▶️Designed to Support Cosmos

Quicksilver’s mechanisms and modules were built to keep assets safe, anchor the protocol in the IBC, and expand the possibilities of DeFi within the ecosystem. With decentralization, security and community at the heart of the protocol’s design, Quicksilver is set to become the Liquid Staking standard of the Cosmos ecosystem. Here are 4 ways in which the protocol supports Cosmos.

Deposits

Assets never leave their native chains when liquid staking on Quicksilver and are sent directly from users’ wallets to Quicksilver deposit accounts on the native chain.

Staking Rewards fees

Staking Rewards Fees collected on the Protocol are distributed to QCK stakers on an epochly basis. Staking rewards fees are redistributed among QCK token stakers.

Airdrop Module

Eligible stakers of chains onboarded on the Protocol will receive airdrops. With decentralization in mind, the protocol will weigh the way users stake, and not just how much, in the airdrop formula. The goal of this airdrop model is to ensure the Quicksilver protocol is in the hands of its present and future community, and QCK tokens are spread as far and wide across the Cosmos ecosystem.

Cross-Chain Smart Contracts

CosmWasm will be enabled in the future, allowing developers to build on Quicksilver Zone. The Quicksilver team sees the Zone becoming an Interchain DeFi hub by allowing builders to leverage unique features such as Quicksilver's ICA and ICQ implementations and the airdrop module. The team envisions Quicksilver enabling an entire range of new DeFi applications.