San Francisco, California, 28th March, 2023, Chainwire
Popular DeFi wallet provides a new option for storing, tracking, and staking HASH
Popular DeFi wallet and ‘super app’, Citadel.one today announced that it is now integrated with Provenance Blockchain, a leading blockchain purpose-built for financial services. This integration enables holders of HASH the ability to store, track, and stake their HASH in a Citadel.one wallet. HASH is a utility token used to power transactions in the Provenance Blockchain ecosystem, and serves as the means for owners to seamlessly stake their HASH to secure the network, participate in governance, and facilitate transactions on Provenance Blockchain.
Beyond storing, tracking, and staking, Citadel.one offers its users instant cryptocurrency exchange services, allowing crypto assets to be swapped or purchased with a credit or debit card. Citadel.one users can track rewards, withdrawals, transfers, and deposits across all supported networks.
Provenance Blockchain is a public, proof-of-stake blockchain built to transform financial services. Built-in the Cosmos ecosystem, the open-source blockchain has nearly $8B in real-world asset locked value on-chain, has supported over $12B in transactions, and is leveraged by more than 60 leading financial institutions across banking and payments, private equity, capital markets, lending, and asset management.
Citadel.one started its journey as a validator and today continues to run active validator nodes in more than 50 networks, including Provenance Blockchain. One of the main functions of the Citadel.one platform is participation in proof-of-stake consensus — users of Citadel.one can stake and delegate their assets, claim rewards, and follow the latest network proposals in their voting tab. HASH-holders who stake on Citadel.one to support the Citadel.one node in return will soon receive XCT rewards from Citadel.one. Staking is a way HASH-holders can contribute to the security and efficiency of Provenance Blockchain. Through staking, HASH-holders can make the blockchain more resistant to attacks and strengthen its ability to process transactions.
Collaboration between Provenance Blockchain Foundation, a non-profit catalyzing growth and development on Provenance Blockchain, and the team at Citadel.one is continuing with the development of additional integrations and capabilities, which are aimed to be announced in the coming months.
Enabling a Citadel.one wallet is simple and can be started by visiting app.citadel.one.
About Provenance Blockchain
Purpose-built to transform financial services, Provenance Blockchain enables regulated financial service firms of all sizes to seamlessly and securely deploy and manage the full lifecycle of digitally-native financial assets at scale on a public blockchain, delivering material business and customer value.
Founded in 2018, Provenance is the leading public blockchain for financial services with over $12B in transactions supported. Built-in the Cosmos ecosystem, the open-source blockchain is leveraged by more than 60 financial institutions across banking and payments, private equity, capital markets, lending, and asset management. The native utility token, HASH, is used to pay transaction fees and enable governance. Please visit Provenance Blockchain at Provenance.io and follow us on Twitter @provenancefdn and on LinkedIn.
Citadel.one is a non-custodial platform aiming to solve the major user-experience shortcomings of the crypto world. With Citadel.one users can:
- Create addresses for more than 45 networks with one seed phrase
- Manage existing addresses
- Stake assets and earn passive income
- Track the transaction history, balances and networks’ main metrics
- Receive XCT rewards for staking
- Access multiple dApps
Citadel.one has started its journey as a validator and today continues to run active validator nodes in more than 50 networks, offering competitively priced fees, 24/7 support in the Telegram chat, and additional rewards in the native token, XCT.