Since its inception, Quicksilver has sought to create a sustainable and user-driven liquid staking ecosystem. Our mission is to unlock liquidity while maintaining security and decentralization across the Cosmos ecosystem and beyond.

To achieve this, we designed a Participation Rewards (PR) model that incentivizes real engagement rather than speculative activity. This model was a conscious departure from the 2021 bull market’s airdrop-driven approach, which often led to token dumping rather than meaningful adoption.

As we prepare for Quicksilver v2.0, we are refining our tokenomics to better align with the current crypto-economic landscape, ensuring that incentives drive actual usage, increase liquidity, and reward those who contribute to the protocol’s long-term success.

Why We Abandoned Airdrops in Favor of Participation Rewards

Airdrops were once the go-to method for bootstrapping network activity, and our original intent mirrored this. However, we observed that many recipients simply sold their tokens immediately, leading to short-term price volatility without lasting engagement.

Instead of rewarding speculation, Quicksilver introduced Participation Rewards (PR) — a mechanism that continually distributes QCK to users who actively hold or utilize qAssets. This approach ensures that those who provide value to the network are the ones who benefit the most.

With Quicksilver v2.0, we are refining this model to make it more effective, sustainable, and rewarding for active participants.

Key Upgrades to Quicksilver’s Tokenomics

1. Weighted Rewards: Prioritizing Usage Over Passive Holding

One of the primary criticisms of our current PR model is that holding qAssets in a wallet earns the same rewards as actively using them in DeFi protocols. This dilutes the incentive to engage with the ecosystem.

To address this, we are introducing weighted rewards based on how qAssets are utilized:

• Holding qAssets in a wallet will still earn rewards but at a lower rate.
• Depositing qAssets into an Osmosis liquidity pool will earn twice the rewards compared to simple holding.
• Other DeFi activities, such as lending, collateralizing stablecoins, and restaking, will also receive higher reward multipliers.

This shift ensures that those who actively contribute liquidity and engagement receive the most benefits while maintaining some level of rewards for passive holders.

2. Doubling Participation Rewards to Drive Adoption

To accelerate adoption and incentivize deeper integration of qAssets across Cosmos DeFi, we are doubling the allocation for Participation Rewards.

• As we onboard new zones to the protocol, PR distributions will scale.
• This will ensure a steady supply of incentives to support liquidity growth and ecosystem expansion.

By increasing the reward pool, we aim to attract more users, deepen liquidity, and drive greater adoption of Quicksilver’s liquid staking model.

3. Burning Unclaimed Rewards for a Deflationary Model

Currently, unclaimed Participation Rewards roll over into the next epoch, increasing the rewards available for future claimers. While this benefits active participants, it does not benefit all QCK holders equally.

In Quicksilver v2.0, unclaimed rewards will be burned instead of rolled over.

This introduces deflationary pressure on the QCK supply:

• Every epoch, unclaimed QCK will be permanently removed from circulation.
• This benefits all QCK holders by reducing overall token supply over time.
• It also ensures that rewards are fairly distributed without disproportionately favoring those who claim more frequently.

By implementing deflationary mechanics, Quicksilver enhances long-term value retention and creates a more scarce and valuable asset.

Ending Inflation: A More Sustainable Token Model

At Quicksilver’s genesis, we followed the industry standard of launching with an inflationary token model to compensate validators and bootstrap network security.

However, as the network has matured, it has become clear that inflationary dilution is not the optimal approach.

Meanwhile, the Quicksilver Incentives Pool, initially allocated for airdrops and liquidity incentives, has grown significantly due to staking rewards accrued through the Foundation Delegation Program. This pool now holds ~140M QCK (~50% of the total supply).

What’s Changing?

• Inflation will be set to 0% permanently.
• Participation Rewards and staking incentives will now be fully funded from the existing incentives pool.
• This will fix the total QCK supply at ~280M* and, combined with the unclaimed reward burn, makes QCK a truly deflationary token.

This change eliminates dilution while ensuring validators, stakers, and active participants continue to receive rewards through a more sustainable model.

Adjusting Fees to Align with Market Standards

In addition to the above changes, we have consulted the community and will be adjusting our protocol fee from 3.5% to 5%.

This remains significantly lower than other liquid staking protocols such as:

• Milky Way (10%)
• Drop (10%)
• Stride (10%)

Even with this increase, Quicksilver remains one of the most cost-effective liquid staking solutions, ensuring users retain more of their staking rewards while the protocol continues to operate sustainably.

Conclusion: The Future of Quicksilver Tokenomics

Quicksilver v2.0 represents a significant evolution in our tokenomics, ensuring that incentives drive real adoption, liquidity, and long-term value retention.

Key Takeaways:

✅ Weighted rewards encourage DeFi participation over passive holding.
✅ Doubling PR emissions drives deeper liquidity and adoption.
✅ Burning unclaimed rewards makes QCK deflationary.
✅ Zero inflation protects token value while leveraging the incentives pool.
✅ Increased fees align with sustainable protocol growth while remaining competitive.

With these changes, Quicksilver is positioned to lead the next phase of liquid staking innovation — offering a model that is sustainable, deflationary, and optimized for real adoption.

We look forward to your feedback and governance participation as we roll out these changes. Stay tuned for upcoming proposal discussions and implementation timelines!

* The proposal will set the inflation rate to 0%. This will ensure no further $QCK tokens are minted, limiting the supply as of the date of the update. However, no hard supply cap will be set, and should the parameters be reversed by governance in the future, token minting would resume. However, assuming a continuation of the existing staking rewards schedule, it is not anticipated this will be required.

Quicksilver v2.0: Evolving Tokenomics for a More Sustainable Future was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

After 18 months of relative quiet (especially as far as this blog is concerned), we are excited to reintroduce the Quicksilver Protocol to our community.

This blog post marks the beginning of a renewed era for Quicksilver — an era defined by progress, resilience, and unwavering commitment to building the premier Interchain liquid staking platform.

Why We Went Away

The past year and a half has been a time of transition and recalibration for Quicksilver. Ingenuity, the company originally behind Quicksilver, merged with Notional Labs to extend our runway and ensure the long-term sustainability of the protocol. Shortly after this merger, the founding team of Notional Labs chose to separate. It was a challenging period, and while we do not wish to dwell on the details, we have emerged stronger.

