Asian Spectator

ACN Newswire Business

Moonstake Wallet Officially Commences Staking Support for QURAS

  • Written by ACN Newswire - Press Releases

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.

Moonstake Wallet Officially Commences Staking Support for QURAS

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 Application2. 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/

Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

Authors: ACN Newswire - Press Releases

Read more //?#

Estee Lauder Signs Actress Ana de Armas as New Global Brand Am...

NEW YORK, Feb. 27, 2021 /PRNewswire-AsiaNet/ -- Estee Lauder today announced that it has signed Ana de Armas, Golden Globe Award-nominated actress and honoree of the 2021 TIME100 Next list, ...

Klockner Pentaplast Launches Its New Sustainability Strategy

LONDON, Feb. 27, 2021 /PRNewswire-AsiaNet/ -- 'Investing In Better'Klockner Pentaplast (kp or the company), a leading global manufacturer of high barrier protective packaging solutions with ...

X-Creator Challenge Opens for Global Submissions Centering on ...

XUZHOU, China, Feb. 26, 2021 /PRNewswire-Asianet/ -- XCMG, leading construction machinery manufacturer (000425.SZ) has officially launched X-Creator Challenge, the third and upgraded edition...

Debiopharm And Genome Company Join Forces To Create New High...

LAUSANNE, Switzerland and SEONGNAM-SI GYEONGGI-DO, South Korea, Feb. 26, 2021 /PRNewswire/ - Korean and Swiss based companies leverage their oncology expertise to initiate a research collabo...

Alchemie Technology Teams Up with At One Ventures and H M Group to Deliver Sustainability Breakthrough in Textile Dyeing and Finishing

Cambridge, UK, Feb 26, 2021 - (ACN Newswire) - Alchemie Technology (Alchemie), a global disruptor of textile dyeing and finishing technology, is pleased to announce an investment from At On...

BYD to Help Kyoto Reach Japan's 2050 Carbon Neutral Goal

KYOTO, Japan, Feb 26, 2021 - (JCN Newswire) - On February 24, BYD Japan Co., Ltd. (BYD), Keihan Bus Co., Ltd. (Keihan Bus) and The Kansai Electric Power Co., Inc. (Kansai Electric Power) an...

Magazine

Australian startup CareApp receives funding injection to expand app

Australian based startup CareApp has recently raised over $500,000 in funding including $250,000 provided by the South Australian State Government to rapidly expand and scale up their smartphone...

Shaparency launches to enable businesses to go fully digital

New venture developed for post-Covid-19 corporate landscape London-based start-up Shaparency, which has been established in response to the business conditions resulting from Covid-19, announces ...

Specops Significant Cyber Attacks

The prevalence and severity of cyber attacks are increasing at an alarming rate every year. So much so, that statistics from Cybersecurity Ventures estimate that cybercrime will cost the global ...

Writers Wanted



News Co Media

Content & Technology Connecting Global Audiences

More Information - Less Opinion