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    Moonstake Integrates Muse Finance For MUSE Lockdrop And Advanced DeFi Connectivity

    SINGAPORE, July 28, 2021 – (ACN Newswire) – Moonstake is
    pleased to announce that we’ve integrated our DeFi
    application partner, Muse Finance (shortened as Muse), into
    the Web Wallet to bring advanced DeFi connectivity to our
    platform. This means that directly through the Moonstake
    wallet interface, you can now participate in Muse’s current
    lockdrops and use the DeFi applications that Muse plans to
    implement in the future. This will be the first time in the
    world that Muse will be integrated. Since the announcement
    of our joint entrance to DeFi in March 2021, we have been
    working together closely to develop and promote high-quality
    DeFi products that aim to resolve staking
    illiquidity.

    Moonstake
    launched its staking business in 2020 with the aim to create
    the largest staking network in Asia. Since then, it has
    developed the most user-friendly Web Wallet and Mobile
    Wallet (iOS/Android) with support for over 2000
    cryptocurrencies. After a full-scale operation launched in
    August 2020, Moonstake’s total staking assets have grown
    rapidly to reach $1 Billion, allowing Moonstake to become
    one of the top 5 staking providers globally. Currently,
    Moonstake supports 12 high-demand staking coins: Cosmos,
    IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot,
    Quras, Centrality, Orbs, and IOST.

    Muse is a
    comprehensive DeFi platform launched in March 2021. It is
    working to launch various DeFi products, including a Wrapper
    to issue wrapped tokens for staking assets that can be used
    to provide liquidity to staked assets, as well as DEX
    (decentralized exchange) and Lending platforms to facilitate
    the distribution of such assets.

    A feature of Muse
    already implemented in the Moonstake wallet is lockdrop.
    Lockdrop is a common, low-risk method of token distribution
    mechanism in the DeFi industry without raising money while
    incentivizing user participation. Instead of combining the
    sale of tokens with assets, lockdrop sees “loss of
    opportunity” as collateral and distributes tokens in return
    for valuable losses. For more information about lockdrop,
    please click here (https://tinyurl.com/39rd9hve)

    Furthermore,
    users can also utilize the affiliate program to earn extra
    referral rewards by inviting others to participate in the
    lockdrop.

    The connection with DeFi products, which has
    been growing strong since last year, will further enhance
    the user experience of Moonstake platform. Future product
    launches of Muse will add liquidity to the staking assets
    and open the door to innovative DeFi products, all of which
    will be supported by Moonstake as usual.

    About
    Moonstake

    Moonstake was recently established to
    develop a staking pool protocol to satisfy increasing
    demands in regional and global blockchain markets. Moonstake
    develops a staking pool protocol and provides business
    services through partners and companies.

    Moonstake
    aims to be the largest staking pool network in Asia by
    providing an active environment for crypto asset holders.
    Establishing a clear partnership roadmap with Moonstake
    represents another significant milestone for continuing to
    strengthen ties with leading platforms across Asia’s
    burgeoning Distributed Ledger Technology (DLT) ecosystem.
    Partnerships have been announced with Emurgo, Ontology and
    NEO to boost staking adoption, Binarystar, Japan’s biggest
    blockchain hub, OIO Holdings Limited (SGX: OIO), a
    Singapore-listed company. Industry’s reputed advisors, such
    as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s
    innovative journey.

    With a full-scale operation
    launched in August 2020, we expanded our business and as of
    now, our total staking assets exceeded over USD 1
    billion.

    https://www.moonstake.io/

    About
    Muse Finance

    Muse.Finance is a Decentralized Platform
    where crypto users can receive staking rewards as well as
    participate in wrapping, swapping, lending, and yield
    farming to gain benefit. Its ecosystem, which consists of
    Muse Swap, Muse Lending, and Muse Wrap, enables a liquid PoS
    platform that integrates the ERC-20 DeFi Ecosystem with
    Ethereum 2.0. Muse.Finance also links non ERC-20 assets with
    the ERC-20 ecosystem, allowing owners of staked assets on
    platforms such as Cosmos, IRISnet, Cardano, etc. to
    participate in lending, liquidity mining, and yield
    farming.

    https://musefinance.io/

    © Scoop Media

     

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