In response, the Quicksilver Foundation was formed. This independent entity became the sole owner of Quicksilver Labs, the issuing organization behind QCK, with a clear mandate: to support and advance the Quicksilver Protocol. By isolating Quicksilver from the events at Notional Labs, we ensured the protocol’s continuity and stability. Today, we are rebuilding the Quicksilver team with a singular focus on delivering a best-in-class Interchain liquid staking experience.

What Has Happened Since?

Despite the challenges, our commitment to Quicksilver has never wavered. Over the past 18 months, we have remained steadfast in our efforts to improve and expand the protocol.

• Unbondings Launched: In Q1, we rolled out unbondings, a critical feature that enhances the usability and flexibility of the Quicksilver Protocol.
• New Front-End Interface: We introduced a new front-end design, making it easier than ever for users to interact with Quicksilver. You can even buy $QCK with your credit card or bank account, direct from our app thanks to Kado!
• Incremental Improvements: Numerous refinements have been made across the system to improve performance, reliability, and user experience.
• Onboarded Chains: Our network of supported chains has grown to 13, with a 14th integration just around the corner.

These milestones reflect our ongoing dedication to the protocol, even during a period of transition. Our focus has always been — and continues to be — on delivering value to our community and setting the standard for interchain liquid staking.

What Happens Next?

In short, Quicksilver continues.

During the tail end of 2024, we have been working hard on several exciting developments, ready for 2025 and beyond:

• Internal Updates: We’ve brought Cosmos and IBC dependencies up to their latest versions and completely rearchitected our asynchronous event management system, resolving a longstanding race condition that has caused some headaches.
• Governance by Proxy: In 2025, we will launch Governance by Proxy — the final unfulfilled component of our whitepaper roadmap. This feature will empower users to participate in governance seamlessly and effectively.
• Liquid Staking Beyond Cosmos: We are expanding our reach to enable liquid staking outside of the Cosmos ecosystem, unlocking new opportunities and use cases.
• Updated Tokenomics: Enhanced tokenomics are on the way, along with additional use cases and integrations, offering more chances to earn $QCK for minting and utilizing qAssets.
• More Chains: With over 100 IBC-connected chains available, we recognize there’s plenty of room to expand our reach. Join us on Discord to share your thoughts on which chains or use cases you’d like Quicksilver to prioritize next!

2025 promises to be an exciting year for Quicksilver, filled with innovation and growth. We are thrilled to have you with us on this journey as we continue to push the boundaries of what’s possible in the interchain ecosystem.

Stay tuned for more updates, and thank you for your unwavering support. Together, we’ll make Quicksilver the best interchain liquid staking platform in the space.

Onwards $QCK!

Quicksilver Protocol: Looking forward to 2025. was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

We are delighted to announce a strategic partnership between Quicksilver and Quasar.Fi to launch the Quasar Index Token (QIT). This collaboration brings together Quicksilver’s cutting-edge usage of ICA and ICQ with Quasar’s innovative vault technology to bring the liquid-staking index token QIT to Cosmos.

Quicksilver governance has approved Quasar to use Quicksilver as the bedrock for building its index token due to the flexibility of our composable architecture. Quasar’s index will consist of a market basket of IBC assets that will be liquid staked through the Quicksilver platform; the Quicksilver architecture enables the Quasar host account to select its preferred set of validators for liquid staking across all of the supported chains, and adjust the validator staking weights on an as-needed basis through the upcoming signaling intent functionality.

QIT represents a strategic blend of Cosmos assets, creating a diversified and dynamic market basket comprised of blue chip IBC ecosystem projects. Any project listed in the QIT and new to the Quicksilver ecosystem will be onboarded onto the Quicksilver protocol for liquid staking, and most of these will also be opened for public usage on the main Quicksilver front end. Stay tuned for information on which chains will be onboarded & when.

The teams at Quicksilver and Quasar are closely collaborating throughout the development process of QIT. Our partnership is underscored by a shared vision and commitment to pushing the use cases of IBC. This innovative integration expresses our commitment to providing streamlined solutions, ensuring superior efficiency and unparalleled security.

Stay tuned for regular updates on the QIT development process from Quicksilver & Quasar. We are looking forward to the exciting journey ahead.

—

Quicksilver is the interchain liquid staking protocol for the Cosmos ecosystem and beyond.

📍 Website | Twitter | Discord | Telegram

Quicksilver & Quasar Partner to Launch QIT was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

About Shade Protocol

Shade Protocol is a set of privacy-preserving DeFi applications on Secret Network. The ShadeSwap DEX is one of the first DEXs in Cosmos custom-built for liquid staking tokens. Like Quicksilver, Shade believes in the utility and efficiency of liquid staking tokens and the importance of liquid staking adoption in Cosmos. The two projects share a goal of unlocking staked capital and giving users more flexibility & choice without forfeiting staking rewards.

Shade’s innovative asymmetric liquidity model offers swap rates that can be up to 200 times more efficient than traditional CPMM models found on platforms like Uniswap or Balancer, and with vastly less price impact.

In traditional CPMM, a trader supplies equal values of two tokens to the liquidity pool. As trades occur through the pool, the product of the token amounts remains constant. These pools spread liquidity across a curve so that different trades at different prices can all be met by the pool. This works well for tokens whose price varies with the market.

However, liquid staking tokens trade at a predictable price range, determined by the behavior of their parent asset. Thus, a CPMM model can result in wasted liquidity for a liquid staking token pool, because much of the pool’s liquidity is spread to price ranges where the liquid staking token doesn’t trade.

The ShadeSwap asymmetric liquidity model aims to fix this problem. It works by concentrating liquidity around the predictable, asymmetrical trading range of the liquid staking token & native asset pair.

Thus, swaps — even huge swaps — offer much less slippage, and a user swapping a liquid staking token like qATOM will receive much better rates than swapping on a traditional DEX.

qATOM:ATOM and qATOM:SILK Pools on Shade

Both qATOM pools on Shade are co-incentivized by QCK and SHD token. Users who first stake ATOM on Quicksilver and then provide qATOM liquidity on Shade will earn autocompounded ATOM staking rewards, swap fees from ShadeSwap, and liquidity pool incentives.

The qATOM:ATOM pool offers 100% exposure to ATOM. qATOM:SILK uses Shade’s overcollateralized stablecoin SILK, which utilizes a basket of real-world assets for its peg and is collateralized via a market basket of Cosmos assets including stkd.SCRT and Axelar USDC and USDT.

