- The Litecoin Foundation, on the 10th of February, announced its collaboration with Cred.
- The new collaboration lets the users and Litecoin holders earn up to 10% interest on the asset with the advanced strategy implemented.
- Litecoin Foundation’s main goal is to advance technologically by providing ultra-modern Blockchain technology through hits token Litecoin (LTC).
The Litecoin Foundation, on the 10th of February, announced its collaboration with Cred to offer financial and crypto-related services to the users who hold Litecoin. Litecoin Foundation focuses on its mission to advance the token and platform for the society by developing and promoting Blockchain technology.
Cred is a California based company specializing in which is a licensed lender also provides leading crypto-based lending and exchange platform offering service in more than 190 countries.
The new collaboration lets the users and Litecoin holders earn up to 10% interest on the asset with the advanced strategy implemented. The funds gained from the Litecoin Foundation and Cred collaboration will be channeled to use it in the development of Litecoin.
Litecoin Foundation’s main goal is to advance technologically by providing ultra-modern Blockchain technology through hits token Litecoin (LTC). The LTC coin competes with the top 10 coins having a market capitalization of more than $3 Billion. Litecoin follows the same framework as Bitcoin but differs in the hashing protocol.
Litecoin foundation replied on the above collaboration that it would strengthen Litecoin’s reliability, which can be easily used for payments and stronger liquidity figures, the eye-catching interest rates now with this the partnership with Cred will further enhance the growth of Litecoin Foundation.
Cred foundation now aims to provide transparent and equitable financial services with the new collaboration along with the advancing Blockchain technologies.
The strategic partnership will now hold key points allowing LTC holders to earn up to ten percent interest through any of Cred’s partners, which includes Litecoin Foundation, Bitcoin.com, Uphold, and BitBuy.
Litecoin holders will be able to invest in a six-month term and gain monthly interest payments, with the option to climb over pledged assets for extra periods. Users will gain the best Cred rates when staking Cred’s LBA utility token. No minimum account is needed, and interest is paid out in fiat or cryptocurrency said the new collaboration.
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