Everything to Know About Quicksilver: The Cosmos Liquid Staking Zone

The Current Staking Scenario in the Crypto Industry

Challenges of Staking

What is the Cosmos Ecosystem?

What is Quicksilver Zone?

How Quicksilver Zone Works

Features of Quicksilver Zone and Utility of QCK Tokens

Benefits of Quicksilver Zone

QCK Token Allocation and Distribution

  • 102.7 million tokens will be distributed as community incentives and liquidity rewards.
  • 40 million tokens will be allocated for the foundation that will use the funds to progress the platform further and develop it.
  • 26.3 million tokens will be allocated to various investors.
  • 21 million tokens will be assigned to the development team.
  • 10 million tokens will be distributed as testnet incentives.

The Roadmap

  • Liquid Atoms deposits enabled on Quicksilver enabled for liquid staking
  • Staked Assets deposits enabled on Quicksilver for any chain that has enabled the Liquidity Staking Module (contingent on governance vote)
  • Unbonding / Undelegating Assets from Quicksilver enabled for any zone with the Liquidity Staking Module (contingent on governance vote)
  • Unbonding / Undelegating Assets from Quicksilver disabled for zones without the Liquidity Staking Module (exiting the protocol would only be possible by selling qAssets)
  • Native Quicksilver Governance enabled
  • Staking of the QCK Token enabled
  • Participation Rewards feature enabled
  • Governance by Proxy feature disabled
  • Governance by Proxy feature enabled
  • CosmWasm integrated, allowing developers to build DeFi applications on top of Quicksilver, using qAssets as their base collateral.
  • Creating products for Quicksilver and enabling it to become a sub-ecosystem within the Cosmos Hub.
  • Leveraging the success of Quicksilver zone to develop, launch, and run privacy-based, environmental impact-based, sustainability-based, and more tokens.
  • Overall, the Quicksilver zone can also act as a DeFi driver for multiple interoperable chains in the Cosmos Hub.

Conclusion

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