Announcing the Next Staking Project: PolkaRare

Dominik Martin Świerkot
FerrumNetwork
Published in
3 min readMay 20, 2021

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Dear Ferrum Community,

We are thrilled to announce the next Ferrum Network staking project — PolkaRare!

PolkaRare offers NFT creation, NFT trading, multi-token support, community rewards, support licensed content drops, price discoverability, and charges low network fees. Currently, most of the NFT platforms are based on Ethereum. However, the high traffic of the Ethereum network creates various issues in creating and trading NFTs. PolkaRare aims to become a multi-chain NFT platform, where creators and users can optimize the blockchains and seamlessly transfer them across different networks. PolkaRare NFT creation will start on Ethereum and Polygon chains. In the next phase, the NFT will be added to the BSC and will be extended to other blockchain networks gradually.

In this article, we describe PolkaRare and why it is so valuable for both projects.

PolkaRare staking is live: https://staking.polkarare.com/

Staking PolkaRare 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 and liquidity farming has mostly been reserved for big-cap projects with main net, leaving hundreds of exciting new projects with not enough flexible option to offer staking and liquidity farming for their own token.

This gap in the market is why we built our flexible DeFi Staking Platform for any BEP20 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 PolkaRare Can Customize Their Liquidity 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.

Thanks to the flexibility offered by Ferrum Network solutions, PolkaRare will be able to launch earlier its Staking program in order to increase their Pancake Swap pool liquidity while rewarding their liquidity providers. We can’t wait to see what PolkaRare has in store for its staking structure

Thank You

As always, thank you for your continued support of Ferrum Network, and stay tuned for more major partnerships 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. Its cross-chain DAG will enable the transfer of any digital asset in milliseconds for near-zero network fees, unlocking tremendous value for the entire industry. 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 Token Bridge is the fastest, and most secure means of moving assets between Ethereum and Binance Chain. Look for Ferrum to launch more transformative DeFi technology throughout 2020 and beyond.

PolkaRare Social Media

Website | Telegram | Announcements | Twitter | Medium | Vietnam Community | Korean Community | Russian Community | CoinMarketCap | CryptoRank | CoinGecko

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.

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Dominik Martin Świerkot
FerrumNetwork

Twitter: @domscrypto | Bringing Top Notch Marketing To Blockchain & Crypto