Dear Bondly community members,
As we announced earlier this week, Bondly has partnered with Ferrum Network to deploy unique staking opportunities for the Bondly community.
On Tuesday, the 8th of December, we will be commencing our Token Generation Event (TGE) along with our first phases of staking. We would like to thank Ferrum for assisting us in facilitating and building our staking infrastructure.
More details about Bondly Staking are provided below:
Guide on the Benefits of Locking up Liquidity
What is it: To learn more about how Staking works, read this article.
How-to: We will publish a full “how-to stake” guide in the coming days, but overall it is very simple. Just connect your ERC-20 wallet to the contract, deposit your BONDLY into the pool, stake until you wish to withdraw, and then withdraw to have your principal and rewards sent back to your wallet. Easy!
Is NFT Staking the Future?
With the number of projects coming to market, their various tokenomics, technology, communities, and growth plans customization is critical.
We have seen parabolic interest in our NFTs, and it seemed only fitting to incorporate this aspect of the business into our staking model.
Because we want to share how this can be done, we are introducing NFT Rewards for each one of our staking contracts. Through this you can win our most rare, exclusive first edition BCCG card “Farzin” from the Isekai series. He is a Hero card and will come with his own utility within the BCCG game and the Bondly product ecosystem. This card will NEVER be for sale by us. The only way to earn this RARE NFT is through the BONDLY staking program.
How Do I Qualify for the Farzin Card Airdrop?
Requirements: Provide 3k Bondly tokens in any one of the reward pools. If you have provided the full 3k $BONDLY tokens to staking or a liquidity pool for the whole two weeks, you will be eligible to win one of the 15 Farzin card drops. Details on drops will be included within the details below.
What Are the Details?
Bondly has built four types of rewards pools, all with their own unique characteristics:
VIP Staking:
Full maturity: 60 days
Full term APY: 40%
Early withdrawal: 30 days
Early withdrawal APY: 0%
Farzin NFT Distribution: 3 every 2 weeks
Size: 2 million BONDLY
Contribution Period: 5 days or until filled
NOTE: Only for existing BCCG card holders
Gold Staking:
Full maturity: 90 days
Full term APY: 40%
Early withdrawal: 45 days
Early withdrawal APY: 0%
Farzin NFT Distribution: 2 every 2 weeks
Size: 2 million BONDLY
Contribution Period: 5 days or until filled
BCCG Card Reward Staking:
Full maturity: 30 days
Full term APY: 0%
Early withdrawal: 1 days
Early withdrawal APY: 0%
Farzin NFT Distribution: 5 every 2 weeks
Size: Unlimited
Contribution Period: 7 days
Liquidity Staking 1.0:
Full maturity: 90 days
Full term APY: 105%
Early withdrawal: 45 days
Early withdrawal APY: 40%
Farzin NFT Distribution: 5 every 2 weeks
Size: Unlimited
NOTE: The Rewards will be split into 2 different pairs: BONDLY/ETH and BONDLY/USDT
A BIG Thanks
We would love to extend our humblest thanks and appreciation to the Ferrum Team and community for their hard work, dedication, and faith they have instilled in Bondly.
We would also like to thank all Bondly investors and community members for their faith in us leading up to our Token Generation Event.
We truly appreciate the trust and support you have given to both projects and we are looking forward to continuing to build on the Bondly-Ferrum partnership well into the future.
About Bondly
Bondly is an interoperable, transparent, and portable swap protocol designed to revolutionize traditional escrow methods and make everyone into their own digital marketplace. Our family of trust-enabling DeFi products are designed to be a part of everyday buying and selling activities, giving peace of mind for swap or online purchases. Our product BProtect is a DeFi enabled eCommerce gateway specializing in integrating into your favorite online marketplaces very simply and easily with no integration fees, just staking tokens.
About Ferrum Network
Ferrum Network is building a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption. Its cross-chain DAG will enable any digital asset transfer 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. Ferrum’s Staking-as-a-Service is now used by nearly 50 projects with $15 million TVL, and their Token Bridge is the fastest and most secure means of moving assets between Ethereum and Binance Chain. Keep your ears to the ground. Ferrum will be launching many more transformative DeFi technologies throughout 2020 and beyond.
