Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 15 January 2021, 10:00 HKT/SGT
Share:
    

Source: Moonstake
Moonstake Wallet Officially Commences Staking Support for QURAS

SINGAPORE, Jan 15, 2021 - (ACN Newswire) - Today, Moonstake announced the support of staking Quras's cryptocurrency XQC in Moonstake's Web and Mobile Wallets. In April of last year, Moonstake announced a strategic partnership with QURAS, and two companies have been working together on the Moonstake's development of all necessary functions as a node.




QURAS is a next generation blockchain that enables anonymous, privacy-protected transactions. After three years of conception and development, their mainnet was officially launched on 19th December 2020. It features the benefits of blockchain while ensuring a certain level of confidentiality by providing privacy technology.

There are two coins in QURAS: XQC and XQG, a gas token. Users can earn XQG approximately every 18 seconds by holding XQC. XQG is designed to decrease for every 2 million QURAS blockchain blocks generated, and more XQG is allocated to holders who support QURAS through their holding XQC from early phases.

So far, Moonstake has supported Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, and Polkadot for staking. All of these coins require staking steps in your wallet, but with XQC, you will be rewarded with XQG if you just hold QURAS in your Moonstake Wallet.

Here's a simple 3-step process to stake XQC with Moonstake Wallet:
1. Register your mobile Moonstake wallet (https://wallet.moonstake.io) or download Moonstake Mobile Application
2. Add XQC and XQG with "Add New Asset"
3. Transfer XQC to Moonstake wallet

To receive XQG generated by holding XQC, please select XQC in the wallet and select "Claim GAS". When you have finished receiving your XQG, your balance will be displayed in the XQG in your wallet.

Shigeki Kakutani, CEO & Founder at QURAS says: "We are very honored that QURAS has been selected as one of the coins for staking by Moonstake that only accepts staking of outstanding projects. Since our core philosophy is staking for the "Common Good" rather than purely for profit, we hope to grow with Moonstake and boost the staking industry together while expanding the future of public blockchain."

Moonstake is looking forward to further cooperation with QURAS to increase its market presence and further enhance the staking of popular cryptocurrency coins to provide users with more choices.

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. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-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 180 Million. https://www.moonstake.io/



Topic: Press release summary
Sectors: FX & Digital Currencies
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Moonstake
Feb 26, 2021 15:00 HKT/SGT
Moonstake Wallet Now Supports Staking of Centrality's CENNZ
Feb 19, 2021 11:00 HKT/SGT
Moonstake Collaboration Webinar: "CENTRALIZED OR DECENTRALIZED - How can institutions ensure their digital assets are safe and secure"
Feb 11, 2021 16:00 HKT/SGT
Moonstake Wallet To Start Staking Support as the World's First Validator for Centrality
Feb 2, 2021 13:00 HKT/SGT
Moonstake Enters a Strategic Partnership with Cocoricos, A Provider of a DeFi Platform to Enhance Convenience for Staking Users
Feb 1, 2021 15:00 HKT/SGT
Moonstake Enters a Strategic Partnership with Stake Technologies to Enhance the Polkadot Ecosystem and Scale the DeFi Projects
Jan 22, 2021 12:00 HKT/SGT
OIO, Moonstake's Partner and SGX listed company, appoints New CEO for its blockchain business subsidiary, Rudy Lim, former Head of FinTech at DBS Bank
Jan 21, 2021 16:00 HKT/SGT
Moonstake Enters Into MOU to Commence Negotiations with SGX-listed OIO Holdings to Become a Subsidiary
Jan 21, 2021 08:00 HKT/SGT
Moonstake Officially Announces Entry Into DeFi
Jan 19, 2021 11:00 HKT/SGT
Moonstake Enters a Strategic Partnership with RockX to Support the Polkadot (DOT) Ecosystem
Jan 8, 2021 17:00 HKT/SGT
Moonstake Wallet Officially Announces Staking Support for Polkadot (DOT)
More news >>
 News Alerts
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: