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Qredo x Chorus One: Providing Enhanced Staking Accessibility

Chorus One
Chorus One
June 20, 2023
5 min read
June 20, 2023
5 min read

We're proud to announce that Qredo, a premier self-custody protocol and platform, has joined forces with Chorus One to expand staking accessibility for investors. From seamless staking to enhanced security measures, this partnership aims to empower users with a secure and efficient staking experience.

What is Qredo?

Qredo offers institutions and traders a secure way to store assets while maintaining complete control. Through their unique distributed multi-party computation (dMPC) technology, users can confidently take custody of their own digital assets and readily engage with the DeFi ecosystem on a trusted, institutional-grade platform.

Stake to Chorus One through a Qredo Wallet

As part of the partnership, Chorus One's OPUS users can now directly stake and unstake multiple crypto tokens through Qredo Wallets. This eliminates the complexities associated with managing multiple wallets and platforms, making staking more accessible to a broader range of investors.

Key benefits of staking with Chorus One for Qredo customers:

  1. Highest Rewards: Qredo customers staking with Chorus One through OPUS can earn the highest staking rewards available. Chorus One's extensive research in MEV extraction and optimization strategies ensures that investors can maximize their yield potential.
  2. Real-time Rewards Data: Qredo customers gain access to a single dashboard where they can conveniently track their staking rewards across multiple chains in real-time. This comprehensive overview enables informed decision-making and efficient management of staking activities.
  3. Network Expertise: Chorus One's close collaborations with blockchain networks during their early stages provide valuable insights and advice on tokenomics, staking, and best practices. By staking with Chorus One, investors can tap into this network expertise, receive ongoing support, and achieve faster time-to-market with infinite scalability.
  4. Convenience and Security: Chorus One takes care of the technical complexities on the backend, allowing customers to start staking with ease. Leveraging a mix of hardware security models and slashing protection mechanisms, Chorus One ensures the utmost security of the staking nodes. Notably, Chorus One has maintained a flawless track record with no incidents of slashing.

The Qredo-Chorus One partnership garners strengths of both entities, empowering investors with a seamless and secure staking experience. By combining Qredo's innovative self-custody solutions with Chorus One's expertise in institutional staking, individuals and institutions can confidently participate in staking activities while maximizing their rewards and maintaining full control over their assets.

"Chorus One's OPUS shines brilliantly in the realm of staking. The potential to simplify staking for both individual investors and institutions is truly remarkable. We look forward to complementing OPUS with our secure self-custody solution, and firmly believe that this collaboration will bring immense value to our shared customers."

– Josh Goodbody, Chief Operating Officer, Qredo

"Qredo's robust self-custody solution is a valuable addition to OPUS. This partnership strengthens the security foundation of OPUS, empowering our customers to enjoy a frictionless and secure staking experience. We are truly excited about this partnership and the continuous collaboration between Chorus One and Qredo's products."

– Vic Kaul, Business Development Lead, Chorus One

To learn more about OPUS and how to get started, visit: https://chorus.one/staking-api-opus

About Qredo

Qredo is a leading provider of institutional-grade digital asset self-custody solutions. The company's distributed multi-party computing (dMPC) technology provides a secure and regulated environment for users to store, transfer, and manage their digital assets.

About Chorus One

Chorus One is one of the biggest institutional staking providers globally operating infrastructure for 40+ Proof-of-Stake networks including Ethereum, Cosmos, Solana, Avalanche, and Near amongst others. Since 2018, we have been at the forefront of the PoS industry and now offer easy enterprise-grade staking solutions, industry-leading research, and also invest in some of the most cutting-edge protocols through Chorus Ventures.