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QUACKS is a cryptocurrency that operates as part of the duckpools protocol built on top of the Ergo blockchain. It allows users to connect, lend, borrow, and participate in pools. With a current total value locked of 10,853.07ERG and an annual percentage yield of 2.88%, QUACKS offers users an opportunity to earn passive income by participating in the protocol.
When using QUACKS and the duckpools protocol, users should know that they operate in a decentralized financial (DeFi) environment. Therefore, they should exercise caution and understand the risks involved. By accepting the Know Your Assumptions (KYA), users confirm that they will utilize duckpools.io at their own risk and acknowledge that they are solely responsible for their assets. The duckpools protocol and smart contracts are expected to meet users’ expectations.
It is important to note that duckpools.io operates on a live blockchain, making all transactions final and irreversible. Users can view their transactions through the Ergo Explorer. When creating an order, funds are sent to a specific smart contract, and all contracts are integrated into the user interface. However, users should be aware that the duckpools.io team does not guarantee the absence of bugs or errors. Additionally, duckpools.io does not have a Know Your Customer (KYC) process and cannot assist if users experience hacks or losses of passwords, currency, or private wallet keys.
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