Ninjastic
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Board Tokens (Altcoins)
Re: [ANN] Ferrum Network | BITMAX | DAG Interoperability Network | DeFi Apps
by
nira09
on 31/01/2020, 03:29:34 UTC
Quote from: terciduk123 on January 22, 2020, 06:59:28 AM
Quote from: Anonylz on January 21, 2020, 09:37:46 AM
Quote from: terciduk123 on January 20, 2020, 01:24:18 AM
Quote from: gembira on January 17, 2020, 06:27:56 AM
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.
The right decision, but it doesn't stop there, I hope there is more news about the development of the Ferrum project, not just about the Stake and Earn program. how is the development about KUDI Exchange and KUDI debit cards?