Hi guys, We’re coming up with staking with Ferrum Network with APR upto 600%
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 their Token Bridge is the fastest, and most secure means of moving assets between Ethereum and Binance Chain.
There will be three pools for Staking as below:
1. Mini Bull: It is a pool with 200% APR with maximum limit of 150k Ebull tokens with a maturity period of 2 months.
2. Average Bull: It is a pool with 400% APR with maximum limit of 100k Ebull tokens with a maturity period of 4 months.
3. Big Bull: It is a pool with 600% APR with maximum limit of 50k Ebull tokens with a maturity period of 6 months.
The deposits to various pools will open on 14th Feb. at 16:00 UTC.
Entries to the Pool will be on first come first basis. There is no minimum limit of tokens to be staked.
Pools will be open for 7 days and will be closed early if all the pools are filled.
*APR- APR stands for Annual Percentage Return, It means the amount of interest rate you’ll be receiving on your Initial amount in a year.
*Pool Size- The amount of tokens available to stake with Particular APR and time period.
*Maturity Period- The Maturity Period refers to the moment in time when the interest on the Principal amount must be repaid to an investor.
Early Withdraw Period: In case an investor wants to withdraw their staked tokens before the maturity period, they can do it in half time period of the selected pool and the APR will also be changed to half. For example if you choose to stake your tokens in Mini bull and want to withdraw it before 2 months then you can withdraw it in 1 month but the APR will be reduced to half from 200% to 100%.
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