By: Geeq on Oct 21, 2020
Dear Geeq Community,
We are thrilled to announce that $GEEQ will soon be offering non-custodial liquidity staking on the Ferrum Network!
Geeq is a multi-blockchain platform secured by our Proof of Honesty protocol (PoH), safe enough for your most valuable data, cheap enough for IoT, and flexible enough for any use.
This pre-staking program will further incentivize the long term supporters of Geeq with Great Rewards available for those who wish to utilize the offer. It will also attract and increase unique wallet holders to Geeq, and further expand the volume of holders of the $GEEQ Token. This is a great way for us to Increase Awareness of the project and give something back to the community and early supporters of Geeq from around the world.
Staking $GEEQ 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. Utilizing the Ferrum network and platform enables many projects that are still in their infancy to have access to the same level of interest and flexibility that token holders have become accustomed to in the current climate.
This gap in the market is why Ferrum 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 $GEEQ Can Customize Their Staking to Fit Their Needs
Each project and community has different token metrics, unlocking schedules, and community concerns. This is why Ferrum built their DeFi Staking Platform to be fully customizable. Geeq can choose a staking structure that works for them by deciding on the number of staking pools, the number of tokens to be staked, the rewards for each pool, the timing for early withdrawal, and much more.
Watch this space! Full details on the APR and staking terms to follow in due course.
Geeq and Ferrum together will reveal the details around Geeq Liquidity Staking including APYs, time lengths, early withdrawal options and all other details regarding their Liquidity Staking. We can’t wait to show you what’s in store for Geeq Liquidity Staking!
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. Keep an eye out for Ferrum launching more transformative DeFi technologies throughout 2020 and beyond.
Follow Ferrum/UniFyre on Social Media
Ferrum Website: https://ferrum.network/
UniFyre Website: https://unifyre.io/
UniFyre Twitter: https://twitter.com/UnifyreWallet