{"id":198837,"date":"2021-03-10T21:00:00","date_gmt":"2021-03-10T18:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dash-rolls-out-ethereum-defi-bridge-with-staking-and-yield-farming\/"},"modified":"2021-03-10T21:00:00","modified_gmt":"2021-03-10T18:00:00","slug":"dash-rolls-out-ethereum-defi-bridge-with-staking-and-yield-farming","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dash-rolls-out-ethereum-defi-bridge-with-staking-and-yield-farming\/","title":{"rendered":"# Dash rolls out Ethereum DeFi bridge with staking and yield farming"},"content":{"rendered":"<p>&#8220;<strong># Dash rolls out Ethereum DeFi bridge with staking and yield farming <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvOTYxZGU1NjAtMTk2Ny00NTRkLWIxM2UtMWI0M2IxM2Q4NTMwLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Payments-focused crypto project Dash (DASH) is officially launching its Ethereum DeFi bridge.<\/p>\n<p>According to an announcement issued on Wednesday, the foray into decentralized finance is made possible via a partnership with DeFi gateway protocol StakeHound and will see Dash holders able to interact with DeFi protocols on the Ethereum chain.<\/p>\n<p>Dash holders will be able to stake their tokens and participate in yield farming while also gaining exposure to lending markets and arbitrage opportunities within the Ethereum DeFi matrix.<\/p>\n<p>Holders of ERC-20 wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed stDASH tokens will also reportedly be able to provide liquidity on automated market maker platforms like Uniswap and earn a portion of the transaction fees in the process.<\/p>\n<p>To facilitate the Ethereum bridging process, StakeHound will provide wrapped stDASH tokens which are a one-to-one representation of the Dash holder\u2019s balance. As part of the announcement, Dash revealed that the original DASH tokens will be held in secure custody by StakeHound.<\/p>\n<p>While in the secure lockup, StakeHound will also stake the user\u2019s DASH deposits and distribute additional stDASH rewards.<\/p>\n<p>Dash now joins other crypto projects like Horizen (ZEN) and Firo (FIRO) in utilizing StakeHound\u2019s DeFi bridge.<\/p>\n<p>DASH is currently up more than 74% in the last month despite dipping almost 40% in late February.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/dash-rolls-out-ethereum-defi-bridge-with-staking-and-yield-farming\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Dash rolls out Ethereum DeFi bridge with staking and yield farming &#8221; Payments-focused crypto project Dash (DASH) is officially launching its Ethereum DeFi bridge. According to an announcement issued on Wednesday, the foray into decentralized finance is made possible via a partnership with DeFi gateway protocol StakeHound and will see Dash holders able to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":198838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvOTYxZGU1NjAtMTk2Ny00NTRkLWIxM2UtMWI0M2IxM2Q4NTMwLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,76326,74868,117],"class_list":["post-198837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-dash","tag-defi","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/198837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=198837"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/198837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/198838"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=198837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=198837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=198837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}