Velas Joins the Iron Alliance— Ferrum Receives Grant to Integrate Staking Solutions

Velas joins the Iron Alliance after approving a grant that will allow Ferrum to integrate Ferrum’s Staking as a Service solutions with Velas.

Nick Odio
Published in
3 min readApr 5, 2022


Dear Ferrum Community,

It is with great pleasure that we are able to say that we will be the proud recipients of a grant from Velas to bring our suite of Staking as a Service solutions to Velas — “THE FASTEST EVM CHAIN TO COMPETE WITH ETHEREUM 2.0".

What does this grant entail?

At Ferrum, we are constantly striving to stay ahead of the curve when it comes to not only market trends but the future of scalable and interoperable networks.

“Very few EVM compatible networks have achieved the speed and TPS of Velas. This is one of the many reasons why we believe that projects will continue to build there. Ferrum is thrilled to be a part of Velas’ growth!”

— Nick Odio EVP of Strategic Partnerships and Growth at Ferrum Network

Integration of Staking as a Service Products

Ferrum’s bread and butter has always been our tried and true Staking as a Service solutions. We are thrilled to be bringing our staking solutions to Velas. With this integration, we hope to not only provide these incredible products to projects already building on Velas, but we aim to encourage more developers and dApps to make Velas their home.

Velas to Join the Iron Alliance

We are thrilled to welcome Velas into the Iron Alliance. Very few ecosystems in the industry provide as much value to its constituents as the Iron Alliance. The Iron Alliance is a cohesive collective of projects, always seeking to better the landscape of decentralized protocols. We are fortunate to gain such a promising project such as Velas and we look forward to seeing the value that the Alliance returns to Velas.

In Conclusion

We look forward to beginning our journey with Velas and believe that this will end up being a long-lasting and fruitful relationship. We will keep the community updated as we work on this integration over the coming months. Thank you to the folks at Velas for the opportunity and thank you Ferrum Community for all of your unwavering support!

Stay tuned!

Very truly yours,

The Ferrum Network Team

About Velas

Velas Network AG, headquartered in Switzerland, is the next generation blockchain project that allows building dApps and smart contracts, and enables the scalability of the transactions, being able to validate up to 75 000 transactions per second, making Velas currently the world’s fastest Ethereum compatible chain.

Velas has built the most recent version of Velas chain off Solana’s code and added full EVM support and this way inherited the best from both: high TPS, 1-second finality, and EVM/Solidity support.

Additionally, Velas has built in-house multi-currency wallets (Velas wallet), with staking and swapping functionality.

Bitorbit is a decentralized social media platform, built by Velas team, bringing content creators power over their data, privacy, censorship back and allowing them to earn 100% profits for their content.

Velas Account is a simplified decentralized login solution to dApps and defi, similar to Google and Apple accounts.

Velas Important Links

Website | Telegram | Twitter | YouTube | Discord

Ferrum Network Important Links

Website | Telegram | Twitter | YouTube



Nick Odio

Seeks Truth. Hacks Biology. Shreds Powder. Watches Markets. Reads Books.