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    Posted by Celsius Network 7 Jun 2019

    Celsius Network Teams Up with DASH to Offer Staking as a Service

    Celsius Network is proud to partner with the DASH community as it kicks off its staking as a service operation. DASH cryptocurrency has been a pioneer and leader in masternode capabilities for several years and presents an opportunity for the growing Celsius community to participate in the robust DASH governance process. Integrating DASH into the Celsius platform enables us to continue our top priority of maximizing yields for our community in the most secure and trustworthy manner possible. DASH’s innovations, such as InstaSend, will give Celsius the opportunity to utilize this feature on behalf of its users.

    The current landscape for shared staking services is fraught with risk and uncertainty and limited to only staking returns which presents an unsustainable situation for investors. Celsius sets itself apart from these other services as we’ve incorporated staking in addition to the existing lending, borrowing, and payments services already offered through our platform, with several other products coming down the pipeline soon. As the cryptocurrency and digital asset space evolves and matures, Celsius is committed to delivering innovative and rewarding financial products to our community that are secure, reliable, and easy-to-use.

    DASH was listed after being evaluated against our rigorous framework which prioritizes high liquidity coins, team professionalism, delivery excellence and most importantly a large community to match the growing Celsius community. Future listings will be measured by the same standards as we continue to expand our staking operations along with input and feedback from our users.

    Our partnership with DASH will also provide additional transparency for our users with opportunities to vote on staking coin proposals that have been added to our platform. We believe everyone in our community should have the ability to engage and participate in a transparent way. As we grow, we will continue to develop unique options for community engagement that will give every Celsius user opportunities to impact a multitude of listed coins on our network.

    To get more information on our staking operations, check out Staking Coins blog post.

    About Celsius Network

    Celsius Network is a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.

    Download the Celsius Network app and start earning interest on your crypto today ➡️

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