Announcing our Partnership with Ferrum Network

Sebastian Gronewold
Aug 6 · 3 min read

Dear Tixl Community, we are pleased to announce our partnership with Ferrum Network. Ferrum Network will help Tixl and MTXLT gain entry into the Ethereum ecosystem.

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About Ferrum Network

Ferrum Network is bringing DeFi to the masses with an ecosystem of user-friendly DeFi products for swapping, staking, earning, buying and selling cryptocurrencies. Ferrum’s non-custodial UniFyre Wallet has revolutionized the way people send crypto with innovative Link Drop technology, and will soon transform the OTC market with Swap Drop technology for risk-free OTC transactions embedded in a shareable link. Ferrum partners with quality projects to supercharge their success with technology such as the high-yield DeFi Staking Platform and a Token Bridge for swapping tokens between chains. Look for Ferrum to launch more transformative user-friendly DeFi products throughout 2020 and beyond.

What will Ferrum Network provide for Tixl?

Ferrum Network provides a great tool-set for projects on the Ethereum blockchain, As a result, Tixl and all MTXLT holders will benefit from various features over the coming months:

The BEP-2 <-> ERC-20 Token Bridge

Ferrum Network has built one of the most sophisticated token bridges available. If you want to try it out before it is utilized by Tixl, you can test it with $FRM tokens here. Ferrum Network will offer its token bridge as a type of white-label solution for Tixl so that we can continue to focus our development power on the Autobahn Network.

Staking for MTXLT

With the emergence of DeFi and the appeal of passive income, staking has taken on a relevance like never before. Unfortunately, staking has been reserved almost exclusively for big-cap projects with main net, leaving hundreds of exciting new projects — like Tixl — with no viable option to offer staking for their own token.

Each project, and community, has different token metrics, unlocking schedules, and community concerns. This is why Ferrum Network designed a DeFi Staking Platform that is fully customizable.

We, as Tixl, will choose a staking structure that works for us by deciding on the number of staking pools, the number of tokens to be staked, the rewards for each pool, the timing for early withdrawal, and much more. The MTXLT staking plans will be released over the coming weeks.

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

The Tixl token (MTXLT) will be listed on UniFyre Wallet as soon as it is available on Ethereum, enabling MTXLT holders to take advantage of Ferrum Network’s “Link Drop” technology, which allows 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

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

Finally, MTXLT will be among the first projects to utilize the “Swap Drop” technology for risk-free OTC trades (more information to be released soon).

What’s Next

Shortly, we will announce the details regarding Tixl staking and listing. In the meantime, support the Ferrum Network team by downloading the Unifyre wallet and by following them on Social Media. Their version of the partnership announcement can be found here:

As always, thank you for your continued support of Tixl, and stay tuned for our next milestones!

  • The Tixl Team

tixlcurrency

Tixl.me — Interoperable DeFi Ecosystem with Swap DEX. Made in Germany: $TXL.

Sebastian Gronewold

Written by

Co-Founder & Managing Partner @Tixl @elbstack

tixlcurrency

Interoperable DeFi Ecosystem with Swap DEX. 0 to minimum network/gas fees, instant $BTC transactions & optional privacy. Made in Germany: $TXL.

Sebastian Gronewold

Written by

Co-Founder & Managing Partner @Tixl @elbstack

tixlcurrency

Interoperable DeFi Ecosystem with Swap DEX. 0 to minimum network/gas fees, instant $BTC transactions & optional privacy. Made in Germany: $TXL.

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