Quickswap / SparkDEX

Dubai, United Arab Emirates
Alexios Atlas retweeted
FXRP Just Turned One Year Old 🎈 SparkDEX has been putting XRP liquidity to work since day one. Swaps. LPs. Farms. Perps. We're proud to have built FXRP into the core of its DeFi stack on Flare. One year down. More to ship. @FlareNetworks
A year ago today, XRP became programmable as FXRP. What followed was a run of firsts. XRP in onchain vaults. XRP backing onchain cover. XRP in money markets on Ethereum. Flare Smart Accounts makes it one click from XRPL. FCC takes it to confidential computation, with proofs anyone can verify. That is what unlocks deeper institutional use.
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One of the most overlooked developments in DeFi is the emergence of protocol-owned treasuries designed to generate sustainable, long-term value rather than relying solely on market speculation. This is exactly why the QuickSwap Treasury is such an important milestone for the protocol. At its core, the Treasury represents a strategic shift towards creating a self-sustaining economic engine that can support QuickSwap through every phase of future market cycles. The Treasury consists of $QUICK and a diversified portfolio of productive, yield-generating blue chip assets. Rather than allowing capital to sit idle, these tokens are actively deployed across liquidity positions, lending markets, staking strategies, etc. in protocols like Aave, Sky, and Lido. The end result? Treasury assets remain productive, continuously compounding and growing over time. Every swap on QuickSwap generates protocol revenue. That revenue is then allocated toward two key objectives: • Buying back QUICK from the market • Expanding the Treasury’s base of yield-generating assets As protocol activity increases, revenue grows. As revenue grows, buybacks increase and the Treasury expands. As the Treasury expands, it generates more yield. As yield generation increases, the protocol becomes stronger and more sustainable. This creates a positive feedback loop where growth today helps build a stronger foundation for tomorrow. The long-term implications of this are significant. Many DeFi protocols struggle because they depend heavily on emissions, external funding, or favorable market conditions. During prolonged bear markets, these models can become difficult to sustain. A productive Treasury changes that. Instead of relying exclusively on these factors, QuickSwap is building a growing reserve of assets that can generate ongoing revenue regardless of market sentiment. Over time, this Treasury can serve multiple critical functions: • Supporting ecosystem growth and expansion • Funding future incentives and strategic initiatives • Helping fund operations during tough market conditions • Strengthening protocol liquidity • Creating a sustainable source of value accrual for the ecosystem • Reinforcing the long-term utility of the QUICK token The strongest protocols are the ones that can continue building, innovating, and supporting their communities, regardless of market conditions. A growing Treasury gives QuickSwap the ability to do exactly that. In an industry where sustainability is often discussed but rarely achieved, the QuickSwap Treasury represents a meaningful step toward building a DeFi protocol that is designed not just to survive the next cycle, but to thrive through many cycles to come. Dragons are on their way to achieving that mission.
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Excited to be joining @FlareNetworks' Summer Signal Hackathon as a mentor this year ☀️ On behalf of @SparkDEXAI, I'm looking forward to be mentoring builders pushing the boundaries of DeFi and what's possible on Flare. Can't wait to meet the teams, share what we've learned building SparkDEX, and hopefully help turn a few ambitious ideas into real products. See you there!
