What is QDAO DeFi?
QDAO DeFi is one of the ‘Decentralized Finance’ services that has been gaining big popularity since 2017.
DeFi is an open financial ecosystem where you can build various small financial tools and services in a decentralized manner.
You can deposit your crypto assets and receive interest daily. This service also provides secured loans to marginal traders.
The core feature of QDAO DeFi is blockchain custody, which is an offline cold storage service.
We have major plans to become a Switzerland-based company and receive regulatory approval.
In the long-term, QDAO Defi aims to be a licensed ‘neo-bank’ and to provide USD / USDT loans using Bitcoin as collateral. This activity could also be called an ‘online pawnshop’ that uses Bitcoin as collateral to provide loans in DOLLARS / EURO and the model can be considered highly profitable.