Announcing the Next Listing and Staking Project: Baguette Token
Dear Ferrum Community,
We are thrilled to announce the next UniFyre Wallet listing and staking project — Baguette Token!
Baguette Token is a community-based meme project which is building the Favorite Cryptocurrency of Baguette Eaters — the project is still under development. BGTT has/will have several use cases including DeFi ones.Baguette Token tries to overtake Dogecoin through baguettening, which refers to the possible future event when Baguette Token overtakes Dogecoin to become the most valuable meme in terms of market capitalization.
In this article, we describe the Baguette staking and listing and why it is so valuable for both projects.
Staking Baguette 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 Baguette — 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 Baguette 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.
Baguette 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 Baguette has in store for its staking structure.
But that’s not all — Baguette will also enjoy all the benefits of a UniFyre Wallet listing, including technology like Link Drops, Pool Drops and Swap Drops!
Unlocking Link Drop, Pool Drop and Swap Drop Technology for Odinala
The Baguette token will be listed on UniFyre Wallet soon, enabling Odinala holders to take advantage of our ‘Link Drop’ technology, which allows users to send crypto assets to anyone over their platform of choice using a single link, including:
- Telegram
and all other social media or communication platforms where links can be posted.
Moreover, the listing enables our revolutionary ‘Pool Drop’ technology for Baguette, meaning influencers, users and the Baguette project itself will be able send Baguette to up to 100 people at once using a single link, making contests, AMAs and other marketing campaigns completely seamless.
Finally, Baguette will be among the first projects to utilize our Swap Drop technology for risk-free OTC trades using a shareable link.
Thank You
As always, thank you for your continued support of Ferrum Network, and stay tuned for more staking projects 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 with user-friendly products for swapping, staking, and transferring cryptocurrencies. 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 multi-token Liquidity Staking will revolutionize the staking industry. Look for Ferrum to launch more transformative DeFi technology throughout 2020 and beyond.
UniFyre Download Links
UniFyre iOS: https://apps.apple.com/us/app/unifyre-wallet/id1505450820?ls=1
UniFyre Android: https://play.google.com/store/apps/details?id=com.ferrum.unifyre
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
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.
