FNDZ staking on Ferrum
FNDZ is teaming up with Ferrum to offer our holders a web-based staking service which allows you to stake your FNDZ tokens for constant time-based returns based on the duration of your staking commitment. In other words, the longer you stake, the higher the rewards.
We will be opening a new staking pool on 1st Jan 2022 at 11am UTC.
FNDZ Staking Terms
Full maturity: 90 days
Full Rewards: 14% APR annualized
Early withdrawal: 60 days
Early withdrawal: 8% APR annualized
No Minimum, MAX stake allowed 150000 $FNDZ
Pool size: 7 million $FNDZ
Contribution window opens on 1st Jan 2022 at 11am UTC
Contribution window closes on 8th Jan 2021 at 11am UTC if pool is not filled before then
The option to unstake will open up in 90 days (full maturity), with early withdrawal after 60 days. The APR will be reduced to 8% in the FNDZ Staking pool should you choose to remove your tokens before the full 90 days of the staking pool term.
Staking $FNDZ Through Ferrum’s Flexible White Glove Staking Service
With the emergence of DeFi and the appeal of passive income, staking has taken on a fresh new relevance. Unfortunately, DeFi staking has been chiefly reserved for big-cap projects with mainnet, leaving hundreds of exciting new projects with few flexible options to offer staking and liquidity farming for their token.
This gap in the market is why Ferrum built their flexible DeFi Staking Platform. 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!
Thanks to the flexibility offered by Ferrum Network solutions, FNDZ will be able to launch its Staking program, which will help to increase their token utility while rewarding community supporters and their early investors.
If you are new to Staking, we have a handy guide below.
A step-by-step guide to staking FNDZ:
Download and install an Ethereum web3 compatible wallet, such as MetaMask. Because Metamask is the most widely adopted wallet, we’ll use it for this staking tutorial.
Add Binance smart chain to your MetaMask. Then import the FNDZ token contract address by clicking ‘Add Token’ in your MetaMask wallet. This is the contract address – 0x7754c0584372D29510C019136220f91e25a8f706
Deposit FNDZ into your MetaMask (plus enough BNB to pay for gas fees). If you need help with getting FNDZ, visit our ‘How to buy’ guide.
Next, go to our staking website
Select the FNDZ Staking pool you would like to contribute to and press “Stake” (when it opens).
After you’ve clicked on “Stake”, the MetaMask pop-up notification will open. Click “confirm” at the bottom of the menu to connect to the staking smart contract.
When you are ready to stake, press “Stake”.
This will take you to a new page. First, read and understand the disclaimer and then, if you are happy, agree to the terms.
Next, input the amount of FNDZ you wish to stake.
Then confirm the amount is correct and approve the allocation.
Allow MetaMask to spend your FNDZ (i.e. send your FNDZ to the staking contract) and press “confirm”.
IMPORTANT NOTE ON TRANSACTION FEES: You can edit the BSC Network gas fee in MetaMask by pressing “edit” and choosing a custom gas fee. Note that lower fees have slower transaction times (this is optional as the bsc network is faster and cheaper than Ethereum).
Next, confirm your staking transaction is accurate and press “submit”.
MetaMask will pop up. Confirm your transaction in MetaMask, and remember to edit the gas fee if you wish to change the increase or decrease transaction speeds.
Finally, wait until the transaction goes through (see countdown on the right hand corner of the page), and after a few seconds your stake should be confirmed!
If you have further questions, please drop into our Telegram group chat where our official FNDZ Admins will be glad to assist you.
As always, thank you all for your support, and happy staking!
The FNDZ Team
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