Expanding DeFi Footprint: Umee, Shade, Ledger & Keplr Native Support
Quicksilver’s expanding its footprint with new DeFi integrations on Umee, Shade, and Ledger. If you're receiving this, it means you signed up to receive emails from Quicksilver Liquid Staking Zone.
qATOM Now Listed on Umee for Borrowing/Lending
This was the first qAsset lending protocol integration, and a fantastic step forward for Quicksilver. Now, qATOM holders can utilize lending and borrowing while earning autocompounded ATOM staking rewards, plus have the flexibility to explore more advanced DeFi strategies like looping & leveraged LPs. In a great show of Quicksilver’s momentum, the deposit cap for qATOM was hit in under 24 hours, and the Umee community voted to increase it by 4x to allow for more deposits.
Get gas for Umee to enable qATOM as collateral.
qATOM:ATOM & qATOM:SILK Pools Live on Shade Protocol
Shade is a set of privacy-preserving DeFi applications on Secret Network. ShadeSwap's innovative asymmetric liquidity model gives swap rates for qAssets that can be up to 200x better than traditional DEXs, offering unparalleled swap rates and capital efficiency for traders. 🔥
Quicksilver & the Shade team have partnered to add a qATOM:ATOM pool and qATOM:SILK pool on Shade. SILK is Shade’s overcollateralized stablecoin, and this pool offers the first opportunity to pair qATOM with a stable, balancing the price movement of ATOM with a stablecoin for a balanced risk/reward ratio. Both pools are incentivized with QCK and SHD tokens. Bridge tokens to Secret to deposit on Shade.
Quicksilver QCK now Available on Ledger Live & Keplr Mobile
As of yesterday, May 30, all 1.5M+ Ledger users can now send, receive, and stake QCK tokens directly through Ledger live. Ledger’s adding Quicksilver to their platform will help grow Quicksilver’s community & QCK adoption. Ledger users can enable QCK via Ledger Live.
In addition to Ledger Live, Quicksilver is now added to Keplr wallet’s mobile app, joining ~20 other top projects in Cosmos. Keplr mobile users can stake, send, and receive QCK on mobile.
DeFi Llama & Pulsar Finance Integrate Quicksilver
DeFiLlama has added support for Quicksilver protocol for TVL tracking. Make sure to select to view liquid staking TVL under the “Include in TVL” settings to see the assets.
Our friends at Pulsar Finance have also added Quicksilver to their DeFi portfolio. Users can now view QCK and qAssets in their wallet in one sleek UI.
Foundation Delegation Program Applications Open
The Quicksilver Foundation believes that the long term success of the Quicksilver chain goes hand-in-hand with fostering a vibrant and resilient validator ecosystem. As such, the Foundation has opened applications for the H2 2023 round of the Foundation Delegation program.
Validators who validate on both Mainnet and Testnet are eligible to apply. Criteria for receiving a Foundation Delegation include performance, decentralization, operations & security practices, governance record, and community contributions. Applications close on June 4. Read more about the program or apply now.
Osmosis Governance Passes Proposals in Support of Quicksilver
Osmosis governance has passed Proposal 517 to list qAsset pools on the main front end of Osmosis, making them easier to access for deposits & swaps. Governance also passed Proposal 518 to provide matching OSMO incentives to the qOSMO:OSMO pool for 60 days. These two proposals will contribute to the growth of qAsset liquidity on Osmosis.
Quicksilver’s First Zealy Sprint a Resounding Success
Our first sprint event on Zealy galvanized over 500 people to make memes, create Quicksilver graphics, post on Twitter, film videos, and most of all, come together as new friends & community members on our Discord & Telegram.
If you’re not familiar with Zealy, it’s a gamified community growth tool where participants can complete tasks to gain XP. Higher XP gains levels, and qualified users can win prizes. Quicksilver’s most committed Zealy participants earned the coveted role of Quicksilver Knight on Discord.
Thank you to all who participated in the event. The next sprint will be later this year & will offer more opportunities to win prizes & contribute to the community.
A Global Community of QCK’ers
Creative community members from 15 amazing countries submitted graphics on Zealy showcasing Quicksilver and their country’s unique aspects. We have members in every continent! Plus, the Discord is home to language-specific channels for you to connect with others who speak your language. Make sure to join us on Discord to meet a QCK’er in your region of the world.
More News on Tech & Development
If you're eager to delve deeper into Quicksilver's latest development advancements, we recommend watching the recorded version of the May town hall meeting with co-founders Joe Bowman and Vish Modali. This comprehensive presentation offers a detailed overview of our current progress and upcoming initiatives.