MILC Platform Round-2 of $MLT Staking on Ferrum Network

MILC Platform announced that they are bringing a second round of ERC-20 $MLT staking powered by Ferrum Network.

Theyare extending the 2 Staking programs for our ERC-20 $MLT holders:

A) ERC-20 $MLT LP staking program

This staking program will help in bootstrapping $MLT token liquidity in the ETH/MLT pair on Uniswap.

The terms for staking are:

Maturity return (APY): 150%

CAP UNI-V2 ETH/MLT: 6,000

Maturity Period (Mandatory Lock): 60 days

Maturity at: 01/08/2022

Total Reward MLT(If pool is filled): 376,819

Staking Start: 10/26/2021, 15:00 UTC

Days Open for Stake: 14

Staking Contribution End: 11/09/2021

The staking pool will go live on 26th October, 15:00 UTC.

B) ERC-20 $MLT staking program

The terms for staking are:

Maturity return (APY): 35%

Cap Limit: 8,000,000

Maturity Period (Mandatory Lock): 60 days

Maturity on: 01/08/2022

Total Reward (if pool is filled): 460,274

Staking Start: 10/26/2021, 15:00 UTC

Days Open for Stake: 14

Staking Contribution End: 11/09/2021

The staking pool will go live on 26th October, 15:00 UTC.

About MILC

MILC platform aims to provide the industry with an open new marketplace for every professional and non-professional content provider and buyer that incorporates cutting-edge broadcast, blockchain and AI-technology which can become a game changer for the entire media content industry. It solves four fundamentally important challenges of the global media industry: Global availability, Discovery process for Buyers, Complex licensing and Early feedback from viewers. MILC has been developed by Welt der Wunder, a media brand with 25 years experience in the business.

About Ferrum Network

Ferrum Network is a deflationary cross-chain Blockchain as a Service DeFi company that specializes in adding token utility and advisory services to projects across the crypto space.

Ferrum builds white-label blockchain solutions that power Startups and established organizations, enabling them to get their product to market faster.

INFO

https://milc.medium.com/milc-platform-announces-round-2-of-mlt-staking-on-ferrum-network-d028837672bc

Source: https://thebittimes.com/milc-platform-round-2-of-mlt-staking-on-ferrum-network-tbt5341.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam

Category: DeFI News

Post by: TheBitTimes.com