Bison Trails Collaborates With Volt Capital To Empower And Secure Staking On Celo Network
Bison Trails runs a Celo validator node for Volt Capital’s TD Labs subsidiary, allowing their community to stake CELO, earn participatory rewards, and support the growth of the network. Volt Capital is an early-stage venture firm that recently unveiled a $10M fund to invest in crypto end user services, infrastructure, and open finance. TD Labs,is a subsidiary of Volt Capital, has been involved in the Celo Network since testnet and its validator has roughly four million votes to participate on the Celo Network.
“Bison Trails is committed to the growth of the crypto ecosystem and innovative networks like Celo. We’re excited to work with Volt Capital to further that mission by providing a seamless, secure staking experience on the Celo network for their community.”—Joe Lallouz, CEO of Bison Trails
Celo is an open-source platform that makes financial tools accessible to anyone with a mobile phone. The novel proof-of-stake network is ultralight and features the built-in capability for supporting stablecoins such as Celo Dollars (cUSD) and Celo Euros (cEUR), which opens up use cases for decentralized personal payments applications.
“We’re thrilled to be working with Bison Trails to offer our community the ability to stake Celo. Bison Trails’ robust infrastructure meets our high benchmark for security, reliability, and uptime, and the team brings invaluable protocol expertise and insights. The Celo community has been steadily growing, and we have been actively working with projects that are developing simple tools to enable better financial engagement with Celo to deliver the long-term vision of the project. Having the right infrastructure provider is key to helping innovative networks like Celo grow, scale, and attract participants securely. We look forward to continuing to work with Bison Trails, and expanding our collaboration to other networks.”—Mohamed Fouda, Partner at Volt Capital.
NOTE:
Volt Capital’s TD Labs validator was already live and accepting votes/delegations
ABOUT Bison Trail
Bison Trails is a blockchain infrastructure platform-as-a-service (PaaS) company based in New York City. It has built a platform for anyone who wants to participate in 22 new chains effortlessly, making it easy for anyone building Web 3.0 applications to connect to blockchain data from 31 protocols with Query & Transact (QT).
ABOUT Celo
Celo is an open, decentralized platform that enables a monetary system that creates conditions of prosperity for all. It’s an ambitious project aiming to make it straightforward for anyone with a smartphone anywhere in the world to maintain a current account, send money to friends, and pay merchants.
