Crucible will go Live on Arbitrum, Tuesday March 7th at 16:00 UTC.

04 Mar 2023, 19:37

📣Crucible will go Live on Arbitrum, Tuesday March 7th at 16:00 UTC! 🔥We are thrilled to announce that cFRM is now live on Arbitrum. 💥This means Crucible, Ferrum Network's DeFi 2.0 sustainable staking product, is coming to Arbitrum. Users who receive FRM in exchange for their FRMx will be able to mint cFRM from their FRM tokens and stake them in the Crucible dashboard to start earning APRs starting at 16:00 Tuesday, March 7th. While Crucible has already been thoroughly tested and is ready to be sent to production, we wanted to give everyone the weekend to see the announcement in order to even the playing field a bit and give everyone a fair chance of getting in early. 🚀We anticipate significant volume to be generated from transactions in the first days of Crucible being live on Arbitrum, so make sure to get in early to take advantage of the early APRs. 💰What is Crucible Staking? Crucible is an innovative DeFi 2.0 sustainable staking platform built by Ferrum Network. It is designed to be deflationary, meaning that it helps burn tokens. The platform offers attractive staking rewards and enables users to earn passive income by staking their tokens. If you're looking for a secure and profitable way to earn rewards on your FRM holdings while also gaining access to other Ferrum Network ecosystem utilities, check out Crucible today.