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Hello fellow Dragon Riders!
We are introducing Dragons Syrup Pools to QuickSwap! Please read on for more info!
TL;DR:
- Soon QUICK stakers will be able to earn more passive income using their staked QUICK (dQUICK)
- Dragon’s Syrup will enable dQUICK holders to choose between several participating tokens (listed below) to earn additional yield
- Stake your dQUICK to earn a share of the $3.5 million in our launch partner’s tokens!
- These added rewards will be in addition to the APY QUICK stakers are already generating in the Dragon’s Lair
- Dragon’s Syrup pools are just getting started! This officially kicks off our Dragon’s Syrup Launch Party where we’ll be releasing millions more in pools over the coming month.
If you aren’t already familiar with single-asset staking on QuickSwap, dQUICK, and the Dragon’s Lair, read this article first!
Everyone knows that dragons love treasure. That’s why QuickSwap — Polygon’s biggest and most active DEX — is bringing even more rewards for QUICK stakers! Keep reading to learn about how QuickSwap is helping dragons grow their hoards.
Dragon’s Syrup: A Sweet, New Way to Generate Extra Yield on QuickSwap
Dragon’s Syrup enables QUICK stakers to generate yield over and above what they’re already earning from staking in the Dragon’s Lair by distributing tokens to those who stake their dQUICK in the sweet, sweet Dragons’ Syrup rewards pools.
Here’s how it works:
- Provide liquidity in the ‘Pools’ tab — This earns you trading fees in the tokens you provided.
- Deposit LP tokens from step 1 using the ‘Farms -> LP Mining’ tab to earn QUICK.
- Stake your QUICK in Dragon’s Lair on same ‘Farms -> LP Mining’ tab to get dQUICK — This gets you a share of ALL trading fees that QuickSwap generates.
- NEW: Dragon’s Syrup Pools — Stake your dQUICK to earn tokens from projects that are traded on QuickSwap under ‘Farms -> Dragon’s Syrup’ tab. You can learn more about how to do this in our tutorial here.
DYOR; DYOR!
Note that QuickSwap does not perform extensive due diligence on the tokens we’re distributing for free. That’s because we’re a DEX, not a gatekeeping entity. Furthermore, since these tokens are being accumulated at no risk to stakers’ QUICK, which is still compounding in the Dragon’s Lair, there is no reason for us to limit who can and cannot distribute tokens. All users are responsible for doing their own research and coming to their own conclusions.
So you’re just giving us tokens? What do you get in return?
Tokens that chose to participate in QuickSwap’s Dragon’s Syrup program will get extra QUICK rewards in QuickSwap’s liquidity mining program. As QuickSwap has an active and growing community, the projects that provide tokens for the Dragon’s Syrup pools will get the added benefit of exposure to one of the most engaged communities on Polygon.
Additionally, Dragon’s Syrup providers will also be whitelisted on QuickSwap’s default token list, which will give them increased exposure and promotion.
On QuickSwap’s end, we’re getting a great deal too! Adding Dragon’s Syrup pools gives QUICK and dQUICK even more utility. Currently, QUICK’s utilities include: governance, liquidity mining, and staking. With our new Dragon’s Syrup pools, dQUICK holders can also use their staked QUICK to earn even more rewards without increasing their risk! Providing a source of extra passive income for our DEX’s valued users sure sounds like a win for QuickSwap.
Learn How Here
Participating in QuickSwap’s Dragon’s Syrup pools is easy, but those who want a handheld guide can read our tutorial here.
What Pools Can We Choose From?
In our first round of Dragon’s Syrup pools, QuickSwap will be distributing over $1 million in rewards, from 10 projects. Learn a little bit about each here, and then don’t forget to DYOR!
About ADDY
3,570 tokens over 60 days (approximately $100k USD)
Adamant is Polygon’s first and largest yield optimizer with over $160M TVL and 150 vaults. Adamant provides users with an easy and safe way to automatically compound their tokens and maximize their yields. Users can also stake and lock their ADDY tokens to earn WMATIC as a part of their fee sharing program.
Learn more: https://adamant.finance/
About FEAR
69,420 tokens over 60 days (approximately $100k USD)
Fear is a blockchain ecosystem for adrenaline-inducing, fun, and scary horror games powered by in-game play to earn rewards and NFTs. Fear through its technology reinvigorates popular existing games through our LaunchPad by integrating its play 2 earn model allowing fans to progressively earn through our in-game economy.
NFTs play a major role in the ecosystem by controlling gamers content and flow allowing exclusive portals and entries into unique aspects of gameplay. This portal mechanism will come to fruition in the near term through the launch of a first of its kind NFT market place.
