Both assets have been issued by our partners, Q DAO as a solution for P2P payments with all the benefits of crypto technology, but without its shortcomings.
Each USDQ and KRWQ issued are fully backed by deposits made by users in Bitcoin. The emission is controlled by a smart contract that automatically issues the right amount of tokens. These Bitcoin deposits are always held in segregated wallets under a Bitcoin asset control system and become locked positions by the Q DAO smart contract which will only release the collateral once the USDQ or KRWQ tokens are paid back into the system.
For DEEX traders these new assets is a great opportunity to hedge the instability of crypto pairs. Trade safely and with profit!