QuiverX: Ferrum Network Staking

Nov 24, 2020 at 11:07 // PR
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The QuiverX Capital team is in the process of applying Blockchain technology to develop a unique crowdfunding platform that allows digital assets to interact with the physical world.

By facilitating the tokenization of small and medium enterprise businesses, coveted investment opportunities like startups and Pre-IPO’s that would not typically be reserved for the average investor due to the high fees, large down payments, and minimum net worth requirements will soon be within reach.

Using Smart-contracts governed on the Ethereum ecosystem, our focus is to provide each investor the ability to leverage their money while maintaining complete transparency and providing fluid liquidity.

QuiverX is a utility token to pay for services on the website, promotions, advertisements, listings, and transaction fees. Users are incentivized to hold the utility token in order to get early access to investment opportunities, reduced network fees, and monthly rewards for being QuiverX holders, which are generated from a portion of advertisement and promotion fees. In short, we believe that QuiverX Capital will help offer a dynamic and secure option for individuals seeking a decentralized finance option.

Staking within the platform will be the first functional application that will be made available and we couldn’t be happier to work with Ferrum Network! Their web-based staking app will bring flexible and strategic options to help you stake your QuiverX.

Staking on the QuiverX platform will give the investor the option to choose from 3 different staking pools: 2 months, 4 months, and 6 months. Rewards will be distributed as follows:

2 Months 33% APY

4 Months 52% APY

6 Months 74%APY

Each pool will have a start date and time and will be open for seven days with a minimum amount of 1000 QRX needed for those who wish to stake their coins. Staking till full maturity will offer maximum percentage rewards. Also if you stake till maturity you will receive additional rewards from those who withdrew early.

The staking pools will offer early withdrawal options for added flexibility. Early withdrawal will be allowed a quarter of the way through the maturity date, and will have an exact date and start time assigned so that you know when a withdrawal will be approved. Although rewards are lower for early withdrawal, they increase linearly every day — past the early withdrawal date right up until full maturity. The longer you keep your tokens staked, the higher your rewards will be!

We will be coming out with more details as we get closer to launching the staking platform. Expect to be able to start staking your coins within 5–10 days!

ROADMAP

Q4 2020

Continue QuiverX Platform website

Finalize Licensing and documentation

Launch staking with Ferrum, introduce governance via xEarn yield farming protocol

Add additional team members

xEarn End of year staking

Q2 2021

Launch Full version of Website

Launch Visa Payment point of sale card

QuiverX-eXcel members live call discussing 2021 goals

Initial businesses utilizing platform

Q1 2021

Launch Beta version of QuiverX Platform

Launch MVP app

List on Public Exchange

Introduce custom wallet

Featured in major publications

Q3 2021

Initiating QuiverX rewards program initiative.

Governance Farming protocol vote

To stay updated on progress within the project, follow us on Twitter and Telegram. For a more in-depth look at the QuiverX Platform, continue to follow us on Medium as more information becomes available.

Questions? Send us a message on Telegram:

@Y0giJi/ Ivan

@Smadaekim/ Mike

Uniswap:

https://uniswap.exchange/swap/0x6e0dade58d2d89ebbe7afc384e3e4f15b70b14d8

▪️Website: https://quiverx.io

▪️Tg Group: https://t.me/QuiverXCapital

▪️Twitter: https://twitter.com/quiverx5

Disclaimer. This press release is paid and provided by a third-party source. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.


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