Introducing Ferrum Monthly Airdrops — Update to Presales & Monthly Holder Rewards+ Monthly Holder Rewards Have Been Sent.
08 Nov 2022, 13:55
📣 Introducing Ferrum Monthly Airdrops — Update to Presales & Monthly Holder Rewards💰+ Monthly Holder Rewards Have Been Sent!
👉We’re excited to announce this update on Monthly Holder Rewards and Crucible as part of Ferrum’s phased approach to reduce FRMx emissions and create more benefits for Crucible stakers.
🔥Up until now, FRM and FRMx holders have been able to access both Ferrum Advisory Services presales and Monthly Holder Rewards by either simply holding cFRM and cFRMx OR staking cFRM and cFRMx.
❗️Starting from the next snapshot for November 2022 onwards users will be required to stake their cFRM and cFRMx holdings in order to qualify for both Ferrum Monthly Airdrops AND FAS presales.
🤩This change should help reduce emissions, make FRM and FRMx more deflationary, increase the number of Crucible users, benefit current Crucible users and more. We feel that this is a proper step forward for both the Ferrum token economy and Crucible.
📰Read more about Monthly Airdrops on Medium
📰Read more about Monthly Airdrops on CoinMarketCap
Fees Generated after Distributing Monthly Holder Rewards:
💥Total Rewards: 71.58 cFRMx
💥Fees Generated: 1.43 cFRMx
💥Burned: 0.14 FRMx and cFRMx
💥Staking Rewards Generated: 1.28 cFRMx