Get Started on Shade Protocol

For those new to Shade, check out the comprehensive onboarding walkthrough for providing liquidity and staking LP tokens on ShadeSwap. This resource ensures that both experienced traders and newcomers to the world of decentralized finance can access & benefit from Quicksilver’s new qATOM pools.

The partnership between Quicksilver and Shade Protocol underscores the our shared dedication in enhancing the Cosmos ecosystem through liquid staking. By joining forces, we look forward to pushing the boundaries of liquid staking innovation and delivering exceptional value to the community.

Join Shade’s Discord, Telegram, or access Shade Protocol.

—

Quicksilver is the interchain liquid staking protocol for the Cosmos ecosystem and beyond.

Medium: https://medium.com/quicksilverzone

Twitter: https://twitter.com/quicksilverzone

Discord: https://discord.gg/quicksilverprotocol

Telegram: https://t.me/quicksilverzone

Quicksilver & Shade Protocol Partner to Launch qATOM Pools was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

Introduction to the Foundation Delegation Program

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.

Validators are the backbone of the Proof-of-Stake environment and play a critical role in ensuring the performance and security of the network.

The key objective of the Foundation Delegation Program is to delegate the Foundation tokens to active validators who make significant contributions to support the Quicksilver chain and ecosystem.

We last opened applications in mid-2022. The distributions of the QCK tokens for the Foundation Delegations occurred during the launch of Mainnet in December 2022. It is now is time to reopen the program for a second round.

Each iteration of the Foundation Delegation Program is considered independently of previous rounds. Validators who received tokens in the past must apply in this round to maintain their delegations. Grantees from previous rounds may receive more or less tokens than before based on scoring. New validators and validators who did not receive Foundation Delegations in the previous round are encouraged to apply.

Criteria

The following are criteria that will be used to evaluate validator applicants:

• Performance: uptime, slashing events, running the latest version of Quicksilver, etc.
• Decentralization: avoiding concentration in data center providers and locations
• Operations & Security: configuration and architecture, server specs, monitoring tools, key management, security setup, hosting providers, etc.
• Community contributions: contributions made to growing the Quicksilver ecosystem, such as building, maintaining, or adminstering IBC relayers, public RPC nodes, testnet nodes, dashboards, explorers, developer resources, and community tools; supporting other validators; creating educational content, actively contributing to the community, etc.
• Governance record on the Quicksilver chain: participation in past governance votes on Quicksilver

Pre-Requisites & Ongoing Requirements

The following are must-have requirements in order to receive and keep a Foundation Delegation. Failing to maintain any of these requirements may result in the removal of a Foundation Delegation.

Pre-Requisites & Ongoing Requirements for Eligible Validators:

• Ongoing participation in the active Quicksilver Testnet.
• Maintaining commissions at or below 15%.
• Cloaking of RPC endpoints (as in, RPC endpoints are not exposed to the public).
• Validator’s security address on-chain is set.
• After the distribution of Foundation Delegations, a validator becoming jailed will result in the removal of Foundation Delegations. A validator who received a Foundation Delegation and had it removed due to being jailed will be ineligible for the next round of Foundation Delegations.

In the spirit of decentralization, the top 5 validators (thanks to self bonded assets or delegated assets besides Foundation Delegations) will not be eligible for Foundation Delegations.

Application Process

• Applications will be live from May 22nd — June 4th, 2023.
• Applications will be taken via Google Form, announced on the Quicksilver Discord & Quicksilver Telegram.
• Fill out the entire Google Form to be eligible.
• The Quicksilver Foundation will review all applications based on the criteria.
• Recipients of Foundation Delegations will be announced to the community.

Timeline

• May 22nd, 8 AM UTC: Application start
• June 4th, 8 AM UTC: Application end
• End of June / early July: Foundation Delegation distribution

Disclaimers

• Foundation Delegation decisions are final and cannot be negotiated.
• No applications submitted outside the application period will be taken into consideration for any reason.
• Foundation Delegation distributions are at the discretion of the Quicksilver Foundation. Validators who are found to be exhibiting bad behavior, including unsafe business practices, unsafe key management, governance manipulation, or behave in a way that is detrimental to the protocol and/or ecosystem, may have their Foundation Delegations removed. Such validators may also be barred from future Foundation Delegation applications.

Good luck on your applications.

—

Quicksilver is the interchain liquid staking protocol for the Cosmos ecosystem and beyond.

Medium: https://medium.com/quicksilverzone

Twitter: https://twitter.com/quicksilverzone

Discord: https://discord.gg/quicksilverprotocol

Telegram: https://t.me/quicksilverzone

Foundation Delegation Program: H2 2023 was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

Quicksilver is announcing our first sprint on Zealy!

Join Quicksilver’s Zealy Questboard for the chance to earn rewards, climb the ranks up the leaderboard, and get special Discord roles. Anyone can join the sprint, whether you are a new community member or a long-time participant.

Solve quests, get involved in the Quicksilver community, and learn about Quicksilver Zone, the liquid staking Zone for the Interchain. Welcome!

Sprint Prizes

This sprint’s prizes include a prize pool of $1,000 USD in QCK tokens and special Discord ranks.

The top XP earners will share the prize pool:

🥇 Top 1–5 XP earners: $100/each

🥈 Top 6–10 XP earners: $50/each

🥉 Top 11–20 XP earners: $25/each

Plus, all participants are eligible to earn special Discord roles. You can earn some roles by climbing the ranks and other roles by completing quest sets. Complete as many quests as you can to earn all the roles and rank to Knight ⚔️.

About the Sprint

The initial sprint on the Questboard will be open from April 24 — May 22, 2023. At the end of the sprint, the leaderboard will be checked and the top 20 XP earners will share the prize pot.

After the sprint is over, the Questboard will remain open. You can continue to complete quests and earn special Discord roles after the Sprint is over!

The top 20 XP earners will be calculated at the end of the sprint via the Zealy leaderboard. The exact quantities of QCK tokens will be calculated when the prizes are administered and will equal the USD values stated above.

We will add new quests and rewards periodically, so follow us on Twitter and check in on Discord & Telegram to keep abreast of updates.

