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Quadrate - EVM + CosmWasm native consumer chain with native algorithmic stablecoins

Hub Relations5 posts630 views2 likesLast activity Jun 2023
OX
oxltiOP
Jun 2023 1

Introducing Quadrate — The fastest and most secure EVM + CosmWasm consumer chain. Quadrate is the fastest and most secure layer-one consumer chain that supports CosmWasm & EVM compatible smart contracts and protocols. Quadrate powers decentralized, algorithmic fiat-pegged stablecoins for price-stable global payments system and massive crypto adoption. Quadrate Stablecoins represent a family of decentralized and algorithmic stablecoins within the Quadrate blockchain backed by $ATOM. These stablecoins are designed to maintain stability and are pegged to fiat currencies. The primary stablecoin in this ecosystem is QuadrateUSD (USQ), which serves the Quadrate community by providing value and addressing the scalability issues that other leading stablecoins like Dai encounter. By offering enhanced scalability, precise interest rate calculations, and seamless interchain functionality, Quadrate Stablecoins aim to provide users with an elevated experience in the realm of decentralized finance (DeFi). Deeper into Quadrate stablecoins: medium[.]com/ @Quadrate /what-are-quadrate-stablecoins-ec61b6499886 Deeper into Quadrate: medium[.]com/ @Quadrate /introducing-quadrate-ac562445f79e…

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JA
jacobgadikian
Jun 2023

I’m no cause the scope is so wide sorry.

If it was a native stable without the vms I’d be very interested.

OX
oxlti
Jun 2023 1

I already explained this to you in telegram.
By enabling EVM and CosmWasm we allow developers from the Cosmos and Ethereum ecosystems to integrate their dApps to our consumer chain, thereby increasing stablecoin utility. What is the use of a stablecoin if there is no usecase for it? The reason why Terra USD was used was the ecosystem where it was possible to use a stablecoin. Moreover, Cosmos Hub needs an EVM consumer chain, but our stablecoin infrastructure is based on CosmWasm.

JA
jacobgadikian
Jun 2023

Yep, are you familiar with the unix philosophy?

Cosmos let’s you do that with blockchains

OX
oxlti
Jun 2023

Yep. I want to note that at a fundamental level, we are focusing on stablecoins, and two virtual machines are just features.

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