Announcing the Ferrum Network and CyberFi Staking Partnership
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking partnership — CyberFi!
CyberFi’s mission is to create a user-friendly DeFi experience and add a new layer of features available. Users of our platform will experience zero-stress, automated DeFi trading and farming, smaller fees and tools for Impermanent Loss mitigation.
In addition to enabling staking technology for the CyberFi token, the Ferrum and CyberFi teams will be working together to build an Automated Staking platform so users can where users can access all of the Ferrum Network staking projects in one place! Let’s learn more.
Staking CyberFi Through Ferrum’s Flexible DeFi Staking Platform
With the emergence of DeFi and the appeal of passive income, staking has taken on a relevance like never before. Unfortunately, staking has mostly been reserved for big-cap projects with main net, leaving hundreds of exciting new projects — like CyberFi — with no viable option to offer staking for their own token.
This gap in the market is why we built our flexible DeFi Staking Platform for any ERC-20 token. Participants lock their tokens and earn high yields based on the length of time staked. It’s like a decentralized high-yield bank account, with maximum customization for projects and flexibility for participants!
Projects like CyberFi Can Customize Their Staking to Fit Their Needs
Each project and community has different token metrics, unlocking schedules, and community concerns. This is why we built our DeFi Staking Platform to be fully customizable.
CyberFi can choose a staking structure that works for them by deciding on the number of staking pools, the amount of tokens to be staked, the rewards for each pool, the timing for early withdrawal, and much more. We can’t wait to see what CyberFi has in store for its staking structure.
Ferrum and CyberFi to Collaborate on an Automated Staking Platform
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. This means that in addition to launching staking on behalf of CyberFi, we will be partnering to build a platform where users can access all of the Ferrum Network staking projects in one place! We can’t wait to reveal more details on this new Automated Staking Platform.
Thank You
As always, thank you for your continued support of Ferrum Network, and stay tuned for more major partnerships to be announced soon!
-The Ferrum Network Team
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
UniFyre Twitter: https://twitter.com/UnifyreWallet
LinkedIn: http://linkedin.ferrum.network
YouTube: http://youtube.ferrum.network
Reddit: http://reddit.ferrum.network
About CyberFi
CyberFi’s mission is to create a user-friendly DeFi experience and add a new layer of features available. Users of our platform will experience zero-stress, automated DeFi trading and farming, smaller fees and tools for Impermanent Loss mitigation.
CyberFi Social Media
Telegram: https://t.me/cyberfi_tech
Twitter: https://twitter.com/cyberfi_tech
Website: https://cyberfi.tech/
Disclaimer
A project’s use of our staking technology and/or wallet listing does not constitute an endorsement of that project or its token from an investment standpoint. All projects that use our staking and/or listing are clients, unless otherwise stated in this disclaimer. Cryptocurrencies, tokens, and other digital assets are high risk and highly speculative. They may lose their value. All staking participants are advised to do their own research before staking any tokens.
