Cayman Islands, Cayman Islands, January thirty first, 2024, Chainwire
The QRDO Foundation, devoted to the development and improvement 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 primarily based 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 degree, it allows customers to create Areas and Wallets on varied 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 in the house, Warden allows good 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 next evolution in intent and interoperability primitives,” mentioned a consultant for the QRDO Foundation, “joining forces with the EQ LAB team enables us to achieve this ambitious vision and ensures that QRDO token holders see the realization of a truly decentralized and open, intent-centric interoperability and key management protocol.”
Varied purposes have pledged their assist 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 immediate 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 crew to the Warden Protocol and will convey an intensive crew of 15 core builders to the Warden Protocol.
“We are very pleased to be helping to establish the Warden Protocol as Core Contributors”, mentioned Alex Melikhov, founding father of EQ LAB, “as an experienced team of qualified blockchain developers, we see a bright future in the Cosmos ecosystem, and we look forward to seeing incredible value unlocked for both the existing 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 incentivized WARD-swap extending first to present QRDO holders. As a nod to the public items carried out by varied different Cosmos chains, TIA and ATOM stakers can even be eligible, in addition to builders and customers from different complementary protocols and chains. Additional particulars will probably be introduced shortly.
The Alfama testnet will go stay in the coming weeks, with particulars for an incentivized testnet to be printed shortly.
Warden Protocol
Warden Protocol is a brand new modular intent-based blockchain primarily based on CosmosSDK that enables customers and builders to discover and construct cross-chain securely.
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About EQ LAB
EQ LAB is an skilled software program engineering home specializing in permissionless purposes and protocols, appearing as a know-how companion in a plethora of initiatives on Cosmos, Ethereum, Arbitrum, Polkadot, and different blockchain platforms.
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About QRDO Foundation
QRDO Foundation has been established to give attention to accelerating the adoption of open custody, safety and interoperability protocols and nurture the worth of the QRDO ecosystem.
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QRDO Foundation
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