Payments-focused cryptocurrency Dash now has a bridge to DeFi
A StakeHound collaboration allows Dash holders to earn masternode staking rewards and access DeFi services at the same time. Dash (DASH) holders will soon be able to access a wide range of decentralized finance, or DeFi, services through a collaboration with StakeHound.According to an announcement on Oct. 19, tokens which are deposited with StakeHound will also earn network rewards through the Dash masternode system.In order to take advantage of the burgeoning DeFi market, Dash holders must send tokens to StakeHound, who will then instantly generate and send back a wrapped ERC-20....
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Dash is set to release its Ethereum decentralized finance bridge after months of testing. Payments-focused crypto project Dash (DASH) is officially launching its Ethereum DeFi bridge.According to an announcement issued on Wednesday, the foray into decentralized finance is made possible via a partnership with DeFi gateway protocol StakeHound and will see Dash holders able to interact with DeFi protocols on the Ethereum chain.Dash holders will be able to stake their tokens and participate in yield farming while also gaining exposure to lending markets and arbitrage opportunities within the....
The app allows consumers to pay with Dash at over 155,000 in-store locations and 125 online retailers across the United States. Dash has announced the launch of DashDirect — a consumer app that allows users to spend the DASH cryptocurrency in stores across America.In an announcement released on Tuesday, Dash revealed that the new customer-focused app will offer up to 12% in savings on purchases by users. Detailing the rebates and discount features, Mashall Greenwald, DashDirect Founder and CEO of CrayPay told Cointelegraph: “After you enter the exact amount of your current purchase in the....
The Dash cryptocurrency platform has received the latest upgrade, codenamed Sentinel. It will lay the groundwork for Evolution cryptocurrency payments system. Dash, the seventh largest cryptocurrency in terms of market capitalization has received a major software upgrade. The update codenamed Sentinel, also referred to as Dash ver 12.1 will serve as the foundation for an efficient decentralized payments system. The upcoming decentralized payments system, codename Evolution will be first of its kind to facilitate cryptocurrency payments with negligible merchant fees and zero customer fees.....
What a statement from a coin whose white paper originally proclaimed it as “a privacy-centric cryptographic currency." Once viewed as one of the crypto industry's top privacy-focused assets, Dash (DASH) no longer operates under that classification, according to the Dash Core Group, the body overseeing the asset and its development. When asked if Dash should remain under the category of a privacy asset, Fernando Gutierrez, CMO for the Dash Core Group, told Cointelegraph: "No, Dash is a payments cryptocurrency, with a strong focus on usability, which includes speed, cost, ease of use, and....
For cryptocurrency Dash, presenting at d10e next week, the goal is to have people walk away realizing that there is a lot more that can be done with cryptocurrency or digital currency than bitcoin has been able to achieve thus far, says Ryan Taylor, head of finance at Dash. What Does Dash Bring to the Table? Dash will have a significant presence at the d10e Conference in San Francisco on Jul. 20. Lead developer Evan Duffield and head of business development Daniel Diaz will both be presenters. In addition, Dash will be hosting a booth featuring a Dash-enabled vending machine to highlight....