Announcing the Next Staking Project: QANplatform

Jun H. Lee
FerrumNetwork
Published in
4 min readAug 16, 2021

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Dear Ferrum Community, We are thrilled to announce the next Ferrum Network staking project — QANplatform.

QAN Staking Project on ETH & BSC — Powered by Ferrum Network

QANplatform is the Quantum-resistant hybrid blockchain platform. Build your software applications like DApps or DeFi and run business processes on the blockchain. “Deploy QANplatform to Amazon AWS or Linode Cloud Provider in 5 minutes” as stated on their website.

The first QANX Token staking pools will open on August 22 (16:00 UTC) for both ERC-20 (ETH) and BEP-20 (BSC). QANX Token holders and will be closed in 7 days or until the pools fill up.

Stake your $QANX and earn up to 61% APY

Early QANX Token holders who will stake their QANX will be rewarded with a 61% APY for staking QANX Token. with their MetaMask wallet.

$QANX BEP-20 (BSC) staking pool information:

Cap: 100,000,000 QANX
Start date: 22nd of August 2021
Start Time (UTC): 16:00
Days Open For Stake: 7 days
Days Of Mandatory Lock: 30 days
Early Reward Return (APY %): 31%
Days Until Maturity: 60 days
Maturity Return (APY %): 61%
Max Contribution: 7,000,000 QANX
Requirement: MetaMask wallet

$QANX ERC-20 (ETH) staking pool information:

Cap: 100,000,000 QANX
Start date: 22nd of August 2021
Start Time (UTC): 16:00
Days Open For Stake: 7 days
Days Of Mandatory Lock: 30 days
Early Reward Return (APY %): 31%
Days Until Maturity: 60 days
Maturity Return (APY %): 61%
Max Contribution: 7,000,000 QANX
Requirement: MetaMask wallet

Staking $QANX Through Ferrum’s Flexible White Glove Staking Service

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 mainnet, leaving hundreds of exciting new projects with not enough flexible options to offer staking and rewards farming for their own 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 QAN Can Customize Their 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, QAN will be able to launch its Staking program before their mainnet goes live. This will help to both stabilize & secure the token price while rewarding early investors through APY in tokens as rewards for the community.

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. Projects can also receive discounts for our products if services are paid for in $FRM.

FRM Token Buyback Transaction
https://etherscan.io/tx/0x47537c8d91651b82d8d22734e3accb62f98e009f3e1da08efe2925e771cbda37

Buyback Wallet Address:
0x238882e6ED428ec533d8A9e6F9bf64758E437006

There’s now over 192,000 $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

QANplatform

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Ferrum Network

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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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Jun H. Lee
FerrumNetwork

Lives to Eat. Breathes Crypto. Reads Books. Studies Markets. Loves Hot Sauce.