The IQ token is expanding in Korea onto Klaytn, a leading blockchain developed by internet giant Kakao corp, which operates Sout
21 Jan 2022, 10:04
The IQ token is expanding in Korea onto Klaytn, a leading blockchain developed by internet giant Kakao corp, which operates South Korea’s biggest messaging and social media service.
Klaytn itself has a large ecosystem of dapps and KLAY, the platform’s token has a market cap of over $3 billion.
IQ holders can now bridge from Ethereum to Klaytn through the Orbit Bridge developed by Ozys. Ozys is the company behind KLAYswap, the leading DEX on Klaytn has over $1 billion in total value locked and Orbit Chain, a leading IBC protocol in the DeFi space.
This is only the first step in the IQ token’s expansion onto Klaytn, expect to see the IQ protocol collaborate with major decentralized applications on Klaytn like KLAYswap soon…