Introducing BonFi Web Staking!
Our First Staking Product
The community wants staking. We give you staking!
Staking is a pillar of today’s DeFi offering driving today’s markets like no other and we do not want to keep our community waiting any longer!
We have strategically partnered with Ferrum Network to launch our first staking platfotm shortly following our🦄 Uniswap exchange listing that is scheduled for October 19th. Our web staking platform will provide our token holders the opportunity to join different staking pools to start earning $BNF staking rewards with amazing APY.
Our partnership with Ferrum Network allows us to quickly scale our service offering. This will ultimately be a stepping stone for the launch of BonVest, our multilayered open finance liquidity mining platform.
Token holders can enter two different staking pools and lock their tokens for a period of time, allowing them to earn high yields. It functions as a decentralized high-yield reward account, with great flexibility for participants!
How does it work?
$BNF holders will be able to stake $BNF using two different pools. Each pool will have different staking allocations, pool maximums, APY and timing for early withdrawal, and much more.
Exact details will be revealed shortly before the go-live of the staking go-live, but the APY will drive significant incentive for the community to start staking $BNF.
About Ferrum Network
Ferrum Network is building a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption with user-friendly products for swapping, staking, and transferring cryptocurrencies. Its cross-chain DAG will enable the transfer of any digital asset in milliseconds for near-zero network fees, unlocking tremendous value for the entire industry. Ferrum’s non-custodial UniFyre Wallet has already revolutionized the way people send crypto with its “Link Drop” technology, and is transforming the OTC market with risk-free OTC swaps embedded in a shareable link. Ferrum’s Staking-as-a-Service is now used by dozens of projects, and our Token Bridge is the fastest, and most secure means of moving assets between Ethereum and Binance Chain. Look for Ferrum to launch more transformative DeFi technology throughout 2020 and beyond