Getting Started on Zealy

Visit Quicksilver’s Zealy Questboard, and log in to Zealy using your Discord account. After you log in, you will see dozens of quests. Completing quests unlocks experience points (XP). The more experience points you gain, the higher your level goes on the Zealy Questboard. The higher your level on Zealy, the more roles you can acquire, and the greater your chances of qualifying to share the $1000 USD prize.

Zealy keeps track of the amount of XP you earn. It does so automatically, and the Quicksilver team cannot add or subtract XP from any participant. Read Zealy’s docs to see the exact amount of XP you need to earn to progress between levels.

Quests & Earning XP

The quests are designed to help you learn about Quicksilver, stay updated with project news, share key messages to help grow Quicksilver, and get closer to the community. You will find a mix of community-focused quests, Twitter quests, quizzes, content creation, and product usage quests.

Automated vs Manual Approval Quests:

• Zealy automatically approves certain quests once the action is complete, whereas others must be manually reviewed and marked as complete before the XP is granted.
• Manual verifications are required either due to technical reasons or for quality vetting (ensuring that the quest was performed properly).
• Manual verification may take a few hours or up to a few days.

Terms & Conditions of Sprint Participation

• QCK tokens will be distributed to the top XP earners after the sprint is over and the winners are drawn from the leaderboard. QCK tokens will be distributed to the Quicksilver wallet address you provide in the wallet address quest.
• In order to be eligible for the QCK prize pot, you must provide a Quicksilver wallet address starting with quick1… to the “wallet address” quest. Wallet address data will be used only to match Zealy/Crew3 user XP and quest results with a wallet address to determine prize allocations.
• Wallet address submission is NOT REQUIRED to earn Discord roles as rewards. It is only required for eligibility for the QCK token prizes.
• Participants who become unruly, insulting, trolling, engage in hate speech/bullying, or become otherwise disruptive may be removed from the Sprint and their accounts removed from Discord and/or Telegram, and their XP will not be counted towards the Zealy leaderboard prizes.

It’s Time to Climb the Leaderboard

Good luck, and have fun reaching the highest ranks on Zealy!

—

Quicksilver is the interchain liquid staking protocol for the Cosmos ecosystem and beyond.

• Medium: https://medium.com/quicksilverzone
• Twitter: https://twitter.com/quicksilverzone
• Discord: https://discord.gg/quicksilverprotocol
• Telegram: https://t.me/quicksilverzone

Announcing Quicksilver’s Zealy (Crew3) Questboard: Earn Rewards & Ranks 🏆 was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

The following article is a recap of the April 2023 Town Hall for Quicksilver Zone with Quicksilver co-founders Joe Bowman and Vish Modali. Comments have been edited for length. Event took place on Wednesday, April 12, 2023.

Chain Onboards

Q: Osmosis onboarded onto Quicksilver for liquid staking in March. Can you tell us how it went?

Joe: The Osmosis onboarding has had great momentum with already 107,000 OSMO staked via the protocol in less than two weeks. These are good results for the early days of a chain onboarding. There were some back-end challenges we faced in testing, which the team worked through, and the chain onboarding went flawlessly.

The pool for qOSMO:OSMO was just set up today. Setting up pools on Osmosis is the first use case for a qAsset, which allows a user to swap to enter or exit a position, and earn extra rewards when they provide liquidity. We’re going to add many more use cases for each qAsset, and see pools as the first step of many. The pool will be incentivized with QCK. Look forward to the news about incentives in the next few days.

Q: Regen was also onboarded onto Quicksilver for liquid staking in March. How did that launch go?

Joe: Regen’s onboarding was successful, although it has been a little slower and steadier in terms of stake growth than Osmosis. The Regen team has been a great support in the onboarding process in terms of activating their community and encouraging liquid staking and qREGEN usage. Quicksilver is their first liquid staking provider.

The qREGEN pool is on Osmosis. We’ve incentivized it with QCK.

Q: What chains are next on the roadmap for onboarding?

Joe: The first chain we’re looking at is Juno, which should be a few weeks away. Juno’s relatively similar on the back end to chains we’ve already onboarded. The other two chains the team is working on are Evmos and Injective; those chains require more back-end work, so I can’t share timelines on those yet. You can expect them to be coming, though.

QCK Token Launch

Q: Inflation is new on the Quicksilver chain. Walk us through inflation & how it supports the overall strategy of the protocol.

Joe: Inflation is distributed into four main buckets. They each serve a different purpose in supporting the chain and incentivizing community participation.

Bucket 1 is staking rewards. These are given out to users who secure the network by delegating tokens to a validator. Quicksilver has a similar model to other proof-of-stake chains in Cosmos in this way. You would stake your QCK tokens using Keplr wallet or any other wallet like Leap.

Currently, Quicksilver’s staking APR is quite high — about 78% — but overall inflation is only 25% in year 1. At the end of this year, the 25% inflation will be reduced by another 25%. This inflation number is comparable to established Cosmos chains and will be sustainable for project growth. The inflation rate is controlled by governance, meaning the community can vote to change it.

Bucket 2 is the incentives pool. This is a catch-all pool for incentives to encourage protocol usage, including airdrops and incentives on qAsset pools. The incentives pool is controlled by governance. At Genesis, over 100M tokens were allocated to this pool.

The first airdrops and incentives that you’ve seen now, like the Stargaze airdrop and the qSTARS incentives, were not from the incentives pool, since that’s governance controlled. These first incentives were sent by the Foundation. It’s possible that one day in the future there will be a proposal to repay the Foundation for these incentives. However, if that proposal doesn’t pass, the Foundation would abide by it and foot the cost of those incentives.

Bucket 3 is the community pool. This is a pool similar to what other Cosmos chains have for their communities and is controlled by governance. Anyone can propose spending for the community pool for a project that they think will contribute to the ecosystem.

Bucket 4 is participation rewards. This is a new feature on Quicksilver that is different from other liquid staking providers. With participation rewards, users who stake to performant and decentralized validators will receive a bonus APY paid in QCK. The participation rewards score is calculated using on-chain data, such as a validator’s governance participation percentage and cumulative voting power.

The purpose of participation rewards is to incentivize people to stake to smaller validators who are active in the ecosystem and to encourage people to be more mindful about which validators they’re staking to. Now, they have a reason to investigate their potential validators when they research the factors that went into that validator’s participation rewards score. This participation rewards score will become a core part of the validator allocation process on Quicksilver protocol.

