Quadrant is now on Kyber Network

I’m pleased to announce that eQUAD are now available in the Kyber Network.

Kyber’s on-chain liquidity protocol allows for decentralized token swaps, providing our users a new avenue to obtain our tokens seamlessly. eQUAD is now live on the Kyber Liquidity Network and available on Kyber Swap.

Trusting tokens

Quadrant Protocol, as always, is pushing for enhanced enterprise adoption of blockchain. Given more business applications are starting to utilize blockchain technology and build Dapps, we chose to work with Kyber for a few reasons:

1. Trust — Kyber is an on-chain solution from an industry leading, trusted player for tokens swaps. Testament to this was HTC’s integration of Kyber’s liquidity protocol into its first native web 3.0 blockchain phone earlier this year.

2. Industry Trend — We believe the future of utility tokens will include the ease to switch tokens between business applications. Our partnership with Kyber enables us to be part of this trend as businesses start the earn utility tokens and spend them in other networks.

3. Security — While centralized token exchanges have their place, there are inherent problems including hacking and/or exit scams, with one recent example including Coinbene’s current “maintenance” issues.

Growing demand

As more enterprise blockchain projects are deployed and more business applications are launched, the result will be industry-wide increased demand for the usage of tokens to interact with complementary projects.

Security will be a major aspect when obtaining tokens, and Kyber’s reputation as a trusted, decentralized token swap platform will ensure we at Quadrant Protocol remain on the right side of that debate.

Mike Davie
Founder & CEO, Quadrant Protocol