Also on the 19th of October, Dash announced its partnership with StakeHound, a company that allows users to earn staking income while participating in DeFi.
“Today we are happy to announce a partnership between DASH and StakeHound that aims to create and promote the stakedDASH token. StakedDASH will become an essential bridge between DASH and Ethereum.”
StakeHound said that its users are free to change their stakedDASH to their original tokens at any time.
Notably, users can also trade stakedDASH through several decentralized exchanges. Some of the exchanges, as noted by NewsBTC, include Aave, UniSwap, and Curve.