Neptune Dash, the first public company to offer a solution for pooling DASH has announced that the company has launched its new pooling service, Neptune Dash Pooling, and has completed its first pooled masternode.
The pooled masternode is the company’s 19th masternode built since inception. Neptune Dash pooling allows participants to contribute to masternodes and receive DASH rewards in order to increase their DASH ownership no matter how much DASH they currently own.
Dash owners in the pooled masternode are benefiting from gaining interest on their DASH. When DASH owners participate in a Neptune Dash pooled masternode, they essentially own a percentage of the masternode. This allows them to gain revenue on their percentage ownership basis.
The company has now begun working through its waitlist and will be building newly pooled masternodes as deposits are made by DASH holders.
“We are thrilled to be able to offer this service to Dash holders around the world. Today marks the inception of our first Pooled Masternode, where any Dash holder can now benefit by earning Dash interest paid on almost any amount of Dash holdings. This is an extremely compelling argument for investing in Dash and reiterates why we believe Dash is a top contender digital currency.”
Neptune Dash builds and operates Dash masternodes and invests in Dash blockchain related technologies. DASH is a digital currency created to address real-world payments and scaling challenges.
Dash Masternodes facilitate the following functions on the Dash blockchain:
- facilitating private, peer-to-peer transactions directly between parties;
- serving as a governance function and voting on treasury disbursements of the Dash block-reward allocated to the Dash DAO (Decentralized Autonomous Organization), and
- facilitating transactions that are processed near instantly on the Dash blockchain (versus the target three minute block time for average DASH transactions).