Celsius Network recently added EOS into their interest-earning wallet. Users can now easily stake EOS tokens and passively earn yield at a 4.25% rate. Plus it is also possible to borrow cash or stablecoins at rates as low as 3.45% by using EOS as collateral.
The Celsius Network provides its users with financial services, such as cryptocurrencies loans, by leveraging on blockchain technology. They believe in the power of decentralization to to create a new system that acts in the best interest of everyone.
"We are excited to see the EOSIO ecosystem growing with Celsius's support for EOS. Block.one believes that retail deposit solutions are an important growth nexus for mainstream adoption of digital assets as transparent and competitive stores of value." - Brendan Blumer, Block.One CEO
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