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Alexios Atlas retweeted
🔥 Governance Proposal #2 is LIVE. The SparkDEX DAO is voting on a 5,000,000 SPRK burn. 🔸 0.5% of max supply 🔸 ~25% increase in total SPRK burned 🔸 Lower future inflation Voting ends Friday, June 26 at 3:00 PM UTC. 🗳️ Vote with your xSPRK: sparkdex.ai/governance/propo…
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QUICK staking rewards have been replenished 🔥 Stake QUICK on @base, earn QUICK (~16.45% APR). dapp.quickswap.exchange/dash…
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Alexios Atlas retweeted
⏰ Only 24 hours left! Voting for SparkDEX's first DAO proposal ends tomorrow. If you haven't voted yet, there's still time to share your opinion onchain. SparkDEX community ftw 💪 sparkdex.ai/governance/propo…
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Another 2,600,000 QUICK were accumulated back over the last week 🐲 Current value: ~$29,536
5,090,000 QUICK were accumulated back in the last week. Dragons keeping them coming 🦾 Current value: ~$53,088
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Alexios Atlas retweeted
DeFi Governance with SparkDEX 🗳️ Join us for an upcoming livestream with @0xQuantic and @AlexiAtlas, Co-founder of SparkDEX, to explore how governance works in DeFi and why it matters for protocols, and long-term ecosystem growth. We’ll discuss governance design, community participation, and how @SparkDexAI is approaching this on Flare. Set your reminder and join us live this Wednesday! piped.video/watch?v=hgYjVesz…
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Alexios Atlas retweeted
The SparkDEX DAO's first governance proposal is HERE! It's time for the SparkDEX community to decide how protocol revenue and SPRK emissions should be distributed. 🗓 Voting: Begins May 13 at 11:00 AM UTC 🗣 Discussion:
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Alexios Atlas retweeted
Aave LLC has filed an emergency motion to vacate a restraining notice served on Arbitrum DAO on May 1, 2026 that attempts to seize approximately $71 million in ETH belonging to victims of the April 18 exploit. A thief does not gain lawful ownership of stolen property simply by taking it, and the law is clear on this. Those assets were recovered to be returned to users victimized in the April 18, 2026 exploit. Freezing them harms the very people this recovery effort is designed to protect. We’ve asked the court for an expedited hearing and a temporary vacatur, and we are continuing to work alongside the Arbitrum community and DeFi United to make affected users whole.
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Alexios Atlas retweeted
UPDATE: DeFi United, a recovery fund spearheaded by @Aave after the @KelpDAO exploit, has raised ~$303M in commitments from across the ecosystem to make affected $rsETH holders whole.
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Alexios Atlas retweeted
Update on rsETH incident: WETH reserves on the Ethereum Core V3 market have been unfrozen and users can supply WETH to Ethereum Core V3 again. WETH LTV remains at 0. WETH reserves on Ethereum Prime, Arbitrum, Base, Mantle, and Linea remain frozen. Aave service providers will continue to work on next steps and provide updates accordingly.
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Alexios Atlas retweeted
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
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Alexios Atlas retweeted
يستأنف أبناؤنا وبناتنا الطلبة اليوم الدراسة الحضورية في كافة جامعاتنا ومدارسنا.. بعد أن أثبتت منظومتنا التعليمية قدرتها الاستثنائية على استمراريتها الكاملة في ظل الظروف التي مرّت بها المنطقة. رسالتي إلى الطلبة والطالبات : نحن دولة لا تقف عند التحديات.. نحن دولة لا تقف عن التعلم والتعليم .. نحن دولة لا تقف مسيرتها ولا تتعطل تنميتها .. نحن دولة تراهن عليكم وتصنع مستقبلها بكم ومعكم ومن أجلكم . #فخورين_بالإمارت
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Alexios Atlas retweeted
FIP.16 🤝 SparkDEX Remember: SparkDEX isn’t just built on @FlareNetworks. It has an FTSO provider too. FIP.16 shifts rewards to data contribution and accuracy. That means SparkDEX is earning at the application AND protocol layer.
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5,191,500 QUICK tokens accumulated back over the last week. This marks our largest buyback to date, currently valued at ~$57,417. Dragons raising the bar 🐲
Bought back another 4,974,500 QUICK this week. Over 5x emissions... probably nothing 👀
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Alexios Atlas retweeted
Cohort 1 of new Sky Agents coming from Obex is a game changer for Sky These agents will showcase the power of the Sky Agent Framework: parallel scaling and innovation at the edges of the ecosystem, while the core can stay stable, reliable and focused on risk management
1/ Today we're unveiling Obex's inaugural cohort. 8 projects to join the Sky Ecosystem. $1B in capital deployment begins today. Meet Cohort 1: Maple | Securitize | Centrifuge | Daylight | USDAI | Better | River | TVL Capital 🧵👇
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Huge milestone unlocked: we've just surpassed 60,000,000+ QUICK burned 🔥🔥 Just to put that into perspective, that's: • 6.39% of the total supply • 7.64% of the circulating supply • Over $590,000 in value Burns for the QUICK token continue to accelerate, also increasing scarcity of the token. Couple that with the ongoing buybacks, and you've got the perfect storm. Dragons on a mission.
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