QRDO Basis and EQ LAB announce strategic partnership to launch Warden Protocol

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Cayman Islands, Cayman Islands, January 31, 2024, Chainwire

QRDO Basis, devoted to the expansion and improvement of the QRDO ecosystem, introduced a strategic partnership with EQ LAB, a number one blockchain improvement lab, to launch Warden Protocol. This effort will speed up the upcoming launch of Warden Protocol, an intent-based interoperability protocol constructed on Cosmos and based mostly on Fusionchain primitives.

Introducing the Warden Protocol

Warden Protocol is a modular intent-centric blockchain constructed on Cosmos-SDK. On the most elementary degree, it permits customers to create areas and wallets on varied blockchains and handle their actions by means of on-chain intents. Complicated multi-leg transactions could be constructed, and cross-chain exercise is protected by advanced intents, all enforced on-chain by the Warden protocol.

For builders on this area, Warden permits the deployment of good contracts into Cosmos utilizing Solidity and WebAssembly, facilitating a modular market of main administration options starting from HSM options to multiparty computing suppliers.

QRDO Basis representatives mentioned: “The Warden protocol is the subsequent evolution in intent and interoperability primitives. Becoming a member of forces with the EQ LAB group will assist us obtain this formidable imaginative and prescient, and QRDO token possession “This can make sure that folks can really expertise achievement.” A decentralized, open, intent-centric interoperability and key administration protocol. ”

A wide range of purposes have dedicated to help deployment on Warden, together with:

  • EQ.finance is Cosmos’ liquid staking hub that powers present liquid staking tokens.
  • WARDD is a decentralized stablecoin pegged to the US greenback that gives Warden customers with prompt entry to greenback liquidity.
  • Marginly is a pluggable protocol for decentralized capital swimming pools that permits margin buying and selling on any spot DEX.and
  • SpaceWard is a SAFE-like platform for pockets administration and governance.
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EQ LAB varieties the core contributor group for Warden Protocol and brings an intensive group of 15 core builders to Warden Protocol.

EQ LAB Founder Alex Melikhov mentioned: “We’re very glad to contribute to the institution of the Warden Protocol as a core contributor.As an skilled group of certified blockchain builders, I We see a brilliant future within the Cosmos ecosystem and sit up for unlocking unimaginable worth for each the present QRDO group and the group of Q token holders.”

phrase token

Warden Protocol plans to introduce the WARD token by means of a good initiation mechanism. The launch will happen with none pre-mining or investor allocation, and can initially prolong eligibility for each airdrops and incentivized WARD swaps to present QRDO holders. As a tribute to the general public good carried out by varied different Cosmos chains, not solely TIA and ATOM stakers are eligible, but additionally builders and customers of different free protocols and chains. Additional particulars shall be introduced quickly.

The Alfama testnet will go reside within the coming weeks, and particulars concerning the incentivized testnet shall be printed quickly.

About 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-chains securely.

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(e-mail protected)

www.wardenprotocol.org

About EQ LAB

EQ LAB is an skilled software program engineering home specializing in permissionless purposes and protocols, serving as a expertise associate for quite a few tasks on Cosmos, Ethereum, Arbitrum, Polkadot, and different blockchain platforms.

(e-mail protected)

www.eqlab.io

About QRDO Basis

The QRDO Basis was created to deal with accelerating the adoption of open custody, safety, and interoperability protocols and fostering the worth of the QRDO ecosystem.

contact

PR group
QRDO Basis
(e-mail protected)

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