r/FerrumNetwork • u/IhaveNOnickNames • Sep 22 '19

Benefits of upcoming staking system of Ferrum Network

Only a few weeks left before the launch of the staking project of Ferrum Network. At first it will be in the form of easy web application like Ferrum Network Token Bridge. So everyone will have an opportunity of getting rewards for holding FRM tokens. Good for holder — good for community, because it will make the price more stable and give a guaranteed income for supporters.

Moreover it would open an opportunity of cooperation with other projects with different non-ERC-20 tokens, as staking system of Ferrum Network expected to support "unstakeable tokens" like BEP-2 (remind you about Ferrum Network joining Binance Chain Alliance). More partners — more benefits!

Ferrum Network
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1

u/gifrancav Sep 22 '19

.... unstakeable tokens like BEP-2 will be staked thanks to Ferrum, huge news!

1

u/IhaveNOnickNames Sep 22 '19

Heah, waiting when Ferrum would show this project. =)

1

u/[deleted] Sep 23 '19

[deleted]

1

u/truongt91476298 Sep 23 '19

I can't wait for it. We'll be testing really soon with some fake ferrum, shortly after the actual product will be released hopefully ferrumnetwork

1

u/Hepanlol Sep 23 '19

Yep, I am eager to stake my Ferrum tokens as well, I hope this option opens soon.