Learn more: https://www.fearnft.games/
About ADS
129,000 tokens over 60 days (approximately $200k USD)
Adshares is the first 100% decentralized marketplace for programmatic advertising, also being one of the most advanced blockchain-based projects in the advertising market.
Adshares aims to capture a significant share of a €1 trillion market by 2025.
Adshares Network is based on its own and unique blockchain (Enterprise Service Chain — ESC Blockchain) to connect Publishers and advertisers, allowing them to make direct deals.
Combined with some unique features, Adshares offers a very interesting set of advantages over mainstream and crypto ad networks such as Google Ads, Coinzilla, CoinTraffic, PropellerAds, Adsterra, or Mellow Ads.
Adshares goal is to handle worldwide advertising payments using $ADS cryptocurrency.
Learn more about Adshares: https://adshares.net/
About DinoX
288,000 tokens over 60 days (approximately $200k USD)
DinoX is a combat and strategy game in a sandbox environment. A beloved gameplay genre blended with a fan-favorite theme of dinosaurs. Players build dinosaur kingdoms, rally resources to expand, build combative skills to occupy others, and due to the benefits of the metaverse, retain true ownership of the game.
“If there’s something that will stay alive for millions of years, it will be Dinosaurs”
Learn more: https://dinox.io/
About START
7,000 tokens over 60 days (approximately $50k USD)
Starter.xyz is a leading IDO launchpad, incubator, and investor network for Polygon. With over $20M USD raised for 30 projects building exclusively on digital ledger technologies, Starter helps connect inventors with investors to recreate a new future.
Learn more: https://starter.xyz/#/home
About IoTeX
1,000,000 tokens over 60 days (approximately $100k USD)
Founded in 2017, IoTeX (iotex.io) is an EVM-compatible blockchain to empower the Internet of Trusted Things. The IoTeX platform combines innovations in blockchain, decentralized identity, real world data oracles, and secure hardware to bring verifiable data from the physical world to blockchain Dapps for the first time. By connecting the physical and digital worlds, IoTeX is creating an entirely new category of use cases where users can earn digital assets based on their real world data and actions.
Learn more: https://iotex.io/
About Relay
30,000 tokens over 60 days (approximately $100k USD)
RelayChain enables fast and secure cross-chain token transfers between the world’s leading blockchains. The platform offers Bridging as a Service (BaaS) to partner dApps wishing to expand their footprint beyond a single chain. RelayChain currently supports bridges between any combination of Ethereum, Polygon, Binance Smart Chain, Avalanche and Huobi ECO Chain. Multiple other networks will be added in the near future. A unique feature of RelayChain is that liquidity providers will be rewarded in the native gas tokens of the chain where they provide the liquidity.
Learn more: https://www.relaychain.com/
About REVV
1,009,000 tokens over 60 days (approximately $200k USD)
REVV is the utility token of the REVV Motorsport metaverse, and used across the blockchain games F1® Delta Time, MotoGP™ Ignition, Formula E: High Voltage, and REVV Racing. All of these titles leverage NFTs, in a cross-chain ecosystem, which utilises REVV as the primary purchase token, and access point for these Play-to-Earn gameplay experiences.
Learn more: https://revvmotorsport.com/
About YAMP
840,000 tokens over 90 days (approximately $50k USD)
yamp.finance is an automated crypto lending platform for users of Polygon and BSC.
It provides first-of-its-kind benefits to both lenders and borrowers.
It’s the first and only platform designed to use LP tokens as collateral for automated lending across 4 different blockchains. This virtually eliminates the risk of impermanent loss to liquidity providers.
For borrowers, Yamp is the only DeFi protocol that can allow 10x or higher leverage across 4 blockchains on borrowed positions with much lower liquidation risk.
Learn more: https://yamp.finance/
About LoserChick (CHICK and EGG)
200,000 CHICK over 60 days (approximately $100k USD)
LoserChick is a web 3 gaming project produced by Emoji DAO. It integrates Claw Crane Machine, DeFi, and NFT farming, where players can not only play games freely, but also continuously enjoy various financial services to earn while playing.
Learn more: https://loserchick.fi/#/home
Stay Tuned Dragon Riders!
We’ll be announcing more syrup pool launches over the next 30 days! We have over $3.5 million in rewards already so far. You can apply your project for the next Dragon’s Syrup pool here.
Source: Introducing Dragon’s Syrup: The Sweetest Thing on QuickSwap | by QuickSwap | Aug, 2021 | Medium
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