Q: Is participation rewards a live feature? Or is it coming soon?

Joe: The participation rewards feature is included with our claims module, which will be in the next big release of Quicksilver. Pending any mid-term releases to solve production issues, participation rewards should be in the next major release.

Q: The QCK token was listed on Osmosis DEX last month. How did the launch go? Why did the team choose to list it as a QCK:OSMO pair?

Vish: The QCK token launch went really well. Our major goal during the initial launch period was to ensure there was enough QCK token in the market to allow smaller traders to get access to QCK without slippage, and we achieved that goal.

The QCK:OSMO pair was chosen for a few reasons. One reason was that the OSMO token has deep liquidity on the Osmosis DEX since it’s the native token. When a user swaps USDC:QCK or ATOM:QCK, they’ll be routed through the corresponding OSMO pool pairs, like OSMO:USDC or OSMO:ATOM. The OSMO-paired pools are quite deep and will provide better rates and less slippage than if a user had to route through smaller pools or the swap had to do more hops.

Another reason we chose OSMO is that it’s easily accessible and most users are familiar with the token since Osmosis DEX is the largest in Cosmos. They wouldn’t need to do any IBC transactions to deposit tokens in order to buy QCK on Osmosis, for example. Overall, the QCK:OSMO pair is accessible and friendly for all traders, including smaller traders.

Stargaze Airdrop Highlights

Q: Quicksilver recently airdropped over 220,000 QCK tokens to the Stargaze community. Who was eligible & how did the airdrop work?

Joe: There were two main groups who received the Stargaze airdrop.

The first group was Stargaze stakers. There were 3 different snapshots that determined eligibility, and the last snapshot was in December 2022. A user’s stake was averaged across all 3 snapshots. This means that a user who staked in May 2022, during the first snapshot, but unstaked for the June and December snapshots, received about 1/3 as much allocation as someone who had been staked for all 3 snapshots. This was done to reward long-term stakers, who staked to secure the chain, rather than those who just staked to earn airdrop eligibility. The minimum average stake for a staker to be eligible for the airdrop was 333 STARS, about $10 USD at the date of the last snapshot. There was a whale cap as well.

The second group who received the Stargaze airdrop was STARS depositors on the Quicksilver protocol. This was done to reward the early users of the protocol. The snapshot for this group was taken just before the airdrop went out at the end of March, and the minimum was quite low, only about 100 STARS, or $2 USD. This meant that most depositors who used the protocol were eligible to receive the airdrop.

Q: Can you walk us through how the airdrop allocations worked?

Joe: Quicksilver looked at how users staked, not just how much they staked, in calculating airdrop multipliers. There was an aggregate of on-chain data looked at to evaluate which validators the user chose when staking. Factors like the validator’s voting participation, slashing rate, and uptime were calculated, and used in the multiplier calculations.

We want to inspire users to be intentional in how they stake and cause them to think about the validators they choose. It’s a behavior that Quicksilver wants to encourage in the ecosystem and encourage in the community. It will help decentralization and sovereignty in users as they become more intentional about the validators they choose. Future airdrops will also consider these factors.

Q: What might be different for the upcoming airdrops?

Vish: While the core philosophy of the airdrops will remain the same, supporting decentralization and a fair distribution of QCK in the ecosystem, there will be major updates to the user experience for future airdrops.

We’re working on a sleek new front end that will allow users to see the total airdrop that they’d be eligible for, and the tasks they need to complete in order to unlock the airdrop. The total claimable amounts are likely to be larger, too. This method will leave claims open for longer to give people time to complete their tasks and claim their full amount. It will offer a much more transparent view to the user about how much they are entitled to and exactly what they need to do to receive that amount. It’s going to be quite cool.

To prepare for this, make sure to watch for the announcements that the new front-end display is open, so you can start completing the tasks and claiming the airdrop.

Joe: There are two other factors for future airdrops. One is that the total quantity of QCK tokens for the other airdrops will be different. ATOM, for example, is likely to be much larger, since we’re looking at the market cap of the token to set the total airdrop amount, and ATOM’s market cap exceeds that of Stargaze.

The other factor has to do with claims. The front-end display for claims will be open for a particular airdrop for a long period of time. As the days pass, the total claimable amount per user will decrease. This means that performing the tasks and claiming earlier will entitle you to your full allocation, but if you wait, then you’ll receive less. Any unclaimed tokens at the end of the airdrop will be clawed back and send to the Incentives Pool for the benefit of the community.

Other Development Updates: Claims Module

Q: One of the big development areas the Quicksilver team is working on is the Claims Module. Can you walk us through what the claims module is and how it is unique in Cosmos?

Joe: The claims module is new code we’re building, and to our knowledge, no other protocol in Cosmos has something like it. It works by tracking qAsset ownership across chains, solving the issue that most IBC chains face of being unable to verify whether a user has assets on another IBC chain that pertain to their address. The “claim” itself is a cryptographic proof that a user owns X number of qAssets, regardless of where on the IBC they are, at a given point in time.

The biggest benefit of the claims module is that even if a user’s qAssets are on another chain or locked in a protocol not on the Quicksilver chain, the user can claim their participation rewards, and have their delegation intent respected, on behalf of their underlying assets.

One of the other beneficial parts of the claims module is that it will use AuthZ, which will enable the user to authorize automatic claiming of participation rewards. This will make the user experience much more seamless. They will be able to have their qAssets anywhere in DeFi and still have automatic rewards claiming on Quicksilver.

We’re taking a thorough approach to testing this module. Some portions of the module’s code have been adapted from other places in Cosmos and we can utilize those results to inform our testing strategy. Other portions of the module are totally new, or we’re combining existing modules in new ways. It’s a complex module and requires attention to detail, so the team is extremely focused.

Business Development Updates

Q: The team has had fantastic updates in business development and partnerships recently. Would you walk us through them?

Vish: We’ve had several great partnerships come to fruition in the last few weeks. One of them is the ATOM Accelerator, a Cosmos Hub entity that focuses on innovation for the Hub. They’ve committed to staking over 10% of their total ATOM stake on Quicksilver. It’s a great win for us and for liquid staking adoption.

Another partnership we have is with Keplr wallet. They’ve added us to their dashboard as the liquid staking provider listed for each onboarded chain. If you go to http://wallet.keplr.app/, and view one of our onboarded chains, like Cosmos Hub or Stargaze, you’ll see a tab that says “liquid staking” which redirects to our protocol. This should be great for stake acquisition for us.

