Ferrum Network Becomes a Strategic Investor and Staking Provider of Bot Ocean

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FerrumNetwork

3 min readJan 31, 2021

Bot Ocean is building next-generation trading tools and bot strategies to automate crypto trading and accommodate users of all experience levels. We are building the next-generation of algorithm trading tools, allowing traders to choose from a wide range of trading bots. The Bot Ocean platform offers the most robust trading bots in the cryptocurrency space. Our bots have been tested against massive historical data and can outpace any human trading strategy. Our dedication to creating a well developed blockchain infrastructure has caught the eye of many in the space. The amount of support and interest received from the crypto industry is truly humbling and let’s us know we’re on the right path.

“We are honored to announce Ferrum Network as our new strategic partner and investor” Ferrum is a complete DeFi solution provider that aims to solve the interoperability challenges within the space. DeFi ecosystems are currently siloed within individual blockchain networks. Ferrum’s Unifyre Wallet changes this and grants its users the power to stake any asset listed as staking partner. With over 50 projects using its technology and $20 million+ TVL across its Defi staking protocol, it’s easy to see why this partnership is so exciting. Ferrum is so much more than just a staking platform, offering its community constant value with a swiss army knife approach to DeFi.

The partnership between Bot Ocean and Ferrum will make BOTS token staking convenient and flexible for all Bot Ocean users. Ferrum’s staking-as-a-service will enable end-users to stake BOTS through an easy to use interface and ultimately provides another utility for token holders. 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.

This partnership is the first of many, exciting things to come. We thank our early community members for their support and look forward to bringing you even more updates in the near future.

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“It is a pleasure to have Ferrum Network as our strategic investor. Their support for our project will be of immense value as it will help us create better tools and bots for crypto traders. Working with Ferrum is all the more significant for us as we believe we can together have a bigger impact in moving the world towards cryptocurrencies.”

-Dragos Lipa, CEO of Bot Ocean said

“Ferrum is thrilled to be the preferred staking partner of Bot Ocean, one of the most promising new projects of 2021. To show our commitment to the long term success of Bot Ocean, we are happy to report that Ferrum has entered the round as a strategic investor. We look forward to supporting Bot Ocean throughout 2021 and beyond.”

-Ian Friend, Co-Founder of Ferrum Network.

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