Announcing the Next Staking Project — Babylons + FRM Buyback
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking project — Babylons.
Babylons is the first ‘truly’ community-owned NFT marketplace on Binance Smart Chain with low gas fees, fast transactions, and an easy-to-use minting platform where a user can create green NFTs, collect from amazing artists, and trade with other players while being involved in a fully functional DAO that uses the BABI governance token to operate and also socialize in our colorful community.
Token Utility & Benefits:
- Weekly Reward Program for 364 weeks
- Cross-Chain Staking
- Deflationary Mechanics (Buyback, Buyback & Burn + Burn Events)
- DAO (Governance Voting will be available for stakeholders)
Staking $BABI Through Ferrum’s Flexible White Glove Staking Service
With the emergence of DeFi and the appeal of passive income, staking has taken on a fresh new relevance. Unfortunately, staking and liquidity farming has been chiefly reserved for big-cap projects with mainnet, leaving hundreds of exciting new projects with few flexible options to offer staking and liquidity farming for their token.
This gap in the market is why we built our flexible DeFi Staking Platform. 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!
Staking Pools go LIVE on BSC Network on September 15th 17:00 UTC
Projects like Babylons Can Customize Their Staking to Fit Their Needs
Each project and community has unique token metrics, unlocking schedules, and community concerns. Ferrum Network built its DeFi Staking Platform to be fully customizable to meet the needs of each project.
Thanks to the flexibility offered by Ferrum Network solutions, Babylons will be able to launch its Staking program before their mainnet goes live, which will help to increase their token utility while rewarding community supporters and their early investors.
As always, thank you for your continued support of Ferrum Network, and stay tuned for more major news & partnerships to be announced soon!
The Ferrum Network Team
Introducing Buy Backs from Ferrum Network
Ferrum Network will now be reconciling the success of our products and services with the price of $FRM. To share the success of our business with our community and add additional token utility, Ferrum will be conducting token buybacks for every product sold along with bi-weekly buybacks. We will be sharing our progress for each buyback. Projects can also receive discounts for our products if services are paid for in $FRM.
FRM Token Buyback Transaction
Buyback Wallet Address:
There’s now over 419,219 $FRM in the buyback wallet just from this month’s buyback activities & projects paying for our products using $FRM! Stay tuned for more exciting news and updates from our team at Ferrum Network.
Very truly yours,
The Ferrum Network Team
About Ferrum Network
Ferrum Network is a deflationary cross-chain Blockchain as a Service DeFi company that specializes in adding token utility and advisory services to projects across the crypto space.
Ferrum builds white-label blockchain solutions that power Startups and established organizations, enabling them to get their product to market faster.
Become Cross-Chain Compatible Today
Babylons — Important Links
NFT Marketplace: https://app.babylons.io/
Ferrum Network — Important Links
Telegram Official Community: http://telegram.ferrum.network
Telegram Announcements: https://t.me/ferrum_network_announcements
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.