‘DeFo’ staking enabled for Waves' Neutrino stablecoins

Cointelegraph

Published Sep 29, 2020 08:52PM ET

Updated Sep 29, 2020 10:40PM ET

U.S.-based cryptocurrency exchange Waves.Exchange, which supports the price-stable multi-asset Neutrino protocol, is introducing a way for crypto traders to earn passive income through stablecoin staking.

According to a Sept. 29 announcement from Waves, the exchange has expanded its tokenized assets ecosystem to include seven different Neutrino stablecoins — synthetic versions of national currencies — through a decentralized foreign exchange market, or 'DeFo'.

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