TFM Bridge added Quicksilver for qAsset and QCK transfers, too. They have a comprehensive interface that lets you easily transfer all your qAssets at once to different chains. Right now, the most useful chain is Osmosis, but as we onboard to other chains like Umee, it will be handy to have this bridge available.

We’re also keeping tabs on community discussions about the LSM. One discussion is open on Regen Network and another one is on the Cosmos Hub. Our team is taking a big part in them. We anticipate that the LSM will increase liquid staking adoption, and we’re ready to support the LSM when it’s live.

Finally, Shade Protocol is going live today. Shade focuses on liquid staking tokens. We’re working on getting a pool set up there in the very near future, likely within a couple of weeks. Stay tuned for this news.

Audience Questions

Q1: If I want to make my own front-end in order to stake tokens, do I just have to send to the same account an amount of token with always the same memo each time I want to stake? Is this method sustainable or do I have to refresh the memo or the account I send my tokens to sometimes? is there any other way to achieve it?

Joe: Yes, you’re correct — the deposit flow is a MsgSend to the deposit account. The memo is a base64 encoded byte-string with 21 bytes per validator chosen.

bytes[0] = an integer between 0 and 200 (0% -> 100% in 0.5% increments) bytes[1..21] = validator address bytes

If you require your front end to always delegate to your validator, a constant address string would work.

Q2: Given that stAtom, StkAtom, rAtom and qAtom are all derivatives of the same underlying asset, would it be possible to create something that would allow for 1–1 swaps in a similar manner to Curve?

Vish: For sure, this is possible. The reason it hasn’t happened yet is likely that many of the liquid staking providers are relatively new and a pool like this would work better for protocols that have been around longer, where users are swapping between their tokens. On the other hand, the LSM’s launch could mean that we don’t actually need a pool like this. It has the possibility to make it seamless for a user to switch between liquid staking providers without having to unbond their assets first.

Q3: Connecting the transactions from “Stake” to receiving qAssets on Quicksilver with the corresponding exchange rate is relatively hard. This makes bookkeeping for tax purposes not fun. Is there anything planned/ongoing that would simplify this for 2023 taxes? (e.g.: working with mintscan/stake tax, integrating a “wallet history” into quicksilver app…)

Joe: This is something that we’re working on for this year. We need to work with the individual block scanner providers to make it happen. It definitely will make taxes easier to have this set up.

Q4: When you stake with Quicksilver, you can choose your validator. People could also choose inactive validators. How will that impact the price of qAssets?

Joe: Right now, this is not an issue, as stakes are allocated evenly amongst all the active validators. Even though the inactive validators are appearing in the list, they’re not receiving the stake.

Once signaling intent is live, it will be possible to allocate to an inactive validator. If a huge amount of tokens go to inactive validators, this could mean that the redemption rate of a qAsset decreases versus what it could be otherwise. It wouldn’t impact ‘price’, per se.

At the same time, staking to inactive validators isn’t all bad, because inactive validators need to get more stake in order to become active. Users will be permitted to stake to validators who are inactive as it could help the set become more decentralized, and give new validators a chance. At the same time, the user wouldn’t earn participation rewards until that validator becomes active, since participation rewards factor in validator performance. We’re interested in making sure that the user is intentional in their choice and is aware that they’re staking to an inactive validator.

Q5: What is the plan for the future of QCK tokens?

Vish: Top of mind, what we’re thinking for QCK tokens is to expand their availability throughout the Cosmos ecosystem, the same way we’re focusing on qAsset use cases. QCK tokens could be used as collateral on a protocol like Umee, for example. At the same time, it’s our top priority to expand use cases for qAssets first and foremost. qAssets are the biggest lever for growth for Quicksilver. We’re focusing much more on qAsset usage than on QCK token usage in the near term, while keeping our options open to expand QCK usage.

Q6: Does Quicksilver technology only rely on liquid staking? How will Quicksilver build a long-term and sustainable business around liquid staking? Does Quicksilver plan to expand into a DeFi platform, trading platform, NFT launchpad, etc.?

Vish: The short answer is, No, Quicksilver’s technology doesn’t only rely on liquid staking. However, there’s a lot of landscape to still be developed and innovated for liquid staking. Our claims module will make it possible to evolve many concepts like on-chain insurance scores that nobody has done before, and make liquid staking an even more robust experience.

We’ve talked about how we plan to enable Cosmwasm. This would mean that community developers and projects could build on Quicksilver. Croncat’s expressed interest in setting up an outpost, for example. At the same time, we’re focusing on liquid staking first, so we don’t become just another generic smart contracting platform. It’s important to build out what we set out to build and expand our offerings to create a compelling long-term value proposition for Quicksilver liquid staking.

Q7: When is the next foundation delegation program for validators?

Joe: The foundation delegation program applications will reopen in May. The applications were opened and reviewed prior to Quicksilver’s launch, and the initial allocations were distributed at launch. The program will be renewed every six months moving forward.

One of the big deciding factors for foundation delegations is community participation. The more active a validator is, the better their chances will be of receiving a foundation delegation. This means that making infographics, translating our announcements and Medium articles, and growing our community are all appreciated and will factor into the foundation’s decision about delegations.

Additionally, geographic and vendor decentralization, historical governance participation, and slashing history will all factor into which applicant validators receive delegations.

Closing

Q: We’re at our time limit for today. Are there any final thoughts you’d like to share with the community?

Joe: I’d like to say that we’re grateful to all of you for being here, and for listening today. Quicksilver is what it is because of our community.

Vish: I agree. Thank you all for coming, and a huge thank you to our community all over the world. We’re glad to be here.

—

Quicksilver is the interchain liquid staking protocol for the Cosmos ecosystem and beyond.

• Medium: https://medium.com/quicksilverzone
• Twitter: https://twitter.com/quicksilverzone
• Discord: https://discord.gg/quicksilverprotocol
• Telegram: https://t.me/quicksilverzone

Quicksilver’s April 2023 Town Hall Recap was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

This article is a recap of Quicksilver’s development and project progress for Q1 2023 and an updated roadmap on core features for the remainder of 2023. Quicksilver has onboarded four new chains for liquid staking, the QCK token has launched, and more.

