Re: [ANN] Ferrum Network | BITMAX | DAG Interoperability Network

Why is price growing? I don't see any reason to grow. On their twitter no any signigficant news, mainnet still has not been launched, tokens has no usecase... Huh

Maybe the price of FRM tokens increased because of updates related to FRM Stake and Earn, Ferrum reduced the minimum staking and higher rewards, so many people bought FRM tokens to participate in FRM Stake and Earn.

i don't think its such a wise thing to reduce the minimum number of staking and increase reward, it only lead to constant dumping of this reward and price will still remain down, they should have stick to the original amount to stake and the reward, instead create a use case for the frm tokens to bring value.

Reducing the minimum amount of stake can increase participants of Stake and Earn program, so I think that's a wise decision, and for increasing rewards, the greater the reward received, the longer FRM tokens are at stake.

All good staking project still maintains the minimum amount of stake in other to maintain a healthy balance, as at present market price frm is $0.01 which i still consider as cheap for those who are willing to join the staking program, so the question of reducing the minimum amount to stake should not be an issue,
Do you know how much Dash is cost? People are still getting into dash staking program because they know it's value, despite dash price is high, minimum amount to stake is still maintained, ferruim should should have stick to same method, this is to maintain the price value as well.