Quai Network achieves multi-chain through Wormhole, $QUAI/$QI supports native cross-chain

PANews reported on September 10th that Quai Network has officially integrated with Wormhole. Quai will leverage Wormhole's core messaging layer to enable seamless asset transfers from over 40 chains to its scalable PoW ecosystem. Quai will also leverage Wormhole's NTT (Native Token Transfers) standard to enable multi-chain native deployment of $QI and $QUAI.

Quai is the world's first energy-based monetary system. Consisting of a sharded EVM-compatible blockchain and leveraging the innovative Proof-of-Entropy-Minima (PoEM) consensus, it boasts a throughput of 255,000 transactions per second (TPS) without sacrificing decentralization. $QUAI is its native token, and $QI is its decentralized "energy dollar." Quai aims to create a stable, low-cost environment for payments, DeFi, SocialFi, NFTs, and other use cases.

Wormhole NTT (Native Token Transfers) is an open and composable multi-chain native token transfer standard that enables cross-chain token migration without relying on traditional cross-chain liquidity pools, preserving token metadata and supply characteristics, and reducing transaction fees and operational complexity.

It is reported that this integration means a significant improvement in ecological interoperability: users can more conveniently use $QUAI and $QI directly on more mainstream chains, developers can build dApps with native tokens in a multi-chain environment, reducing the burden of bridging and liquidity management, and ecological applications will be easier to connect to existing wallets and infrastructure, thereby promoting the availability and popularity of Quai and expanding its influence on the entire crypto ecosystem.