Ferrum Network and DeFi City Form Strategic Partnership with Private Sale Allocation Available to FRM/FRMx Holders

Ian M. Friend, Esq.

Published in

FerrumNetwork

3 min readMay 25, 2021

Dear Ferrum Network Community,

We are thrilled to announce the formation of a new strategic partnership with the up and coming defi project DeFi City!

Ferrum Network is excited to join forces with DeFi City, a browser-based virtual world that gamifies and simplifies DeFi yield farming by allowing everyone to manage their farms and track key performance yield farming using a in-game dashboard. This partnership also allows us to engage the DeFi City community as part of our goal to integrate multiple technologies and communities into our ecosystem.

We are also excited to reveal that Ferrum has secured a $175,000 allocation in the private sale which is reserved for select top-tier FRM investors! More info on the private sale will be revealed soon…

Ferrum Network is confident in the synergistic benefits of our partnership combining the best of both companies for the benefit of mainstream consumers. We are excited to align with the DeFi vision and look forward to add value to both the Ferrum Network and DeFi City team.

We are also proud to report that Ian Friend, co-founder of Ferrum Network, has come on as a strategic advisor to DeFi City!

What is DeFi City: Next Level Farming and Beyond

Farming has earned its place in the DeFi Movement but DeFi City believes that it shouldn’t be agonizing. It should be fun, like playing a game! With DeFi City, there’s no more need to waste time managing many different farms across multiple platforms. Instead, login, buy a plot, build a beautiful, fully customizable NFT-based city, incorporate your farms, and farm away! Users have the ability to:

Build cities and property: Upgrade and customize your city using exclusive items purchased from the DeFi City Store or obtained from other players. You can buy the items from the store with DFC, burning a portion of the tokens in the process.

Track yield farming performance: Whether you’re lending on AAVE, providing liquidity on SushiSwap or Uniswap, or staking your funds on Vesper or yEarn, your in-game dashboard and your city will neatly visualize and summarize all the necessary information you’ll ever need to make the best farming decisions.

Earn Rewards: Earn token rewards by staking your DFC tokens in your city’s Townhouse.

Airdrops: Owning a city makes you automatically eligible for random NFT and token airdrops.

Cross-Chain Farming

Using DeFi City you’ll be able to farm and invest in protocols built on multiple chains. DeFi City is launching on Ethereum but will expand to other networks in the future.

While the token supply for many projects varies, the DFC token has a limited supply of 100 million tokens and is a deflationary asset as it burns a percentage of the DFC tokens used in the transactions.

More Info on the Private Sale to be Revealed

In the near future we will be revealing how FRM/FRMx holders will be able to qualify for this exclusive private sale!

Thank You

Thank you to the DeFi City team and community, we are looking forward to a long and fruitful strategic partnership!

-The Ferrum Network Team

About Ferrum Network

Ferrum Network is a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption. Ferrum’s cross-chain DAG enables the transfer of any digital asset in milliseconds for near-zero network fees. Its non-custodial UniFyre Wallet has revolutionized the way people send crypto with its “Link Drop” technology and Staking-as-a-Service being used by over 50 projects. Their Token Bridge is the fastest and most secure means of moving assets between Ethereum and Binance Chain.