A New York-based startup company Staked, announced its partnership with BlockTower Capital. Basically, Staked helps institutional investors lend their holdings in PoS cryptocurrencies, to join the validator pool.
A blockchain ecosystem for games and social apps, Loom Network declared that
The LOOM holders can now become delegators and lend their tokens on the
PlasmaChain. The Plasmachain normally refers to a high-performance DPoS sidechain that acts as a bridge between Ethereum and multiple chains.
Additionally, the startup provides a secure infrastructure necessary for staking. Currently, it supports six cryptocurrencies, Tezos, Dash,
Staked partnering with Loom Network delegator pool is not surprising, as the startup firm also lists this network as a future addition to the service.
James Duffy, the co-founder of Loom, claim that
Our goal in bootstrapping the network is bringing on board a diverse set of competent and reliable partners as validators. Also, we’re super excited to have Staked and
Blocktowerbe a part of that.
On the other hand, recently, the Loom Network also announced that it will accept Binance Coin (BNB) as a payment method.
According to Loom Network’s management, the BNB token will be accepted as a payment mode across multiple applications on its Plasma Chain platform.
Hence, to celebrate this partnership, the developers of the Loom Network provided various opportunities to users