Announcing the Next Staking Project — Toyo + FRM Buyback
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking project — Toyo!
About Toyo
Toyo is an upcoming multimedia franchise in which NFT action figures cross the metaverse to play with humans.
Each NFT character generates royalties for its owners ignited by a shared intellectual property culture.
The first chapter of the franchise is the play-to-earn game, where players put their Toyos to fight against other players’ Toyos — to earn crypto tokens and other NFTs.
Through different battle modes, players are able to enhance their NFTs stats and accelerate their earning rate.
Toyo is being developed by Lucid Dreams (http://luciddreams.ae), a creative technology studio that creates visions for tomorrow in everything we do today.
Toyo Social Media
Website | Telegram | Twitter | White Paper | Discord | Medium | Pitch Deck
Toyo Staking Pools
Pool 1
Start Date: 16-May-2022 at 9:00 UTC
Days Open for Stake: 7 days
Mandatory Lock: 180 days
Early Rewards APY: 72%
Days Until Full Maturity: 270 days
Maturity Rewards APY: 196%
Pool 2
Start Date: 16-May-2022 at 9:00 UTC
Days Open for Stake: 7 days
Mandatory Lock: 60 days
Early Rewards APY: 9%
Days Until Full Maturity: 90 days
Maturity Rewards APY: 67%
Stake $TOYO to Earn Rewards Powered by Ferrum’s Flexible Staking Service
Each project and community has unique token metrics, utilities, and a growing supportive community. Ferrum’s staking technology is fully customizable to meet the needs of each project and deliver the most value to their token holders. By staking your $TOYO each community member will earn rewards!
Buybacks from Ferrum Network
To share the success with our community and add additional token utility, Ferrum conducts a buyback for every product sold to reduce the total supply of tokens in circulation, ensuring both $FRM and $FRMx continue to be deflationary🔥 Below are 3 of the primary drivers to the Ferrum Buyback Program:👇.
⭐️ Ferrum Token Bridge — A portion of the generated fee revenue is used for Buybacks
⭐️ Ferrum Staking as a Service — Portion of the revenue for each staking pool
⭐️ Ferrum Advisor Services Incubator — Portion of the profits generated through the FAS Incubator
$FRM Token Buyback Transaction
https://bscscan.com/tx/0x60398447685008e9d91003e90c3856305d1e485c454dfc077cdb5de381aba5ed
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
About Ferrum Network
Ferrum Network is a pioneer in ushering in the era of Interoperability 2.0. Powered by the Quantum Portal, Ferrum Network’s Mainnet nodes and related infrastructure will bring value, data, and functional interoperability to every chain in the industry. Utilizing the Ferrum Network, anyone can build and deploy solutions on one network and instantly enable multi-chain functionality without the technical debt of managing a multi-chain infrastructure for their dApps, and projects.
Ferrum also specializes as a multi-chain Blockchain as a Service DeFi company, adding deflationary mechanisms, token utility, and advisory services to projects across the crypto space.
With the mission of breaking down barriers to mass adoption in mind, Ferrum empowers the industry by reducing friction and bringing startups and established networks closer together.
Ferrum Network — Social Media
Website | Telegram | Twitter | Medium | YouTube | TikTok | Discord
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.