On January 31st, 2024, the QRDO Foundation, dedicated to the growth and development of the QRDO ecosystem, announced a strategic partnership with EQ LAB, a leading blockchain developer lab, to launch the Warden Protocol. This initiative accelerates the upcoming launch of the Warden Protocol, an intent-based interoperability protocol built on Cosmos and based on the Fusionchain primitive.
The Warden Protocol is a modular intent-centric blockchain built on the Cosmos-SDK. It enables users to create Spaces and Wallets on various blockchains and govern their activity through on-chain intents. This allows for complex multi-leg transactions and cross-chain activity to be protected via complex intents, all enforced on-chain by the Warden Protocol. For developers, Warden also enables smart contracts to be deployed on Cosmos using Solidity and WebAssembly, and offers a marketplace for key management solutions.
QRDO Foundation stated, “The Warden Protocol is the next evolution in intent and interoperability primitives. 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.”
Several applications have already pledged their support to deploy on Warden, including EQ.finance, WARDD, Marginly, and SpaceWard. EQ LAB will form the core contributor team to the Warden Protocol, with 15 core developers joining the project.
EQ LAB founder, Alex Melikhov, expressed his excitement about the partnership, stating, “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.”
The Warden Protocol plans to introduce the WARD token via a fair launch mechanism, without any pre-mine or investor allocations. Eligibility for both an airdrop and an incentivised WARD-swap will extend first to existing QRDO holders, TIA and ATOM stakers, and builders and users from other complimentary protocols and chains. More details will be announced shortly.
The Alfama testnet will go live in the coming weeks, with details for an incentivised testnet to be published shortly.
About Warden Protocol:
Warden Protocol is a new modular intent-based blockchain based on CosmosSDK that allows users and builders to explore and build cross-chain securely.
[email protected]
www.wardenprotocol.org
About EQ LAB:
EQ LAB is an experienced software engineering house specializing in permissionless applications and protocols, acting as a technology partner in a plethora of projects on Cosmos, Ethereum, Arbitrum, Polkadot, and other blockchain platforms.
[email protected]
www.eqlab.io
About QRDO Foundation:
QRDO Foundation has been established to focus on accelerating the adoption of open custody, security and interoperability protocols and nurture the value of the QRDO ecosystem.
Contact:
PR Team
QRDO Foundation
[email protected]
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Categories:
– Interoperability
– Blockchain Technology
– Cryptocurrency Adoption