Regulated institution UBX now running a public stake pool on Cardano
In addition to these partnerships, Cardano took strides to increase on-chain DeFi activity through a strategic collaboration with UBX. UBX, the fintech venture studio and fund spun out of UnionBank, has launched its own public stake pool featuring Cardano. UBX stakers are now able to earn rewards on their ada for helping to secure and operate the Cardano blockchain.
John Januszczak, President and CEO of UBX said, “To further excel and maximize the potential of blockchain, we’re looking at emerging protocols like Cardano to connect traditional financial markets to the world’s most innovative financial operating system.”
In addition to these partnerships, Cardano took strides to increase on-chain DeFi activity through a strategic collaboration with UBX. UBX, the fintech venture studio and fund spun out of UnionBank, has launched its own public stake pool featuring Cardano. UBX stakers are now able to earn rewards on their ada for helping to secure and operate the Cardano blockchain.
John Januszczak, President and CEO of UBX said, “To further excel and maximize the potential of blockchain, we’re looking at emerging protocols like Cardano to connect traditional financial markets to the world’s most innovative financial operating system.”
^ We all know na UnionBank talaga ang leading institution dito sa bansa pagdating sa crypto adoption pero hindi ko inaasahan yung participation nila sa staking pools o maging isa sila sa node operators (through UBX).
Tinignan ko sila sa listahan sa staking center at meron nga yung UBX1. Wala pa silang share sa pool pero ayos na din na open na sila. It's only a matter of marketing at time siguro bago dumami delegators nila. Tignan niyo na lang din kung sakaling may ADA kayo nakatambay lang sa wallet/exchange (estimated ROA is 8.23%).
credit to BitPinas