Cayman Islands, Cayman Islands, January thirty first, 2024, Chainwire
The QRDO Basis, devoted to the expansion and growth of the QRDO ecosystem, has introduced a strategic partnership with EQ LAB, a number one blockchain developer lab, to launch the Warden Protocol. This initiative accelerates the upcoming launch of the Warden Protocol, an intent-based interoperability protocol constructed on Cosmos and based mostly on the Fusionchain primitive.
Introducing the Warden Protocol
The Warden Protocol is a modular intent-centric blockchain constructed on the Cosmos-SDK. At its most simple stage, it allows customers to create Areas and Wallets on numerous blockchains and govern their exercise by way of on-chain intents. Complicated multi-leg transactions could be constructed, and cross-chain exercise protected by way of advanced intents, all enforced on-chain by the Warden Protocol.
For the builders within the area, Warden allows sensible contracts to be deployed on Cosmos utilizing Solidity and WebAssembly, and facilitates a modular market of key administration options, from HSM options to multi-party computation suppliers.
“The Warden Protocol is the following evolution in intent and interoperability primitives,” stated a consultant for the QRDO Basis, “becoming a member of forces with the EQ LAB workforce allows us to attain this formidable imaginative and prescient and ensures that QRDO token holders see the conclusion of a really decentralized and open, intent-centric interoperability and key administration protocol.”
Varied functions have pledged their help to deploy on Warden, together with:
- EQ.finance, a liquid staking hub for Cosmos that places present liquid staking tokens to work;
- WARDD, a USD-pegged decentralized stablecoin that gives Warden customers with instantaneous entry to greenback liquidity;
- Marginly, a pluggable protocol for decentralized funding swimming pools that allow margin buying and selling on any spot DEX; and
- SpaceWard, a SAFE-like platform for pockets administration and governance.
EQ LAB will type the core contributor workforce to the Warden Protocol and can deliver an in depth workforce of 15 core builders to the Warden Protocol.
“We’re very happy to be serving to to determine the Warden Protocol as Core Contributors”, stated Alex Melikhov, founding father of EQ LAB, “as an skilled workforce of certified blockchain builders, we see a shiny future within the Cosmos ecosystem, and we stay up for seeing unbelievable worth unlocked for each the present QRDO and Q token holder communities”.
WARD Token
The Warden Protocol plans to introduce the WARD token by way of a good launch mechanism. This launch will happen with none pre-mine or investor allocations, with eligibility for each an airdrop and an incentivised WARD-swap extending first to present QRDO holders. As a nod to the general public items executed by numerous different Cosmos chains, TIA and ATOM stakers may also be eligible, in addition to builders and customers from different complimentary protocols and chains. Additional particulars will probably be introduced shortly.
The Alfama testnet will go dwell within the coming weeks, with particulars for an incentivised testnet to be revealed shortly.
Contact Data
Warden Protocol
Warden Protocol is a brand new modular intent-based blockchain based mostly on CosmosSDK that permits customers and builders to discover and construct cross-chain securely.
About EQ LAB
EQ LAB is an skilled software program engineering home specializing in permissionless functions and protocols, performing as a expertise accomplice in a plethora of initiatives on Cosmos, Ethereum, Arbitrum, Polkadot, and different blockchain platforms.
About QRDO Basis
QRDO Basis has been established to deal with accelerating the adoption of open custody, safety and interoperability protocols and nurture the worth of the QRDO ecosystem.
Contact
PR Workforce
QRDO Basis
pr@qrdo.org
