Published Mar 11, 2022
By Qredo Team
Institutional DeFi in 5 Simple Steps
Through Qredo's integration with MetaMask Institutional (MMI), professional investors can now enjoy easy, secure, and compliant access to decentralized finance and Web3.
Below, we present the main features of this exciting combination. If you’re exploring DeFi for your organization and would like more detail, please get in contact to arrange a call.
1. Create a connected Qredo wallet
Open a Qredo wallet that is connected to MMI. Fully under your control, this wallet will have the same organization name as your account with Consensys.
The wallet is secured by Qredo’s breakthrough decentralized multi-party computation (dMPC) and can hold tokens — from NFTs to ERC-20s — across all EVM-compatible chains.
2. Customize team governance policies
Manage DeFi activity more effectively by setting access and signing rights that align with your existing organization and fund structure.
Any threshold approval scheme you design is written into the Qredo blockchain and can be updated easily as team members or custodians change.
Your Qredo account can also be set up to hold an unlimited number of funds and sub-wallets.These can be used for different investment strategies, client portfolios, or custodians.
3. Define your investment strategy
4. Trade with the tap of a finger
Skip the cumbersome process, slow release times, and gas fees associated with combined hot and cold wallet solutions.
Simply set up transactions directly from your MMI browser extension, and then authenticate them on the biometric-access Qredo app.
For larger teams, where a threshold approval scheme exists, transactions initiated by a trader will then receive secure one-tap approval from designated signers.
5. Monitor and report
Each approval and policy change is recorded immutably on the Qredo blockchain — removing the vulnerabilities of centralized databases.
All assets and transactions are captured within MMI for overview and reporting needs.