MILC Platform announces Staking programs powered by Ferrum Network

MILC Platform is launching two staking programs with the help of our partner - Ferrum Network, a well-established staking platform, for its $MLT Token. 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.

A) ERC-20 $MLT LP staking program

B) ERC-20 $MLT staking program

1. ERC20-MLT LP Staking Program

Go to MILC Platform Website: MILC — Media Industry Licensing Content, and click on “ERC20-MLT LP Staking” box to open the above staking pool page.

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): 100%

CAP UNI-V2 ETH/MLT: 25000

Maturity Period (Mandatory Lock): 60 days

Maturity at: 10/23/2021, 10:00 PM UTC

Total Reward MLT(If all pools filled): 2,245,614

Staking Start: 08/09/2021, 10:00 PM UTC

Days Open for Stake: 14

Staking Contribution End: 08/23/2021

The staking pool will go live on 9th August, 10:00 pm UTC. A step-by-step guide will also follow shortly.

Note: Liquidity pools comes with a risk of “Impermanent Loss”. Usually swap fees and block rewards cover up the loss and gives profit to users. But please take this fact in consideration.

2. ERC20- MLT Staking Program

A pure ERC-20 $MLT token staking program is also going live. Go to MILC Platform Website: MILC — Media Industry Licensing Content, and click on “ERC20-MLT Staking” box to open the above staking pool page.

The terms for staking are:

Maturity return (APY): 50%

Cap Limit: 7,000,000

Maturity Period (Mandatory Lock): 60 days

Maturity at: 10/23/2021, 10:00 PM UTC

Total Reward: 575,343

Staking Start: 08/09/2021, 10:00 PM UTC

Days Open for Stake: 14

Staking Contribution End: 08/23/2021

The staking pool will go live on 9th August, 10:00 pm UTC. A step-by-step guide will also follow shortly.

As always, thank you for your continued support of MILC Platform, and stay tuned for more major events to be announced soon!

Good Luck and Happy Staking! 🎬🙌

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.

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The MILC Platform was created by Welt der Wunder® and constructs a blockchain-managed licence, trading and sales platform with high-quality video content.