Announcing the Next Staking Project — ITSMYNE + FRM Buyback
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking project —
ITSMYNE.
About ITSMYNE
ITSMYNE by NFT Labs, the issuer of the MYNE token, is a social-plus marketplace for officially licensed sports NFTs. Think of ITSMYNE as Reddit meets NBA Top Shot.
Backed by Longhash Ventures, Protocol Labs, Hype Sports Accelerator, Celo Camp, and Antler Singapore, ITSMYNE’s marquee investors include X21 Capital, AU21 Capital, Lupa X Capital, Shima Capital, Blockstart Ventures, Longhash Ventures, CaKoin Capital, and more.
With ITSMYNE, you can sign up and buy your first NFT in under one minute. It’s easy to use by both crypto-native as well as non-crypto-native audiences.
ITSMYNE is a multi-chain project, the MYNE token is BEP-20, and NFTs on ITSMYNE are minted on Aurora EVM by NEAR Protocol.
HOWZAAAT! Staking Pool
Start Date: November 10, 2021 at 10:00 UTC
Days Open for Staking: 3 Days
Full Maturity APY: 100%
Full Maturity Period: 90 Days
Early Rewards APY: 24%
Mandatory Lock: 7 Days
Staking $MYNE 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 ITSMYNE 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, ITSMYNE 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. 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.
FRM Token Buyback Transaction
https://bscscan.com/tx/0xb3e0d23d4932c6d5f8461702dbe9c6ba353d739f1976cbe0ff5458ac9155d4ab
Buyback Wallet Address on BSC:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on ERC-20:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on MATIC:
0xf5289a8c42cc3ec811f488f7e8274198119f171d
There is now over $197,583 worth of $FRM & $FRMx in our buyback wallets (on BSC, ERC-20, & MATIC) just from buyback activities and 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
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.
