) DEX to swap between assets. Anyone can create a liquidity pool on QuickSwap for assets mapped to the Polygon network. Liquidy providers earn passive rewards from yield farming QUICK token. Multiple nonfungible token (NFT) projects including OpenSea and Decentraland are also available for trading on QuickSwap DEX.