The Currency Analytics
By Dan Saada
NEM (XEM) Has a Bridge to Make Interoperability Possible
NEM have recently announced a partnership with Stake Hound, which is a new platform which will bring together staking and DeFi to unlock and provide for improved accessibility of…
NEM Hub tweeted: “NEM and StakeHound are working together to add DeFi functionalities to $XEM.
This is getting be a great move for NEM. It is expected that this partnership will create a bridge between NEM and Ethereum.
XEM holders, thus are able to participate in the DeFi ecosystem. They gain access to a new horizon. The holders will be able to stake XEM through StakeHound.
The XEM that is staked will launch probably in mid-November. More information about the partnership and how the community can participate and benefit will be issued…
October 22, 2020 is scheduled for a joint AMA that is set to explain the potential of the partnership.
Iain Wilson, CFO of NEM Group stated, StakeHound represents an opportunity for the NEM Community to participate in both staking and some of the most exciting DeFi projects…
Albert Castellana, Co-founder and CEO of StakeHound, expressed,NEM has always been on the forefront of consensus algorithm design with its innovative Proof of Importance and the…
Sydney Ifergan, the crypto expert tweeted: “Good partnership can lead to miraculous transformations. NEM (XEM) are able to understand the importance of diverse partnerships.
The NEM community are believing that the Altseason is back. They have to state that DeFi coins, XRP, Cosmos, NEM, IOTA, and Ethereum are all climbing up thus testifying for…
It is now becoming evident that interoperability on the NEM is real. The bridge to connect NEM NIS1 and Ethereum ERC20 is getting built.