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CDS Collaboration Ferrum Network x Glitter Finance Partnership

Collaboration

Ferrum Network x Glitter Finance Partnership

yagiz07/12/20221 Mins read447

Ferrum Network, which received a grant from the Algorand Foundation to bring its product groups into the ecosystem, announced that they have reached a partnership agreement with Glitter Finance to take advantage of the Staking as a Service technology.

Table of Contents

About The Partnership

Stake $XGLI to Earn Rewards Powered by Ferrum’s Flexible Staking Service

Each project and community has its own token metrics, utilities, and constantly growing supporting community. Ferrum’s staking technology is fully customizable to meet the needs of each project and offer the highest value to token holders.

Glitter is leveraging the power of Ferrum’s staking contracts to reward its loyal HODLrs with a whitelisted staking pool where $XGLI stakers can stake to earn $ALGO. Snapshots will be running throughout the week of November 21, so it’s not too late to join the Glitter community and make a profit with staking. For detailed information, visit the Twitter page.

About Glitter Finance

Glitter Finance is an interoperability solution that acts as a Layer 0 for DeFi protocols on multiple blockchain networks. It works by connecting different ecosystems and simplifying the use and investment process across chains. Glitter’s bridge enables bidirectional cross-chain transfer of assets between Non-EVM or EVM-powered networks; Algorand and Solana blockchain networks are the first representatives.

Glitter Finance has successfully linked the Algorand Network and the Solana network bidirectionally with over 99% efficiency and successful bridging operations, and is looking for ways to bridge other adopted layer 1 networks with emerging networks. Glitter provides easy integration with blockchain smart contracts, protocols, decentralized exchanges and wallets, which are supported to ensure liquidity movements on various blockchain networks.

Glitter will introduce other important cross chain products very soon. These will be new tools that include cross-chain exchanges and the integration of EVM blockchains in partnership with US Dec Circle, an SDK for easy integration.

Glitterfinance

Twitter

References

medium

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Written by

yagiz

Yağız became interested in finance while studying international relations at Osmangazi University in 2014. He met blockchain technology in 2020 and never looked back. He is currently trying to participate in all blockchain events held in his region and develop himself in the field of blockchain.

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