Published Sep 3, 2021
By Qredo Team
Qredo Welcomes Investors with New Token Perks
Following the first exchange listings of Qredo Token, we are welcoming new investors with three innovative tokenomics programs.
These initiatives will boost the stability and growth potential of QRDO, enable super-efficient and cost-effective trading, and help reward long-term investors for their loyalty.
Auto-Staking 💸
Earn yield of 10.1% APY without lifting a finger
Instead of leaving coins to gather dust on exchanges or wallets, put your QRDO to work on Qredo Network to automatically generate yield. Qredo Auto-Staking allows you to grow your QRDO by earning 10.1% APY, paid monthly.
What you need to know:
Only applicable to QRDO held on Qredo Network
Earn on any amount of QRDO; no upper limit.*
Automatically receive crypto staking rewards each month
*Please note that Auto-Staking Returns of less than 1 QRDO will not be paid.
PowerSwap 👊
Coming very soon!
Get the best QRDO prices on the market
In partnership with Qredo investor and leading crypto liquidity provider Wintermute, Qredo is launching PowerSwap.
PowerSwap enables you to atomic swap Qredo Tokens at better prices than exchanges
by trading directly against the market maker on Qredo’s new Liquidity Hub.
Traders can swap QRDO/BTC, QRDO/ETH and QRDO/USDT, and enjoy all the benefits of Qredo atomic swaps:
Instant execution with no slippage
Trustless, with no wraps or pegs
0.5 BPS fees (0.005%)
The custom governance and bank tier security of consensus-driven MPC.
Validator Buybacks 🛒
Supporting the stability and growth of QRDO
To help return network earnings to the community, Qredo Validators have committed to taking all validator income (collected in L1 assets) and buying back QRDO on secondary markets.
QRDO holders benefit from the buy back through increased scarcity, as the number of tokens in circulation is reduced.
What you need to know:
Qredo Validators will use income to buy back QRDO
Buybacks will occur between the 1st and 3rd of each month
About Qredo: Qredo is a decentralized digital asset management infrastructure and product suite designed to unlock new opportunities for institutional investors in digital assets and decentralized finance. Qredo's Layer 2 blockchain protocol enables users to seamlessly transfer and settle bitcoin, ethereum, and ERC-20 tokens. Assets are secured by Qredo’s advanced Gen 2.0 Multi-Party Computation (MPC), which provides tier-1 bank security and institutional-grade governance.
Press Contact: [email protected]