The Qredo protocol is a Layer 2 decentralized custodian protocol with compliance and governance controls built-in to its consensus mechanism. On top of the Layer 2 exists a Layer 3 decentralized communications plane that enables conversations to be replicated across all peers instantaneously, yet provides built-in end-to-end encryption for privacy and security. Conversations can be machine to machine, machine to humans, or human to human.
QRDO is a utility and governance token for the Qredo Network. We’ve designed a “user-centric” incentive structure that economically favors all network participants to build network effects and drive adoption. As such, the design takes into consideration the incentives required for each participant; including validators, liquidity providers, traders and custody users.
Try our free Open Custody Protocol (OPEN) portfolio tracker if you want to efficiently keep track of your OPEN and other coin/token investments.