Qredo Network: Everything you need to know
What is Qredo Network
Qredo is a cross-chain liquidity protocol that provides a secure institutional-grade decentralized custody and layer-2 peer-to-peer trading network.
Qredo’s mission is to transform the way institutions hold and manage their cryptocurrencies.
In a sense, Qredo is an operating system for the DeFi ecosystem, as it is an open protocol that allows institutional traders to move their digital assets securely in real-time.
Qredo Network has 3 amazing features:
1. Qredo’s cross-chain nature, which allows atomic cross-chain swaps.
2. A unique implementation of decentralized Multiparty Computing (dMPC).
3. A new Layer 2 that is compatible with almost all Layer 1 blockchains.
If you want to know more about Qredo Network, please visit the project’s page on the Crypto Birds Platform.
The QRDO token
Qredo Network’s token is QRDO, a utility and governance token based on the ERC-20 standard of the Ethereum network.
A total of 2 billion tokens will be issued, of which 1 billion QRDOs have already been created.
Currently, Qredo has farms on its platform where you can block your QRDOs to get very interesting returns.
You will be able to find QRDOs on major exchanges, both centralized and decentralized.
Main features
Qredo Network is online
Qredo Mainnet was launched in November 2020. The protocol is fully audited, verified and secured, and is growing fast!
Qredo stands for maximum security
Qredo’s implementation of decentralized multi-party computing (dMPC) brings a new paradigm in cryptographic security by eliminating private key risk.
Qredo unlocks value in a multi-chain universe
Cross-chain liquidity and ultra-fast transactions are an outstanding feature of Qredo’s Layer 2 network, enabling institutions to do more with their cryptocurrencies.
Qredo is crypto for Institutions
Qredo’s radical new infrastructure provides institutional-grade custody through secure, decentralized dMPC, bringing greater control over how cryptoassets are managed and deployed, including access to DeFi opportunities and the ability to exchange and transfer assets instantly.
Qredo is built by a uniquely talented team
Qredo employs a world-class team of crypto wizards, startup veterans, legal specialists and blockchain developers with decades of combined experience.
Qredo stays true to Satoshi’s ethos
Qredo extends Satoshi’s Bitcoin philosophy to private key management, completely eliminating the need for trusted third parties.
Qredo offers a unique, user-centric token model
Qredo’s innovative token model rewards all network participants, not just liquidity providers and validators, by merging the features of “utility tokens” and “governance tokens” to create a user-centric model that incentivizes adoption and use of the network by all members.
Partners
The Qredo Network is supported by a network of world-class partners, like Coinbase, Avalanche, Terra, Nexo, Celcius and many others, including Metamask Institutional.
The Qredo Team
Qredo Network has been designed and developed by veteran cryptographers, cybersecurity leaders, blockchain technologists, high-yield application builders, and capital market entrepreneurs.
Next steps
Qredo is a radical new infrastructure that provides Blockchain interoperability, ultra-fast settlement, and secure decentralized custody.
Read BirdBrain’s analysis of Qredo Network by visiting the project’s profile on Crypto Birds Platform.
Visit Qredo Network’s official website at qredo.com
Join their community on Telegram to ask any questions you may have: @QredoNetwork
Follow them on Twitter to keep up to date with their updates: @QredoNetwork
