Haboussef ๐ŸŒ• Profile picture
#Terra ๐ŸŒ– and $QRDO fan | Yang Gang ๐Ÿงข | Software dev | NFA
Dec 22, 2021 โ€ข 14 tweets โ€ข 7 min read
Clearing up $QRDO's Tokenomics

By now I've read a lot of different statements about @QredoNetwork's token emission schedule, and as bullish as I am on the tech and team, I too have been confused by the tokenomics ๐Ÿ˜…

Anon, I'm tired of being confused, so let's figure this out
๐Ÿงต The graph in the token paper is labeled by months on the x-axis, but we don't know which month it starts at. I think I've figured it out, based on @JoshGoodbody's AMA here
Nov 28, 2021 โ€ข 7 tweets โ€ข 4 min read
$QRDO just clicked for me. Three big use cases:

1) Institutional investors no longer need to take on risk by storing private keys. Qredo's trustless MPC requires X of Y approved signers to agree upon each transaction, using 2FA 2) As an L2 with built-in atomic swaps (with consistently low fees too), exchanges can use Qredo to swap liquidity with each other, allowing their customers to transact in otherwise low liquidity conditions