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A Deep Dive into Polygon (MATIC) and QuickSwap - 3 Months Later

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by COINS NEWS 276 Views

Hi everyone! I am most definitely not known around these parts, but if I will be known for something in my life let it be 'That Matic Guy' or 'That QuickSwap Shill'. Because I have accidentally and involuntarily become a shill of these projects over the last few months, and have urged many to buy at different instances. Not just 'buy token its many good bigly moonings rocket emoji', but actual research backing up my claims.

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So let's recap what happened over the last few months, with the prices of these projects respective to the markets. In short, QuickSwap is to Matic what UniSwap is to Ethereum and PancakeSwap to BNB/BSC. Please read the first post at least if you don't really know what Polygon (MATIC) or QuickSwap (QUICK) do as a project:

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First Post about the projects - over 2 months ago

  • MATIC - $0.3212 - $1.6b Market Cap

  • QuickSwap - $244 - $42m Market Cap

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Second Post about the projects - over 1 month ago

  • MATIC - $0.368 - $1.9b Market Cap
  • QuickSwap - $200 - $33m Market Cap

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This was the baseline of my first mentions of these projects, but I have been in MATIC since roughly 10 cents and QuickSwap since their initial launch where it hovered between $100 and $200. As you can see, in the first two posts the prices fluctuated around the same level for a month in (at that time) a very bullish market. Polygon (MATIC) kept up nicely having a 13% increase, but QuickSwap was lacking behind, despite increasing their TVL and offered tokens by a LOT. This made no sense to me, so I urged many more people to invest in QuickSwap as I felt like this was an untouched goldmine.

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So where are we today?

POLYGON-MATIC GRAPH

QUICKSWAP GRAPH

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  • MATIC - $1.86 - $11.4b Market Cap
  • QuickSwap - $775 - $126m Market Cap

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As the graphs indicate, we have grown. A lot. Quite frankly, an investment in Matic would have earned you at least a 5x, and even a 9x if you sold at the peak. QuickSwap would have netted you a decent 3.8x, or a 8x if you sold at the peak.

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But that is not what this post is about. I have started writing this post because again, QuickSwap is criminally undervalued. They have recently surpassed a $1b Total Value Locked. Compare this to PancakeSwap, who have currently a $7b Total Value Locked. So logically speaking (not entirely but work with me here), QuickSwap should roughly be valued at about 1/7th of the CAKE token. Let's take 1/10th since PancakeSwap is a bit more advanced and mature. Cake has a 3b market cap. 1/10th of 3b is 300m market cap, while QuickSwap is sitting at $126m.

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I am expecting, if this bullrun continues and not turns into turbo-bearitory, that QuickSwap will once again catch up to MATIC. As you can see in the graphs, QuickSwap shot up to $1600 when Matic shot up to $1, but now with MATIC almost 2x that price, QuickSwap is half. I honestly think QuickSwap is one of the most impressive functioning products that blockchain has ever brought us. I URGE everyone here to at least TEST IT YOURSELF. Transactions of 2 seconds, for a 0.000014 USD fee. Absolutely mindblowing and crazy, and 100% how crypto should be. Did I mention the APR's on the Liquidity Pools are pure insanity as well? 600% is the norm, and there's 10+ pools that offer even more. And if you only want to buy QuickSwap and not bother with pools, toss it in the Dragons Lair which is staking for QuickSwap, which offers between 50% and 90% annual returns ON ONLY STAKING. WHAT THE HELL.

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TL;DR

I am a MATIC / QuickSwap shill and I am very proud of it. This is the future to me, this is what real crypto looks like. I have urged on multiple occasions to buy this coin, and this is the final warning I shall give. QuickSwap is an absolute mammoth of a goldmine, and even surpassed UniSwap in daily transactions at one point since transactions are, ya know, basically free besides the liquidity provider fee. QuickSwap is due a huge upward motion and if the bullmarket continues I expect it within the next 3 months. QuickSwap offers not only the best exchange there is, but also close to - if not the best - rates on Liquidity Providing and staking. I became a shill because I used the platform and it worked like a damned charm, not because anyone told me to or offered me anything. TRY IT BEFORE YOU BUY IT!

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EDIT: Copy & Paste response for people asking HOW TO BUY IT:

  1. Create a MetaMask wallet. This process is fairly simple but it does require a laptop or computer with preferably Google Chrome.

  2. After you have created the wallet, withdraw some funds (ETH, USDC, USDT is the easiest) to your wallet.

  3. Here you have a choice, either buy it through UniSwap by swapping your ETH (for example) for Quick: https://app.uniswap.org/#/swap Downsides here are the transaction costs which are very high on UniSwap (ethereum network).

  4. Alternatively, once you have the funds in MetaMask you could choose to bridge them over (https://wallet.matic.network/bridge/) to the MATIC network. After the initial bridge (a one time fee of roughly $15) you will never pay gas fees again since the Matic network has fees of about 0.000014 USD which is negligable. This step does require you to add the Matic chain to MetaMask, and to bridge your ETH/USDC/USDT over. After you have done that you can now buy your QUICK at https://quickswap.exchange/#/swap and enjoy feeless trading, and amazing staking + liquidity pools. If you need more help making this happen send me a message!

submitted by /u/Whiterossy
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