Welcome Bonus: Sign Up & Get Up to $150 in BTC

Get Started

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

Cover art/illustration via CryptoSlate

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.

To read the rest of this article, sign in or join CryptoSlate Edge.

Get an Edge on the Crypto Asset Market

Even though the crypto market is fast-moving and often confusing, CryptoSlate Edge can help make sense of it for you. Edge is a yearly membership intended to help you become a more knowledgeable crypto investor and better decision-maker.

Here's what's included in your membership:
Exclusive Articles and Analysis

Get an analytical edge by accessing members-only articles with insights from our researchers.

Private Discord Community

As an Edge member, you will access new articles first and be able to ask our journalists questions in our private Discord.

Access to All Innovative Projects and Curated Sectors

Follow new projects and crypto sectors with our manually curated data for over 50 industry verticals.

Enhanced Data In News Articles

See the TradingView price charts and IntoTheBlock sentiment and on-chain data in market analysis articles.

Exclusive Video Interviews with Crypto Founders

Get access to the exclusive recordings of our interviews with founders we use for our articles.

Ad-Free Experience

We hide all advertisements for CryptoSlate Edge members.

Pay with Crypto ($228)
BTC · ETH · USDC · DOGE · LTC · DAI · BCH