Announcing the Next Staking Project — YouClout + FRM Buyback
Dear Ferrum Community,
We are thrilled to announce the next Ferrum Network staking project — YouClout.
About YouClout
YouClout is the first Cardano native Metaverse enabling Tik-Tok style NFTs to bridge the gap between influencers and their community, allowing them to tokenize their creations and providing a marketplace to bring together sellers and buyers.
Built on top of the Metaverse, YouClout is the first community driven virtual social network featuring an interactive 3D Universe where people can socialize with influencers.
YouClout Liquidity Staking
BNB/YCT LP
Start Date: 12/29/2021 at 24:00 UTC
Days Open for Stake: 14 days
Mandatory Lock: 91 days
Early Rewards APY: 70%
Days Until Full Maturity: 365 days
Maturity Rewards APY: 720 %
Staking $YCT 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, DeFi & liquidity staking has been chiefly reserved for big-cap projects. It leaves 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 YouClout 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, YouClout will be able to launch a Staking program which will help increase its token utility while rewarding community supporters and their early investors!
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.
$FRM Token Buyback Transaction
https://bscscan.com/tx/0xf4d6e5dec3fa791511e7c4341732f14542412b6d57c299f4c133f2a5a4c47b75
Buyback Wallet Address on BSC:
0xf5289a8c42cc3Ec811F488F7e8274198119f171D
Buyback Wallet Address on ERC-20:
0xf5289a8c42cc3Ec811F488F7e8274198119f171D
Buyback Wallet Address on MATIC:
0xf5289a8c42cc3Ec811F488F7e8274198119f171D
There is now over $213,336.61 worth of $FRM & $FRMx in the buyback wallets (on BSC & ERC-20) 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.
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 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.
At Ferrum Network, we’re committed to building secure protocols. We consider ourselves “paranoid security freaks”. This approach boasts over 100 clients, nearly $100 million in TVL, millions of dollars worth of bridged assets, and hundreds of smart contracts deployed. We’re proud to say that we have not fallen victim to a single exploit throughout our tenure providing both our Staking as a Service and Cross-Chain bridging solutions! We took the same approach when architecting the Ferrum Cross-Chain Token Bridge as we did when integrating the security protocols used in our Staking Tech.
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.
