StakeHound partners with DASH NEXT and Dash Core Group to offer DASH users access to DeFi applications while earning staking rewards. With stakedDASH hitting the market later this year StakeHound will connect two ecosystems and open a gateway for liquidity flow.
“With DeFi, different Blockchains are finally coming together. I am very excited about this partnership as it provides DASH users the benefits of DeFi applications such as lending or borrowing, and Ethereum users with an easy way to use DASH’s established global payment ecosystem.”
Felix Mago, Co-Founder of DASH NEXT
“This is certainly a unique and exciting partnership for the Dash Network. With Dash extending into DeFi as a result of this partnership, new doors and use cases will be available to Dash users as well as ERC-20 blockchain users. This functionality provides the ability for one to explore the world of DeFi or from the other side, the world of Dash while continuing to see returns through staked Dash. I am excited to see how this partnership evolves and the great work that will result.”
Ryan Taylor, CEO of Dash Core Group
Author: Dash Newsroom
Original link: https://newsroom.dash.org/112220-dash-partners-with-stakehound-enabling-ethereum-defi-users-to-earn-rewards-with-stakeddash