We are thrilled to announce that both our staking pools on the Ferrum Network are 100% full! Thank you so much for your support and participation.
If you staked CBD, you will already be seeing your staked assets earn rewards of up to 40% APY.
Staking end dates:
- Hemp pool — December 29
- Drone pool — December 13
Why did we launch staking for CBD with Ferrum?
Ferrum Network is building a DeFi ecosystem that interoperates across chains and removes barriers to mass adoption with user-friendly products for swapping, staking, and transferring cryptocurrencies.
They were the perfect platform partner to support our mission of bringing micro-funding to farmers around the world who wish to switch to growing hemp for the purpose of CBD production — effectively bringing the agricultural industry into the 21st century with DeFi.
Missed out this time? You can still provide liquidity on PancakeSwap and stake the LP tokens on MantraDAO- you’ll get CBD tokens as a reward and with a current APY of 117.15%, it’s worth checking out.