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    Home ยป HAQQ Improves ShariahCompliant DeFi with evmOS Upgrade
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    HAQQ Improves ShariahCompliant DeFi with evmOS Upgrade

    By adminMay. 23, 2024No Comments2 Mins Read
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    HAQQ Improves ShariahCompliant DeFi with evmOS Upgrade
    HAQQ Improves ShariahCompliant DeFi with evmOS Upgrade
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    HAQQ Network, a Shariah-compliant DeFi platform, has recently partnered with evmOS to enhance its offerings for developers and users. This collaboration leverages the capabilities of the evmOS technology stack to provide accessible, sustainable, and Shariah-compliant financial solutions.

    The upgrade to evmOS marks a significant milestone for HAQQ Network, allowing developers to create complex smart contracts and dApps with ease. With improved cross-chain compatibility and development capabilities, obstacles like scalability, performance, and connectivity are no longer a concern.

    By utilizing evmOS’s pre-enabled IBC connections to leading Cosmos SDK chains, such as Osmosis and Stride, HAQQ developers and users gain access to a wide range of liquidity across multiple DeFi applications and services. The stateful precompiles, known as EVM extensions, offer advanced DeFi features like liquid staking, automated vaults, and algorithmic trading strategies.

    Furthermore, evmOS’s ‘Single Token Representation’ feature simplifies token management by bridging the gap between Cosmos and ERC-20 formats, allowing developers to focus on innovation without unnecessary overhead.

    Islamic Coin, the native asset of the HAQQ network, is tailored for interest-free investment, halal trading, and charitable giving, blending modern fintech with Islamic principles. The collaboration between HAQQ and evmOS aims to revolutionize the DeFi space with inclusivity, efficiency, and ethical standards at the forefront.

    Together, they are set to embark on a journey of innovation and transformation in the world of finance, promising a future that combines tradition with technological advancement. Stay tuned for the exciting developments as HAQQ and evmOS pave the way for a new era of ethical DeFi revolution.

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