ATOM, OSMO, REGEN, STARS are Available for Liquid Staking

Quicksilver protocol has onboarded four major Cosmos Zones for liquid staking. A chain being onboarded means that users can stake their ASSET, such as ATOM, and receive a liquid staked qAsset. qAssets can be used in DeFi for swapping, pooling, and more.

Liquid-staked assets earn autocompounded staking rewards through Quicksilver, which generate a higher APY than normal, non-auto-compounded staking rewards.

Stargaze Zone

Stargaze Zone was onboarded onto the Quicksilver protocol in January and 2,000 individual wallets staked in the first two weeks of the zone’s onboarding. The team opened a qSTARS:STARS pool on Osmosis Frontier and incentivized it in STARS token, meaning liquidity providers receive rewards in STARS. The APR on this pool is 100% as of this writing.

Cosmos Hub

Following the Cosmos hub’s security upgrade to ibc-go v.3.3.0, the Quicksilver team onboarded the Cosmos Hub onto the protocol in February. Momentum has been strong, and over 30,000 ATOM were staked in the first week. A qATOM:ATOM pool is open on Osmosis and is incentivized in ATOM.

Regen Network

Regen Network was onboarded onto Quicksilver for liquid staking in mid-March. Regen chose Quicksilver as their first liquid staking provider and enabled ICA in order to onboard onto the platform. A big thank you to the Regen community for choosing Quicksilver! A qREGEN:REGEN pool is live on Osmosis Frontier and is incentivized in QCK.

Osmosis Zone

The most recent addition to Quicksilver is Osmosis Zone, host to the Interchain’s largest decentralized exchange. We are thrilled to extend a warm welcome to the Osmosis community as they join the Quicksilver ecosystem. A qOSMO:OSMO pool will be opened on Osmosis soon.

QCK Token DEX Listing

The QCK token listed on the Osmosis DEX. The LP pair is QCK:OSMO. QCK holders control the Quicksilver protocol, delegate tokens to secure the chain, receive rewards in QCK and in ATOM/STARS/REGEN, and more. Read more about QCK utility below.

Read about QCK utility & QCK incentives and liquidity.

Quicksilver Chain Inflation

Inflation has started on the Quicksilver chain as of Monday, March 20. Inflation empowers Quicksilver by incentivizing stakers to secure the chain, supporting decentralization on native chains onboarded to the protocol, incentivizing protocol adoption and usage, and supporting the Quicksilver community.

To support this vision, inflation emissions will be distributed as follows:

• 80% to Staking Rewards
• 10% to Participation Rewards
• 7% to Incentives Pool
• 3% to Community Pool

The inflation rate will be 25% in the first year, after which it is expected to drop by 25% per year. Inflation can be changed by governance, meaning QCK holders will be able to vote on QCK inflation rates & distribution.

Read more about inflation & QCK tokenomics on Medium.

The First QCK Airdrop is Completed: Stargaze

Quicksilver airdropped more than 220,000 QCK in the first QCK airdrop of many, distributing QCK tokens to eligible Stargaze stakers & to users who minted qSTARS on the Quicksilver protocol.

The Quicksilver airdrop philosophy considers the way users stake, and not just how much. Staking to a decentralized validator with a high governance participation record can help increase one’s airdrop multiplier. Each validator’s voting records & voting power are calculated using on-chain data. The more decentralized & active in governance a validator is, the higher its multiplier score.

As a reminder, the Stargaze airdrop is just the first of many airdrops. Airdrops will continue periodically to thank users who liquid stake their native chain tokens using the protocol; therefore, stakers of ATOM, OSMO, REGEN, and so on will be eligible for later airdrops.

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.

Wallet Integrations on Quicksilver dApp

In our push towards decentralization and accessibility, Ledger, Keplr, Cosmostation, and Leap are now supported on the Quicksilver protocol dApp. In addition, Leap, Keplr, Cosmostation, and Citadel have integrated Quicksilver blockchain staking into their wallet app so that QCK token holders can stake QCK tokens to their preferred validator to secure the Quicksilver blockchain.

What’s Next

Upcoming Chain Onboards

The next chain that is planned to be onboarded onto Quicksilver is Juno. Other chains that are upcoming will be announced at a later date.

Quicksilver in 2023: A Hotbed of Innovation

Quicksilver is committed to its mission of bringing decentralized liquid staking to the entire Cosmos IBC. The team is hard at work deploying features from the existing project roadmap, and looking forward to adding new innovations later this year.

We are grateful to the community of stakers, validators, and partners who make Quicksilver possible and excited about what is to come.

—

Quicksilver is the interchain liquid staking protocol for the Cosmos ecosystem and beyond.

Medium: https://medium.com/quicksilverzone

Twitter: https://twitter.com/quicksilverzone

Discord: https://discord.gg/quicksilverprotocol

Telegram: https://t.me/quicksilverzone

Q1 Wrap Up & 2023 Roadmap Update was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

Thank you to the team at Osmosis Community Updates for their collaboration on this article.

Quicksilver liquid staking protocol has onboarded the Osmosis chain! Holders of OSMO tokens will now be able to stake their OSMO and receive qOSMO for use in DeFi. Liquid staked OSMO receives compounded staking rewards. It is a major step for Quicksilver to onboard the leading AMM and DEX in Cosmos, and we are looking forward to welcoming the Osmosis community to Quicksilver.

Get to Know Osmosis

Osmosis is the first decentralized exchange powered by the Cosmos SDK and IBC. It has long been the leading DEX in Cosmos in terms of depth of liquidity and had >$17bn USD in trading volume in 2022. The DEX offers permissionless listings for IBC-enabled tokens, standard asset pools, stableswap pools, incentivized pools, and non-IBC assets bridged from Ethereum and Polkadot.

Osmosis is a layer 1 app chain in addition to a DEX. In 2022, the Osmosis team launched Superfluid staking, where the underlying OSMO in an LP position can be staked to secure the network and the user can receive both LP and staking rewards. In 2023, the appchain welcomed Avalanche, giving Cosmos access to the seventh-largest DeFi ecosystem in the world and bringing EVM-compatible stablecoin liquidity & users to Cosmos.

The Osmosis ecosystem is fast-growing. Skip Protocol has brought MEV revenue capture, and Mars Protocol has brought borrowing and lending to the chain. Regen Network plans to host an on-chain carbon market on Osmosis and has built a custom bridge to facilitate this effort.

