In just a few days we will release Ferrum Network’s Web-Based Staking!
FRM Staking can be likened to a savings account — it offers constant time-based returns based on staking time. In other words, the longer you stake, the higher the rewards.
Discussion
Would you recommend this product?
18 Reviews5.0/5
The entire team is super excited to be able to launch FRM staking in couple of days from now. FRM Staking can be likened to a savings account — it offers constant time-based returns based on staking time. In other words, the longer you stake, the higher the rewards. That may seem basic, but FRM Staking unique in many ways. First, it is pool based. Meaning it is a group activity with multiple contributors for each staking contract. Second, it is flexible. Meaning you have the option to withdraw early, stake until full maturity, or withdraw somewhere in between. But be warned: leaving early comes at a cost. Finally, it is strategic. Meaning if you stake until full maturity, and others in your pool withdraw early, you will receive a portion of their rewards. There will be 3 staking pools: Gold (shortest), Platinum (medium) and Diamond (longest). The terms of each staking pool (rewards, lengths, minimum contribution, etc.) are detailed below. We will publish a full “how-to stake” guide in the coming days, but overall it is very simple. Just connect your ERC-20 wallet to the contract, deposit your FRM into the pool, stake until you wish to withdraw, and then withdraw to have your principal and rewards sent back to your wallet. Easy!
Upvote (10)Share
I have never seen before this kind of staking, a novel concept! I'm sure all the people who will stake their Ferrum tokens will have the best user experience ever, and the best gain! Who withdraws its tokens before the maturation date, will earn less rewards, the missing rewards will be distributed to other stakers, really a great idea!
Ferrum is one the best project in the crypto world and very high potential to join top100 coins on cmc.
@n_zeki01 Thank you for your kind support Zeki! We appreciate it 🙏
staking platform is reusable . best return in the market
@amit10338547 One of the best indeed!
Brilliant design and presence Ferrum 💪💪💪
@betmeaway We appreciate it!