Announcing the Next Staking Project — Represent DAO + FRM Buyback

Jun H. Lee
FerrumNetwork
Published in
3 min readSep 20, 2021

--

Staking will Start on 09/20/2021, 12:00 UTC

Dear Ferrum Community,

We are thrilled to announce the next Ferrum Network staking project — Represent DAO.

About Represent DAO

REPRESENT is the ultimate Governance Protocol allowing for instant, secure, efficient, and transparent voting for any Organization, Corporation, Union, Cryptocurrency, or Geographical Area. Any Town, City, Province, State, or Nation can utilize our Decentralized Governance Platform to immediately increase Societal Sovereignty.

It has three main components:

Geographical governance for any geographical location

Organizational governance for any group

Crypto DAO based governance for any cryptocurrency

Represent Staking Pool Info

Start Date: 20-September-2021, 12:00 UTC
APY 100%
Lock: 30 Days
Full Maturity Period: 60 Days

Staking $RPT 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 Represent DAO 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, Represent DAO 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. 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/0xa695d377f71096591f55cb2f925a8aeb6f77cb3efdad36de90f554fde54144ad

Buyback Wallet Address:
0x238882e6ED428ec533d8A9e6F9bf64758E437006

There’s now over 512,000 $FRM in the buyback wallet 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.

Become Cross-Chain Compatible Today

Represent DAO — Social Media

Website | Twitter | Telegram| Medium | YouTube

Ferrum Network — Social Media

Website | Telegram | Twitter | TikTok | YouTube

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.

--

--

Jun H. Lee
FerrumNetwork

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