QuickSwap lets users avoid Ethereum transaction fees with Polygon

Sameep Singhania created QuickSwap, a decentralized exchange which acts as the central market square of the Polygon layer-two Ethereum scaling solution.

Bridge, Bridging

1/17/2022 8:15:00 PM

How can mass adoption be supported through networks with high gas fees? sameepsi, creator of the Polygon decentralized exchange Quickswap DEX , might have the answer: L2s. (via CointelegraphZN)

Sameep Singhania created QuickSwap, a decentralized exchange which acts as the central market square of the Polygon layer-two Ethereum scaling solution.

After working on perhaps dozens of projects on Polygon from 2019 onward, Singhania “realized that to grow the Polygon ecosystem, we need a DEX.”This was because while “99% of blockchain projects have a token,” listings on popular exchanges are not easy to arrange, and many users are not willing to create an account at an obscure exchange just to trade a particular token that is not listed elsewhere. A DEX can function as the central market square of a blockchain network, giving its users access to everything they need without having to venture to another chain.

Read more: Cointelegraph »

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