Citadel.one, a DeFi wallet, has announced its integration with Provenance Blockchain, a blockchain that is specifically designed for financial services. This integration allows holders of HASH to store, track and stake their token in a Citadel.one wallet. HASH is the native token that powers transactions on the Provenance Blockchain and allows owners to securely stake their tokens to help secure the network, participate in governance, and facilitate transactions.
Founded in 2018, Provenance is a public blockchain that supports over $12 billion in transactions. Built in the Cosmos ecosystem, it is open-source and is used by over 60 financial institutions, including those in banking and payments, private equity, capital markets, lending and asset management. HASH, the native token, is used to pay transaction fees and enable governance.
Citadel.one is a non-custodial platform that aims to improve the user experience in the crypto world. With Citadel.one, users can create addresses for more than 45 networks with one seed phrase, manage existing addresses, stake assets to earn passive income, track transaction history and balances, and receive XCT rewards for staking. Additionally, users can access multiple decentralized applications (dApps).
Citadel.one began as a validator and still runs active validator nodes in over 50 networks, offering competitively priced fees, 24/7 support through Telegram chat, and additional rewards in the native XCT token. With the integration of Provenance Blockchain, Citadel.one hopes to continue improving the user experience by providing a more comprehensive solution for managing and staking HASH.