Convert First Digital USD FDUSD to Wrapped QUIL WQUIL

What is the project about? First Digital USD (FDUSD) aim to revolutionize the digital asset landscape. Our mission is to empower users with a transformative financial instrument that combines the stability of cash reserves with the seamless efficiency of advanced blockchain technology. By offering a fully collateralized digital asset, our stablecoin ensures the utmost security, transparency, and transaction reliability. This strategic fusion of traditional stability and cutting-edge innovation allows users to confidently navigate the digital economy, unlocking a world of possibilities while maintaining the utmost trust in their financial interactions. What makes your project unique? Transferable: FDUSD enables frictionless and streamlined transactions, rendering it a convenient choice for a wide range of applications and scenarios. Redeemable: FDUSD is backed by high-quality reserves- cash and cash equivalents, which enable holders the ability to redeem their FDUSD tokens for their equivalent value in US dollars. Users can trust that FDUSD is always 1:1 backed. Low Fees: One notable benefit of FDUSD is its ability to offer cost-effective transactions with minimal fees. Unlike traditional financial transactions, this cost-efficiency makes FDUSD an attractive and economical choice for users. Operates on Decentralized Networks. FDUSD operates on decentralized networks that are distributed across multiple nodes. In so doing, it enhances transparency, security, and resilience. Bankruptcy Remote FDUSD is designed to be bankruptcy remote, with the reserves held in segregated accounts on a registered trust company, separated from the issuer’s operational accounts. It ensures the stablecoin remains stable and secure. History of your project. Established in 2019, First Digital is Asia’s leading multi-faceted trust partner bridging the gap between the traditional and digital financial worlds.

Quilibrium, the decentralized MPC platform as a service — This is NOT an official account. It is maintained by the ℚ-community. What is Quilibrium? Quilibrium is a decentralized internet layer protocol, providing the creature comforts of Cloud without sacrificing privacy or scalability. With familiar API-compatible SDKs, switching to NoCloud may be easier than you think. A New decentralized network model which leverages techniques that differ from common block chain constructions. Directly, it does not build consensus around a block chain, but indirectly, a block chain or any other data structure may be maintained within the shards of the hypergraph. Quilibrium’s network design utilizes cryptographic approaches to provide unforgeably valid transitions of state, such that adverse conditions are structurally impossible, and malicious behaviors are implicitly punishable by removal and reveal.