Announcing the Next Staking Project — The HUSL + FRM Buyback
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking project —
The HUSL.
About The HUSL Project
The HUSL is a new blockchain powered music label. Their aim is to empower artists to give them full control over their work. To allow them to operate on their own terms and on their own accord without intermediaries getting in the way.
Utilizing NFTS, two parties stand to benefit the most: the artist and their fans. Artists can now go direct to a global audience and create experiences, moments, collectibles without any distraction and fans can consume the content and obtain access to their idols like never before.
In the traditional music sector, 88 percent of what artists make goes to the non creatives. And what is remaining for the artist can take months or years to be given to them. The system is broken. The HUSL is here to change that.
The HUSL LP Staking Pool Info
Start Date & Time: 10/23/2021 at 05:00 UTC
Days Open for Staking: 14 days
Early Rewards APY: 40%
Mandatory Lock: 45 days
Full Maturity APY: 75%
Full Maturity Period: 90 days
Staking $HUSL 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 The HUSL 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, The HUSL 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 & $FRMx. 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.
FRMx Token Buyback Transaction
https://polygonscan.com/tx/0x71021fab9fffb679790bc47a040398d9ebbc38e0c838626ab5a2560a7b0bad1f
Buyback Wallet Address on BSC:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on ERC-20:
0x238882e6ED428ec533d8A9e6F9bf64758E437006
Buyback Wallet Address on MATIC:
0xf5289a8c42cc3ec811f488f7e8274198119f171d
There is now over $155,483 USD worth of $FRM & $FRMx in our buyback wallets (on BSC, ERC-20, & MATIC) 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.
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.
