- 1 ALbxhUPq9Y91Waipc0hNag 1210x423 - Ferrum Network (FRM) Staking Recap

Ferrum Network (FRM) Staking Recap

We’d like to start off by thanking all community members for the support and positive reception of our staking mechanism in the past few days, here at Ferrum Network we’re always focused on our community and ease of use is always at the forefront of our products.

Let’s recap what happened in the past few days:

Diamond Staking Pool — Filled in the very first hour from release, many community members were actively waiting to take advantage of our diamond pool with 50% (And over) rewards.

Platinum Staking Pool — The reward of this pool was 30% (And more) which has proven to be attractive to our community members as it filled within 48 hours from the release.

Gold Staking Pool — This pool lasted the longest, and filled up to just under 80% of its capacity.

The total amount of FRM locked for staking is 8,412,666 (All pools) + 2,397,260 locked for rewards which equate to around 10% of FRM circulating supply.

Social Mining Support

We have to emphasize the importance of our community social miners who were very active during the staking campaign and produced some wonderful designs, let’s explore our favorites:

- 1 CD6z0XlexCkxzfMNrQ Mag - Ferrum Network (FRM) Staking Recap
Produced by gfrancaviglia

The design followed our community request which asked for an infographic that visualized the reward structure for our gold staking pool.

- 1 GKgibfUNwHW7p1A4Q3x1Zw - Ferrum Network (FRM) Staking Recap
Produced by blokceyn
- 1 4R7poplMgM avK4zf8msIw - Ferrum Network (FRM) Staking Recap
Produced by ozgup

There were plenty of other designs and marketing efforts conducted by our community which have made the staking campaign a great success.

Thank you all for your continued support of Ferrum Network. We are really excited to be on this journey with you.

Very truly yours,

The Ferrum Network Team

Ferrum Network Links:

Website: https://ferrum.network/

Telegram: http://telegram.ferrum.network

Twitter: http://twitter.ferrum.network

LinkedIn: http://linkedin.ferrum.network

YouTube: http://youtube.ferrum.network

Reddit: http://reddit.ferrum.network

Bitcoin Talk: http://bitcointalk.ferrum.network

Facebook: http://facebook.ferrum.network

Github: https://github.com/ferrumnet/

Instagram: http://instagram.ferrum.network


Ferrum Network (FRM) Staking Recap was originally published in FerrumNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.