Cryptocurrency News

Bison Trails and Volt Capital Bring ‘Secure Staking’ to Cello Network



Blockchain infrastructure company Bison Trails has partnered with Volt Capital to allow users of the cello network to place their tokens securely at stake through their mobile devices.

The collaboration sees Bison trails running a cello verifier node for Volt Capital, helping the community of Volt Capital to stake CELO cryptocurrency, earn rewards and develop the network. Bison Trails’ node infrastructure allows delegates to more easily place cryptocurrencies at stake.

Volt Capital is an early-stage venture capital firm that has set aside $ 10 million to invest in various cryptocurrency projects focused on the end-user experience. Through its TD Labs subsidiary, Volt Capital has been The participants Cello has been running a validator in the network and on platforms since the testnet phase. The cello network officially entered the mainnet on 18 May.

“We are thrilled to work with Bison Trails to provide our community with the ability to place cellos at stake. Bison Trails’ robust infrastructure meets our high benchmark for safety, reliability and uptime, and the team invaluable protocols. Brings expertise and insight, ”said Mohammad Fouda, partner at Volt Capital:

“The cello community is constantly growing, and we are actively working with projects that are developing simple tools to enable better financial engagement with cello to provide a longer-term vision of the project.”

Before the latest crypto market reform, Excitement around the cello network Was heading towards his donut hard fork. The fork, which took place on May 19, promises better gas efficiency, better interoperability, and the ability to connect to many Ethereum tools.

In terms of market performance, Cello is ranked among the top 100 cryptocurrency projects, with a total network value of approximately $ 724 million.

Bison Trails has provided major infrastructure support for several major cryptocurrency companies, including Crypto.com And The universe. In February 2021, the company Global Blockchain Sync Launched, Which allows customers to deploy node operations more easily. Polkadot, Kusama, Ethereum, Cosmos and EOS are some of the main protocols that use the service.