Announcing the Next Staking Project — BLOCKS + FRMx Buyback
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking project — BLOCKS.
About BLOCKS
BLOCKS is paving the way for DAOs as the first-ever legally registered Wyoming DAO, LLC. BLOCKS is committed to connecting industries and enterprise-grade technologies to blockchain, with an industry and blockchain agnostic approach. The BLOCKS Token is at the heart of the BLOCKS DAO and Builder Program, stewarding everything from on-chain governance to enterprise transactions in our BLOCKS Builders’ partnerships. The foundation of BLOCKS is the goal to connect the world, regardless of industry application, through decentralization; at BLOCKS, Decentralization Connects Us All.
BLOCKS Staking Pools Info
Short Term (BLOCKS/ETH)
Start Date: 11/05/2021 at 16:00 UTC
Days Open for Staking: 10 Days
Full Maturity APY: 70%
Full Maturity Period: 60 Days
Early Rewards APY: 30%
Mandatory Lock: 30 Days
Medium Term (BLOCKS/ETH)
Start Date: 11/05/2021 at 16:00 UTC
Days Open for Staking: 15 Days
Full Maturity APY: 100%
Full Maturity Period: 120 Days
Early Rewards APY: 40%
Mandatory Lock: 60 Days
Long Term (BLOCKS/ETH)
Start Date: 11/05/2021 at 16:00 UTC
Days Open for Staking: 20 Days
Full Maturity APY: 200%
Full Maturity Period: 180 Days
Early Rewards APY: 75%
Mandatory Lock: 90 Days
Staking $BLOCKS 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!
Projects like BLOCKS 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, BLOCKS 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.
Thank You
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 & $FRMx. 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.
FRMx Token Buyback Transaction
https://polygonscan.com/tx/0x129fba1ebb038e7bfbbbeafeda4c0e0e8783abf09aefcdf920982ac1a1ec0824
Buyback Wallet Address on BSC:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on ERC-20:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
There is now over $155,483 USD worth of $FRM & $FRMx in the buyback wallets (on BSC & ERC-20) just from 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.
At Ferrum Network, we’re committed to building secure protocols. We consider ourselves “paranoid security freaks”. This approach boasts over 100 clients, nearly $100 million in TVL, millions of dollars worth of bridged assets and hundreds of smart contracts deployed. We’re proud to say that throughout our tenure providing both our Staking as a Service and Cross-Chain bridging solutions we have not fallen victim to a single exploit! We took the same approach when architecting the Ferrum Cross-Chain Token Bridge as we did when integrating the security protocols used in our Staking Tech.
Disclaimer
A project’s use of Ferrum Technology and/or wallet listing does not constitute an endorsement of that project or its token from an investment standpoint. All projects that use Ferrum Technology 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 cryptocurrency participants are advised to do their own research before interacting with cryptocurrencies.
