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LONDON, November 24, 2020 / PRNewswire / – Centigrade, the industry-leading cryptocurrency earnings platform, announced today that it has provided 25,000 ETH to the Ethereum 2.0 platform, giving it enough funds to reach its goal and launch on time. The contribution represents Celsius’ broader belief and support for Ethereum and the future of cryptocurrencies.
“When Celsius first launched, we turned to Etherum to learn how to build a thriving and strong community,” he said. Alex Mashinsky, CEO of Celsius. “We built our CEL token on the Ethereum blockchain and used it to scale and become one of the fastest growing companies in the cryptocurrency space. We are proud to usher in the Ethereum 2.0 Genesis and contribute to the latest block with 25,000 ETH of Celsius community and be a helping hand for a company that helped us scale our project. “
The 25,000 ETH contributed by Celsius to Ethereum 2.0 comes from the community resource pool of Celsius and will be used to generate even higher returns for the community through Ethereum’s advanced blockchain platform. Celsius users can earn up to 7.21% APY on ETH held in the Celsius wallet and earn 3-15% APY rates on over 40 additional cryptocurrencies. Celsius also provides 1% APR loans without origination fees to ETH holders and other asset users.
About Celsius
Celsius helps hundreds of thousands of consumers around the world find their way to financial independence through a high-income rewarded portfolio and low-cost loans accessible via a mobile app. Built on the belief that financial services should only do what is in the best interest of the depositor community, Celsius is a Blockchain-based fee-free platform where membership provides access to curated financial services that are not available through institutions traditional financials. For more information, visit www.celsius.network
Contact: [email protected]
SOURCE Celsius Network
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