QuiverX: Ferrum Network Staking
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 start ups 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 withdraw options for added flexibility. Early withdraw 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 withdraw 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
