Open Custody Protocol AUD (CRYPTO: OPEN)
Qredo is a network that aims to redefine digital asset ownership and blockchain connectivity. It introduces decentralized, trustless multi-party computation (MPC) for custody, enabling cross-chain swaps and liquidity access. QRDO tokens are integral to the Qredo Network, serving for utility and governance. They are part of a system designed to benefit network participants, encouraging adoption and utilization. QRDO tokens can be staked, and the network’s tokenomics emphasize incentivizing a wide range of network users. Qredo was founded in late 2018 by Anthony Foy and Brian Spector.
Fundamentals Open Custody Protocol
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