Quicksilver Protocol: Looking forward to 2025
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!
