Ferrum Network Staking Partnership

Dominion DAO
2 min readDec 24, 2020

It is our pleasure to announce the beginnings of a great partnership with Ferrum Network for our Private Presale with Staking.

In this article, we describe the staking solution and why it is so valuable for both projects.

Staking ethrift Through Ferrum’s Flexible DeFi Staking Platform

With the emergence of DeFi and the appeal of passive income, staking has taken on a relevance like never before. Unfortunately, staking has mostly been reserved for big-cap projects with main net, leaving hundreds of exciting new projects — like ethrift — with limited options to offer staking for their own token.

This gap in the market is why Ferrum Network have built their flexible DeFi Staking Platform for any ERC-20 token. Participants lock their tokens and earn high yields based on the length of time staked. It’s like a decentralized high-yield bank account, with maximum customization for projects and flexibility for participants!

Projects Like ethrift Can Customize Their Staking to Fit Their Needs

Each project and community has different token metrics, unlocking schedules, and community concerns. We can choose a staking structure that works for us by deciding on the number of staking pools, the amount of tokens to be staked, the rewards for each pool, the timing for early withdrawal, and much more.

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 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.

ethrift Social Media

Website: https://ethrift.io/

Telegram: https://t.me/ethrift

Twitter: https://twitter.com/eth_rift

Medium: https://ethrift.medium.com

UniFyre Download Links

UniFyre iOS: https://apps.apple.com/us/app/unifyre-wallet/id1505450820?ls=1

UniFyre Android: https://play.google.com/store/apps/details?id=com.ferrum.unifyre

Follow Ferrum/UniFyre on Social Media

Ferrum Website: https://ferrum.network/

UniFyre Website: https://unifyre.io/

Telegram: http://telegram.ferrum.network

Twitter: http://twitter.ferrum.network

UniFyre Twitter: https://twitter.com/UnifyreWallet

LinkedIn: http://linkedin.ferrum.network

YouTube: http://youtube.ferrum.network

Reddit: http://reddit.ferrum.network

Ferrum Network Disclaimer

A project’s use of our staking technology and/or wallet listing does not constitute an endorsement of that project or its token from an investment standpoint. All projects that use our staking and/or listing are clients, unless otherwise stated in this disclaimer. Cryptocurrencies, tokens, and other digital assets are high risk and highly speculative. They may lose their value. All staking participants are advised to do their own research before staking any tokens.

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Dominion DAO

Decentralised Guild System for Enterprise Syndicate Trading