Announcing the RadixDLT Listing and Flash Staking Pool

Ian M. Friend, Esq.
FerrumNetwork
Published in
3 min readDec 12, 2020

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Dear Ferrum Community,

We are thrilled to announce the RadixDLT UniFyre Wallet listing and the first ever Flash Staking Pool!

In this Flash Staking Pool, which utilizes our Multi-Token Staking technology, participants will have the opportunity to stake FRM and earn RadixDLT as rewards!

In this article, we describe the UniFyre Wallet listing and the Flash Staking Pool in greater detail. Enjoy!

What is RadixDLT

RadixDLT is the first layer 1 protocol specifically built to serve DeFi. RadixDLT uses significant technology innovations to be the first layer 1 protocol specifically built to serve the rapidly growing DeFi industry.

Now, with the UniFyre Wallet listing, the eXRD token has been imbued with instant additional utility.

Unlocking Link Drop, Pool Drop, and Swap Drop Technology for eXRD

The eXRD token has been listed on UniFyre, enabling eXRD holders to take advantage of our ‘Link Drop’ technology, allowing users to send crypto assets to anyone over their platform of choice using a single link, including:

  • Telegram
  • Twitter
  • WhatsApp
  • Facebook
  • LinkedIn
  • Reddit
  • Instagram
  • Email

and all other social media or communication platforms where links can be posted.

Moreover, the listing enables our revolutionary ‘Pool Drop’ technology for eXRD, meaning influencers, users and the RadixDLT project itself will be able send eXRD to up to 100 people at once using a single link, making contests, AMAs and other marketing campaigns completely seamless.

Finally, RadixDLT is among the first projects to utilize our Swap Drop technology for risk-free OTC trades using a shareable link.

The FRM and eXRD Flash Staking

Flash Staking is a new Ferrum Network initiative in which we will open a small, short term FRM staking pool with a nice APY with rewards given in another project’s tokens.

By allowing users to stake FRM and earn another project’s tokens, it adds additional value and utility for FRM, and is an excellent way to connect communities and promote our industry leading Multi-Token Staking Technology.

In the coming days, we will announce the details surrounding the FRM/eXRD Flash Staking and how you can get involved!

Thank you to RadixDLT Team and Community

We want to give a special thanks to the Radix team and community for offering to be the first project to partake in our Flash Staking initiative!

As always, thank you for your continued support of Ferrum Network, and please join our announcement channel to stay up to date all upcoming news!

-The Ferrum Network Team

About Ferrum Network

Ferrum Network is building a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption with user-friendly products for swapping, staking, and transferring cryptocurrencies. Its cross-chain DAG will enable the transfer of any digital asset in milliseconds for near-zero network fees, unlocking tremendous value for the entire industry. Ferrum’s non-custodial UniFyre Wallet has already revolutionized the way people send crypto with its “Link Drop” technology, and is transforming the OTC market with risk-free OTC swaps embedded in a shareable link. Ferrum’s Staking-as-a-Service is now used by dozens of projects, and our Token Bridge is the fastest, and most secure means of moving assets between Ethereum and Binance Chain. Look for Ferrum to launch more transformative DeFi technology throughout 2020 and beyond.

UniFyre Download Links

UniFyre iOS: https://apps.apple.com/us/app/unifyre-wallet/id1505450820?ls=1

UniFyre Android: https://play.google.com/store/apps/details?id=com.ferrum.unifyre

Follow Ferrum/UniFyre on Social Media

Ferrum Website: https://ferrum.network/

UniFyre Website: https://unifyre.io/

Telegram: http://telegram.ferrum.network

Twitter: http://twitter.ferrum.network

UniFyre Twitter: https://twitter.com/UnifyreWallet

LinkedIn: http://linkedin.ferrum.network

YouTube: http://youtube.ferrum.network

Reddit: http://reddit.ferrum.network

Disclaimer

A project’s use of our staking technology and/or wallet listing does not constitute an endorsement of that project or its token from an investment standpoint. All projects that use our staking 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 staking and/or Flash Sale participants are advised to do their own research before staking or purchasing any tokens.

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Ian M. Friend, Esq.
FerrumNetwork

Co-Founder, COO and General Counsel at Ferrum Network — a fast interconnectivity network for decentralized cross-chain financial applications