Most of all, Osmosis’s community contributes to its continued expansion. The community contributes to governance, manages a DAO with multiple subDAOs, and runs a host of Osmosis news channels, social media accounts, and community clubs. Quicksilver is thrilled to offer liquid staking & qOSMO to the vibrant Osmosis community.

The OSMO Token

OSMO is the Osmosis chain’s utility and governance token, and OSMO rewards are a significant portion of incentives given out on the DEX. Holders of OSMO can vote via governance on incentive provisioning for the pools on the DEX. They can also earn OSMO rewards for staking to secure the chain.

• Tokenomics: https://medium.com/osmosis/osmo-token-distribution-ae27ea2bb4db
• Coinmarketcap listing: https://coinmarketcap.com/currencies/osmosis/
• Coingecko listing: https://www.coingecko.com/en/coins/osmosis

Get in Touch with Osmosis

• Website: https://osmosis.zone/
• Telegram: https://t.me/osmosis_chat
• Discord: https://discord.com/invite/osmosis
• Reddit: https://www.reddit.com/r/OsmosisLab/
• Official Twitter: https://twitter.com/osmosiszone
• Community Updates Twitter: https://twitter.com/OsmosisCC
• Support Lab: https://twitter.com/OsmoSupportLab
• Github: https://github.com/osmosis-labs/osmosis
• Blog: https://osmosis.zone/blog

—

Quicksilver is the interchain liquid staking protocol for the Cosmos ecosystem and beyond.

Medium: https://medium.com/quicksilverzone

Twitter: https://twitter.com/quicksilverzone

Discord: https://discord.gg/quicksilverprotocol

Telegram: https://t.me/quicksilverzone

Osmosis Zone Liquid Staking is Now Available on Quicksilver Protocol was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.

The QCK token listed on Osmosis DEX last week in a QCK:OSMO pool, and today, QCK incentives are live on the pool. QCK incentives have also gone live on the qREGEN:REGEN pool on Osmosis. These changes mean that QCK is now available for the greater Cosmos community, and is actively being traded on Osmosis.

As many users have been asking questions about how QCK was distributed, how they can acquire QCK now, and the utility of QCK, this article will provide a quick recap on the QCK token.

QCK Token Supply Distribution

QCK is new on the market, and the supply is being distributed in several ways.

1. QCK is distributed as incentives on Osmosis qAsset pools (more on this below).
2. QCK was distributed as incentives for Testnet participants, a portion of which became liquid on March 17 (see below).
3. QCK is sent out as airdrops to the communities of chains that onboard onto the protocol, such as this week’s Stargaze airdrop. Each onboarded chain will receive its own airdrop, meaning that the Cosmos Hub & Regen communities will receive an airdrop, and new chains that are on the roadmap will get airdrops after they are added to the protocol.
4. QCK is distributed as staking rewards to users who delegate their tokens to a validator to secure the Quicksilver chain.
5. QCK is available on the Osmosis DEX via the QCK:OSMO pool, where any user can acquire QCK via swapping.

Since QCK token is available in many ways, a user can elect to passively receive QCK through airdrops or by providing liquidity to an incentivized pool, or actively trade the token. Quicksilver is about user sovereignty, and you are free to engage with the QCK token in the way that works best for you.

Liquidity Pool Incentives

QCK incentives are active on several pools on Osmosis DEX, and coming to others soon.

Active QCK Incentives:

• QCK:OSMO: https://app.osmosis.zone/pool/952
• qREGEN:REGEN: https://app.osmosis.zone/pool/948

Active Native Token Incentives:

The following pools are incentivized in the native token (ATOM, STARS). After those incentives are completed, Quicksilver plans to convert to QCK incentives for these pools.

• qATOM:ATOM: https://app.osmosis.zone/pool/944
• qSTARS:STARS: https://app.osmosis.zone/pool/903

QCK Token Genesis Supply Allocation

The genesis allocation of QCK & genesis vesting schedule is as follows:

Information on inflation, including how inflation is set by governance, is located in the previous Medium article.

QCK Token Liquidity

The current circulating supply of QCK is a small percentage of the total supply. Much of the supply is entering the market via ongoing incentives, already staked to secure the chain, or locked in vesting accounts, such as those belonging to the Testnet participants.

A token with a small circulating supply may become illiquid. For example, a large buyer could buy up much of the supply from the pool, making it difficult for smaller traders to acquire the token without losing capital to slippage, including in basic swaps like cashing out rewards.

To help ensure there is an adequate supply of QCK tokens in the QCK:OSMO pool, the liquidity supplied by the Quicksilver Foundation to seed the QCK:OSMO pool on Osmosis DEX is managed by a professional market-making firm. The firm also supplies the OSMO to match the QCK allocation from the Foundation.

Market-making firms are specialized in managing liquidity 24/7 with robust risk management systems to predict and mitigate extreme liquidity events. When the supply of QCK gets low, the market maker adds more QCK to the pool to match the demand for QCK, thus helping to mitigate volatility and reducing slippage fees for traders. This is crucial since the QCK supply unlocks gradually and the initial circulating supply is low. When the market-making program completes, any and all QCK-related rewards incentives will be sent to the community pool.

QCK Token Utility

The QCK token utility is spelled out extensively in our last Medium article. Below is a short summary:

• Participate in Governance — Determine the future of Quicksilver and vote on key metrics, such as incentives distribution and inflation
• Paying Fees — Pay transaction fees on the Quicksilver chain
• Staking — Receive additional QCK as staking rewards for securing the chain, and receive native token revenue distribution in tokens such as ATOM and STARS

What’s Next for QCK

The supply of the QCK token unlocks gradually over time, and the community has governance over incentives distribution and inflation. The QCK token holders own Quicksilver. The community’s voice will set out the path forward for the dissemination of QCK throughout the Cosmos ecosystem.

—

*The allocation for future investors is contained in the Foundation multisig.

Quicksilver is the interchain liquid staking protocol for the Cosmos ecosystem and beyond.

• Medium: https://medium.com/quicksilverzone
• Twitter: https://twitter.com/quicksilverzone
• Discord: https://discord.gg/quicksilverprotocol
• Telegram: https://t.me/quicksilverzone

QCK Token Incentives & Liquidity Update was originally published in QuicksilverZone on Medium, where people are continuing the conversation by highlighting and responding to this story.