Announcing the Next Staking Project — Day By Day + FRM Buyback
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking project —
Day By Day.
About Day By Day
Day By Day is reimagining insurance with DeFi and NFTs. This will be the first of a kind blockchain-based insurtech platform. Our successfully released Web 2 business management platform and asset registry mobile app will connect to our Web 3 insurance DAO and take insurance to a new level of trustworthiness and transparency.
Our InsureFi Day By Day DAO solution will comprise of an insurance marketplace which will connect insurers and buyers to insure real world assets using NFTs, while investors will have the opportunity to take advantage of DeFi type investing (i.e staking).
Day By Day is not a competitor for insurance companies, but rather the enabler to promote insurance products, provide access to new customers and facilitate insurance transactions.
The Day By Day platform is supported and driven by the DBD Token which will be used for:
• Decentralised insurance transactions
• Powering the Insurance DAO (governance)
• Premium accuracy
• Income for investors via DAO staking
• Insurer and investor risk management
• Rewarding the community
Day By Day Staking Pool Info
DBD Community Staking Pool
Start Date: 11/16/2021 at 02:00 UTC
Days Open for Staking: 60 Days
Full Maturity APY: 65%
Full Maturity Period: 180 Days
Early Rewards APY: 15%
Mandatory Lock: 90 Days
Staking $DBD 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 Day By Day 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, Day By Day will be able to launch its Staking program before their public launch, 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.
$FRM Token Buyback Transaction
https://bscscan.com/tx/0x11e96504ebbb4463045612bf26753919efd74cd9469e79b907d6f2f1369011af
Buyback Wallet Address on BSC:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on ERC-20:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
There is now over $206,378 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.
