CyberFi x Ferrum Network Partnership

CyberFi and Ferrum Network join forces to develop and deliver an Automated Staking solution.

With the recent explosion of growth in the DeFi sector, it is clear that there is a massive demand for economic utility. Users want to not only hold and invest in digital assets, but also find ways to leverage them to provide additional economic benefits. This has led to the proliferation of new features such as staking, liquidity mining, rebates and burn mechanisms.

At CyberFi we are 100% focused on DeFi Automation, as we believe it is the key to scaling DeFi for the mass market. End users want solutions that are easy to use, maximize and maintain. In our mission to deliver upon this vision, we are partnering with Ferrum Network. Together, we will build the future of Automated Staking.

Over the last several months, Ferrum Network has established itself as a premier provider of Staking-As-A-Service, enabling staking for over a dozen different projects. In cooperation with the Ferrum team, CyberFi will design and deploy an Automated Staking platform that will allow users to participate in the many staking opportunities provided by the Ferrum Network.

Current staking platforms which operate through wallets like Metamask have opened new opportunities for users, but are often hard to understand for casual users and come with a technical barrier to entry.

CyberFi will design and deliver an easy to use alternative that automates several of the steps required such as asset acquisition and approval transactions. Users will be able to start the process with only Ethereum in their wallet and allow the CyberFi/Ferrum interface to complete all the necessary steps in the background, with the end result being a staked position which is secured within the Ferrum staking vault. In this fashion, the entire process of asset exchange, asset transfer, approvals etc. will be automated into a single step which is presented seamlessly to the end user.

We are proud to announce this partnership and believe it will bring increased utility to both the CyberFi and Ferrum Network ecosystems. Staking is one of the fastest growing areas of the DeFi space, and this collaboration will allow us to deliver staking to a mass audience in a user friendly package.

About CyberFi

CyberFi is an Intelligent DeFi Automation Platform.

CyberFi’s mission is to create a user-friendly DeFi experience and add a new layer of features available for Automation. Users of our platform will experience zero-stress, automated DeFi trading and farming, smaller fees and tools for Impermanent Loss mitigation.

CyberFi Social Media

Website: https://cyberfi.tech/

Telegram: https://t.me/cyberfi_tech

Telegram ANN Channel: https://t.me/cyberfi

Twitter: https://twitter.com/cyberfi_tech

About Ferrum Network

Ferrum Network is building a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption. 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. Ferrum’s Staking-as-a-Service is now used by nearly 50 projects with $15 million TVL, 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.

Follow Ferrum/UniFyre on Social Media

Ferrum Website: https://ferrum.network/

UniFyre Website: https://unifyre.io/

Telegram: http://telegram.ferrum.network

Twitter: http://twitter.ferrum.network