update on the filling status of the "FRM stake and earn" staking pools

By henryba | henryba | 18 Feb 2020

351665157-bfdbdd301740750d9b87c415807e350ec78e2a4517f49ea32a7690199bd967f4.png

good morning, everyone,
Ferrum Network's staking pools (FRM stake and earn) have now been open for about 4 days and 20 hours (at the time I'm writing this article), so I'll give you an update on the filling status of the different pools.
The pools will remain open for 7 days from that date, or until they are filled.
So you have about 2 days and 4 hours left if you want to participate in the staking program and take advantage of these incredible yields (the pools will definitely close on Thursday, February 20th at 03:00 AM UTC).
as a reminder, the durations and earning structures are as follows:

Now let's take a look at the status of pool-by-pool filling:

1.RHODIUM

with this pool, things happened very quickly.

filled in less than 15 minutes!

2.PROMETHIUM

the second pool was also a great success.

filled in about 24 hours!

3.PALLADIUM

This pool is still open and is currently 70.3% filled.
I think it will be full by the end of the day or tomorrow at the latest.

4.TITANIUM

This pool is also still open and currently 46.8% filled.
I would like to point out that at the moment it is not as successful as it deserves because if you look at it more closely, the staking period is short until full maturity (9 months) and yet the annual yield is still 33.33%! (for 42.5% for the longest plan that lasts 2 years!)

5.if you are not familiar with the staking procedures, it is also always possible to stake your FRMs in the Honest Mining pool.

This is clearly the pool that has the hardest time getting started, perhaps because too few FRM token holders know about Honest Mining and don't use their services.
This is a shame because they offer a very good service for people who are not comfortable with staking, and they manage everything for you in exchange for a 10% fee on your earnings.

always open, at the time I write, 3.125% filled.

if you have some FRM tokens, I sincerely advise you to think about staking, the minimum amount to participate is very low (only 2500 FRM) and it can be very profitable considering the products that Ferrum Network has to release this year.
if you block your tokens, you won't be tempted to sell them too early!
the real annual yield is 42.5% for RHODIUM, 37.14% for PROMETHIUM, 36% for PALLADIUM and 33.33% for TITANIUM.

Here you can find the direct link to the staking pools.