QuickPerps Documentation
  • QuickPerps: Hydra (V2)
    • 🐲Introducing QuickPerps: Hydra
    • 🔄 Trading Guide
    • 📝 Contracts & Addresses
    • 🔗 Important Links
    • 📚 QuickSwap Community Groups
  • QuickPerps V1
    • ⚖️ Introducing QuickPerps
    • 🔄 Trading Guide
    • 💧 QLP Pool
    • 💰 Reward Mechanism
    • 🛣 Roadmap
    • 📝 Contracts & Addresses
    • 👋 Referral Program
    • 👩‍👩‍👦‍👦 Team
    • 💻 API
    • 🔎 Smart Contract Audit
    • 🔗 Important Links
    • 📚 QuickSwap Community Groups
    • ❓ FAQ
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On this page
  • Rewards Summary:
  • Compounding/Claiming Rewards
  • Quick links and info
  1. QuickPerps V1

💰 Reward Mechanism

Details on the rewards earned with QLP.

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Last updated 9 months ago

Rewards Summary:

  • QuickPerps Liquidity provider token 'QLP' earns WETH when held in your wallet.

Compounding/Claiming Rewards

Users can claim their rewards anytime by going to the page and clicking on the 'Claim' button:

The platform also has a one-click way of auto-compounding all rewards. This will be very helpful to users who want to maximize their earnings.

Clicking on the “Compound” button will send a batch transaction with only one confirmation needed. You will see a recap of all the transactions that will happen before confirming the transaction in your wallet:

  • Claiming WETH

  • Compounding WETH into QLP

Quick links and info

The 'Liquidity' page also has a Box on the left hand side of the page showing the following information:

  • QLP Token price.

  • Amount of QLP in your wallet

  • The current APR% you are earning with

  • Total supply

The QLP box on the right-hand side of the page allows you to:

  • Add or withdraw liquidity.

'Liquidity'