Recovering #Terra 🌖 participant | Yang Gang 🧢 | Software dev | NFA
Dec 22, 2021 • 14 tweets • 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 😅
Anon, I'm tired of being confused, so let's figure this out
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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
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