Zilliqa and RockX Launch Staking Platform

A few hours ago, on a Zilliqa Twitter account, it announced a collaboration with RockX to launch a crypto-platform.

The partnership between former Zilliqa CEO Xinshu Dong and RockMiner founder Alex Lam, who will launch the Staking-as-a-Service platform with RockX, aims to “bridge the gap between experienced crypto investors and newcomers,” the press release said.

Staking-as-a-Service is a service that allows users to hold and block their cryptocurrencies for interest. This is somewhat similar to a bank deposit, when at the end of the year certain interest is accrued on the invested funds.

For example, Coinbase and Binance also provide a similar tool for some cryptocurrencies, including Tezos (XTZ). Thanks to the RockX platform, users will have the opportunity to receive rewards from crypto assets that will be staked on blockchains using the PoS (Proof-of-Stake) system.

“With RockX, we hope to protect the PoS ecosystem by providing secure and verified transactions.

Having established itself as a reliable partner for PoS networks, we will connect projects and token holders so that they not only benefit, but also contribute to the sustainable development of the blockchain industry, ”said Alex Lam.

At the moment, the RockX platform allows for the staking of several cryptocurrencies – Cosmos, IoTeX, IOST, Qtum and Terra, and other projects will be added during 2019.

btcxlab on ↪ twitter

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