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Abstinence from DeFi is ‘no longer an option,’ states founder of Polygon-based QuickSwap

The founding member of the biggest DEX on Polygon shared his thoughts on sustainability of Layer-2 solutions, as he addressed the controversial EIP-1559 upgrade.

Abstinence from DeFi is ‘no longer an option,’ states founder of Polygon-based QuickSwap

Sameep Singhania is a blockchain and software engineer, who has worked on several projects, including Bonded Finance and ParaSwap, but hit the DeFi nail on the head when he and his team, frustrated by the growing Ethereum (ETH) fees, built QuickSwap (QUICK), a popular Layer-2 decentralized exchange (DEX).

QuickSwap is an Ethereum-based DEX powered by the Polygon (MATIC) network, a Layer-2 scaling solution that gained traction due to friendly transaction fees, which enabled Singhaniaโ€™s DEX to facilitate token swaps at a lower cost.

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