Litecoin Foundation is a non- profitable organization that works for the advancement of blockchain technology via Litecoin (LTC). This foundation aims to lend interest by the use of the Celsius Network. Celsius Network is a program based on blockchain technology, which allows the clients to earn interest in crypto and instantly borrow against it any fees. The Chief Executive Officer (CEO) of Celsius Network, Alex Mashinsky, shared the news to the media stating that the Litecoin Foundation has shown its interest in choosing the Celsius Network as a preferred crypto wallet. Plenty of treasury will be allotted to the Celsius Network by Litecoin Foundation. Users of Litecoin are expected to receive an annual amount of nearly eleven percent (11%) of their cryptocurrency assets and will be also allowed to get annual lending as low as almost five percent (4.95%). The CEO said that this agreement will ensure the validation of the Celsius Network and it makes the platform a recognized unit for the services that it provides. He again mentioned that the platform's claim of lending eighty percent (80%) of its earnings back to its clientele. In the previous year, the Celsius Network collected over fifty million dollars ($50M) as a coin offering while completing an amount of over two billion dollars ($2B) in loans this year. The network also earned for annual user-deposits worth three hundred and fifty million dollars ($350M) and was able to issue an interest amounting to over three and a half million dollars ($3.5M).
LIVE
Mkt Cap $2.30T
BTC Dom 56.67 %
BTC
$65,014.00
▲ +0.30%
ETH
$1,920.42
▲ +0.20%
USDT
$0.999331
▲ +0.00%
BNB
$604.61
▲ +2.70%
USDC
$0.999627
▲ +0.00%
XRP
$1.04
▲ +1.00%
SOL
$76.27
▲ +3.30%
TRX
$0.32843
▲ +0.20%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.73
▼ -2.60%
DOGE
$0.070963
▲ +1.90%
USDS
$0.999725
▲ +0.00%
RAIN
$0.012649
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$504.80
▼ -1.00%
ADA
$0.199866
▲ +0.70%
XMR
$384.25
▲ +3.40%
WBT
$56.27
▲ +0.30%
LINK
$8.33
▲ +1.10%
XLM
$0.165996
▲ +3.40%
DAI
$0.999972
▲ +0.00%
BCH
$217.52
▲ +1.20%
USD1
$0.99952
▲ +0.00%
USDE
$0.999539
▲ +0.00%
GRAM
$1.36
▲ +1.70%
Mkt Cap $2.30T
BTC Dom 56.67 %
BTC
$65,014.00
▲ +0.30%
ETH
$1,920.42
▲ +0.20%
USDT
$0.999331
▲ +0.00%
BNB
$604.61
▲ +2.70%
USDC
$0.999627
▲ +0.00%
XRP
$1.04
▲ +1.00%
SOL
$76.27
▲ +3.30%
TRX
$0.32843
▲ +0.20%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.73
▼ -2.60%
DOGE
$0.070963
▲ +1.90%
USDS
$0.999725
▲ +0.00%
RAIN
$0.012649
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$504.80
▼ -1.00%
ADA
$0.199866
▲ +0.70%
XMR
$384.25
▲ +3.40%
WBT
$56.27
▲ +0.30%
LINK
$8.33
▲ +1.10%
XLM
$0.165996
▲ +3.40%
DAI
$0.999972
▲ +0.00%
BCH
$217.52
▲ +1.20%
USD1
$0.99952
▲ +0.00%
USDE
$0.999539
▲ +0.00%
GRAM
$1.36
▲ +1.70%
BTC
$65,014.00
▲ +0.30%
ETH
$1,920.42
▲ +0.20%
USDT
$0.999331
▲ +0.00%
BNB
$604.61
▲ +2.70%
USDC
$0.999627
▲ +0.00%
XRP
$1.04
▲ +1.00%
SOL
$76.27
▲ +3.30%
TRX
$0.32843
▲ +0.20%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.73
▼ -2.60%
DOGE
$0.070963
▲ +1.90%
USDS
$0.999725
▲ +0.00%
RAIN
$0.012649
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$504.80
▼ -1.00%
ADA
$0.199866
▲ +0.70%
XMR
$384.25
▲ +3.40%
WBT
$56.27
▲ +0.30%
LINK
$8.33
▲ +1.10%
XLM
$0.165996
▲ +3.40%
DAI
$0.999972
▲ +0.00%
BCH
$217.52
▲ +1.20%
USD1
$0.99952
▲ +0.00%
USDE
$0.999539
▲ +0.00%
GRAM
$1.36
▲ +1.70%
Mkt Cap $2.30T
BTC Dom 56.67 %
BTC
$65,014.00
▲ +0.30%
ETH
$1,920.42
▲ +0.20%
USDT
$0.999331
▲ +0.00%
BNB
$604.61
▲ +2.70%
USDC
$0.999627
▲ +0.00%
XRP
$1.04
▲ +1.00%
SOL
$76.27
▲ +3.30%
TRX
$0.32843
▲ +0.20%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.73
▼ -2.60%
DOGE
$0.070963
▲ +1.90%
USDS
$0.999725
▲ +0.00%
RAIN
$0.012649
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$504.80
▼ -1.00%
ADA
$0.199866
▲ +0.70%
XMR
$384.25
▲ +3.40%
WBT
$56.27
▲ +0.30%
LINK
$8.33
▲ +1.10%
XLM
$0.165996
▲ +3.40%
DAI
$0.999972
▲ +0.00%
BCH
$217.52
▲ +1.20%
USD1
$0.99952
▲ +0.00%
USDE
$0.999539
▲ +0.00%
GRAM
$1.36
▲ +1.70%
