Announcing the Next Staking Project — Ridotto + FRM Buyback
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking project — Ridotto.
About Ridotto
The gambling industry is about to undergo a major paradigm shift, but only those in the know are aware of it.
At first glance, some may make the mistake of lumping Ridotto in with all the other crypto gambling platforms. And yes, Ridotto will offer casino games — but through Ridotto build, bankroll, and governance, it will do so much more as the first truly decentralized casino.
Ridotto is a cross-chain gambling and lottery protocol based on complete transparency, anonymity, security, and fairness. Built on Cardano, their approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous liquidity. Ridotto’s overarching goal is to elevate the user to the role of “house,” thereby offering a fully scalable alternative to centralized online gambling.
Beyond their vibrant flagship casino, they will unleash retail ingenuity by giving users the decentralized infrastructure to experiment and evolve the gambling ecosystem, much like the App Store did for mobile gaming.
Ridotto Build
Ridotto will offer its community and B2B partners alike a seamless and retail-friendly casino-building protocol through which they can develop their very own, hand-tailored casino games and applications.
Ridotto Bankroll
But Ridotto doesn’t stop there; true decentralization means that profit sharing is open source too! Ridotto’s intricate system of liquidity providing will empower investors and gambling enthusiasts alike to bankroll its ecosystem of games, even accounting for individual risk preferences.
Ridotto Govern
Ridotto was born to solve gambling’s most notorious downside: the temptation for insider exploitation, a disadvantage so famous that it has its own universally understood phrase, “The House Always wins.” Ridotto throws out this resignation by turning it on its head, and elevating the user to the position of being “the House.”
As a DAO, Ridotto has inbuilt integrity that guarantees user safety. It can be said to be trustless, only because users have no need to trust Ridotto; its integrity is readily verifiable because it is open-source and distributed on the blockchain. In other words, the Ridotto protocol runs automatically according to a predetermined set of rules, initially created by the team, but increasingly entrusted to the community.
Ridotto Staking Pool Info
Start Date: 30-September-2021, 16:00 UTC
Days Open for Staking: 14 Days
Lock: 30 Days
Full Maturity Period: 90 Days
Staking $RDT 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 Ridotto 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, Ridotto 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/0xbbfd02b29027aa1249ab82640d0d471556951d80ce2450849c1378432c18cf23
Buyback Wallet Address on BSC:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on ERC-20:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
There’s now over 543,394 $FRM in the buyback wallets 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
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.
