QRDO Foundation Partners with EQ LAB to Unveil the Warden Protocol
Cayman Islands, January 31, 2024, Chainwire
The QRDO Foundation has teamed up with EQ LAB, a prominent developer lab in the blockchain space, to formally introduce the Warden Protocol. This initiative is set to expedite the launch of the Warden Protocol, which focuses on an intent-driven interoperability framework utilizing Cosmos and the Fusionchain primitive.
Introducing the Warden Protocol
The Warden Protocol At its core, the Warden Protocol is a versatile, intent-centric blockchain leveraging the Cosmos-SDK. In simple terms, it grants users the capacity to generate Spaces and Wallets across various blockchain networks while governing their operations through on-chain intents. Users can craft intricate multi-leg transactions and secure cross-chain activities with sophisticated intents, all enforced on-chain by the Warden Protocol.
For developers in the ecosystem, Warden opens doors for smart contract deployment on Cosmos using popular programming languages like Solidity and WebAssembly, while also providing a flexible marketplace for key management options, encompassing everything from hardware security module (HSM) solutions to services for multi-party computations.
"The Warden Protocol signifies a transformative leap in intent and interoperability standards,\" commented a representative from the QRDO Foundation. \"By collaborating with the EQ LAB team, we are positioned to bring this bold vision to life and guarantee that holders of the QRDO token witness the development of an authentic decentralized, intent-focused interoperability and key management protocol.\"
Many projects have expressed their commitment to executing on Warden, including:
- EQ.finance , a hub for liquid staking in Cosmos that maximizes the potential of existing liquid staking tokens;
- WARDD, a decentralized stablecoin tied to USD, granting Warden users immediate access to fiat liquidity;
- Marginly , a plug-and-play protocol for decentralized funding pools that support margin trading across any spot DEX; and
- SpaceWard, a SAFE-like platform designed for wallet governance and management.
EQ LAB will lead the development efforts for the Warden Protocol, bringing a skilled team of 15 core developers into the mix.
"We are excited to contribute as Core Contributors to help establish the Warden Protocol,\" said Alex Melikhov, founder of EQ LAB. \"With our experienced team of blockchain developers, we foresee significant advancements within the Cosmos ecosystem that will unlock immense value for the QRDO and Q token communities.\"
WARD Token
Plans for the Warden Protocol include launching the WARD token through a fair distribution model. Importantly, this launch will occur without any pre-mining or allocations for investors, allowing existing QRDO holders to participate in both an airdrop and incentivized WARD swaps. Furthermore, in recognition of contributions made by various other Cosmos chains, TIA and ATOM stakers, as well as creators and users from complementary protocols and chains, will also be granted eligibility. More information will be revealed soon.
The Alfama testnet is set to launch in the upcoming weeks, and details regarding an incentivized testnet will soon be available.
Contact Information
Warden Protocol
The Warden Protocol serves as an innovative, modular blockchain centered on intent, founded on CosmosSDK, which allows both users and developers to securely navigate and construct cross-chain interactions.
About EQ LAB
EQ LAB stands as a seasoned software engineering firm, specializing in the development of permissionless applications and protocols, serving as a technological partner across many projects spanning Cosmos, Ethereum, Arbitrum, Polkadot, and other blockchain environments.
About QRDO Foundation
The QRDO Foundation was formed with the specific aim of accelerating the adoption of open custody, security, and interoperability protocols while enhancing the overall value of the QRDO ecosystem.
Stay updated on cryptocurrency distributions via ourAirdrops Calendar .
Contact
PR Team
QRDO Foundation
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