Stakehound’s stakedXZC coin is upgraded to stakedFIRO ($stFIRO). StakeHound is a tokenized staking platform that enables the use of proof-of-stake tokens in the decentralized finance (DeFi) ecosystem. Stakehound aims to combine staking and Defi to drive the industry forward. StakeHound operates multiple staking pools, one for each supported asset. When tokens are sent to the staking pool, StakeHound issues the same amount of staked tokens on Ethereum and sends them to users. Any staking rewards are distributed directly to the user's account, increasing the user's balance. stakeTokens follow the ERC20 standard and can be freely transferred, traded and used on the DeFi platform to release liquidity.