Ferrum Network x DeFi City Partnership

Published on: 26.05.2021
Ferrum Network x DeFi City Partnership

Ferrum Network x DeFi City announced partnership to engage #DeFiCity community as part of their goal to integrate multiple technologies and communities into ecosystem.

Farming has earned its place in the DeFi Movement but DeFi City believes that it shouldn’t be agonizing. It should be fun, like playing a game! With DeFi City, there’s no more need to waste time managing many different farms across multiple platforms. Instead, login, buy a plot, build a beautiful, fully customizable NFT-based city, incorporate your farms, and farm away! Users have the ability to:

Build cities and property: Upgrade and customize your city using exclusive items purchased from the DeFi City Store or obtained from other players. You can buy the items from the store with DFC, burning a portion of the tokens in the process.

Track yield farming performance: Whether you’re lending on AAVE, providing liquidity on SushiSwap or Uniswap, or staking your funds on Vesper or yEarn, your in-game dashboard and your city will neatly visualize and summarize all the necessary information you’ll ever need to make the best farming decisions.

Earn Rewards: Earn token rewards by staking your DFC tokens in your city’s Townhouse.

Airdrops: Owning a city makes you automatically eligible for random NFT and token airdrops.

🔻Cross-Chain Farming

Using DeFi City you’ll be able to farm and invest in protocols built on multiple chains. DeFi City is launching on Ethereum but will expand to other networks in the future.

While the token supply for many projects varies, the DFC token has a limited supply of 100 million tokens and is a deflationary asset as it burns a percentage of the DFC tokens used in the transactions.

What is Ferrum Network?

Ferrum Network is a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption. Ferrum’s cross-chain DAG enables the transfer of any digital asset in milliseconds for near-zero network fees. Its non-custodial UniFyre Wallet has revolutionized the way people send crypto with its “Link Drop” technology and Staking-as-a-Service being used by over 50 projects. Their Token Bridge is the fastest and most secure means of moving assets between Ethereum and Binance Chain.

What is DeFi City?

DeFi City is a browser-based virtual world that gamifies and simplifies DeFi yield farming by allowing everyone to visualize and manage their farms and track key performance yield farming indicators from a single, visually appealing in-game dashboard.

📰 INFO:

https://medium.com/ferrumnetwork/ferrum-network-and-defi-city-form-strategic-partnership-with-private-sale-allocation-available-to-da89bcabfac1

Market Stats:
BTC Dominance: 61.02%(+1.18%/24h)
ETH Dominance: 10.23%(-0.41%/24h)
Defi Market Cap: $95.52B(+53.69%/24h)
Total Market Cap: $3028.73B(-4.48%/24h)
Total Trading Volume 24h: $118.56B(+79.55%/24h)
ETH Market Cap: $309.21B
Defi to ETH Ratio: 30.89%
Defi Dominance: 3.04%
Altcoin Market Cap: $1180.56B
Altcoin Volume 24h: $79.13B
Total Cryptocurrencies: 33925
Active Cryptocurrencies: 10892
Active Market Pairs: 101205
Active Exchanges: 797
Total Exchanges: 10118
BTC: 93163.3$(-0.9%/1H)
ETH: 2569.41$(-2.63%/1H)
AVAX: 22.11$(-3.97%/1H)
BNB: 619.91$(-1.77%/1H)
MATIC: 0.27$(-2.79%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.7$(-2.32%/1H)
DOT: 4.5$(-2.85%/1H)
UNI: 8.08$(-2.55%/1H)
CAKE: 2.21$(-3.82%/1H)
SUSHI: 0.76$(-5.43%/1H)
ONE: 0.01$(-3.61%/1H)