Bot Ocean, the leading crypto trading-bots provider, has announced to welcome Ferrum Network as their strategic investor and staking provider to automate crypto trading. Ferrum Network is a leading DAG-based interoperability network that works like a Lightning Network to connect to any blockchain by working natively with fiat currencies.
Ferrum Network is all set to build a DeFi ecosystem that interoperates across multiple chains and eliminates the barriers to mass adoption of crypto tokens with its user-friendly swapping/staking products. The cross-chain DAG of the Ferrum Network enables the transfer of any digital asset in milliseconds for near-zero network fees, thereby opening up tremendous value for the entire crypto industry.
Bot Ocean’s strategic partnership with Ferrum network will help the live trading bot (Bot Ocean) to reap the benefits of the top-notch staking technology and easy-to-use interface of Ferrum Network in earning attractive rewards by conveniently staking their BOTS tokens.
Bot Ocean focuses on democratizing the algorithmic cryptocurrency market by giving developers the liberty to use effective trading tools that help them to navigate through the market. It provides the most powerful trading bots that can outpace human trading strategies by testing them against massive historical data. Users can easily mix-and-match multiple trading strategies and create their valuable portfolio, thereby beating the traditional crypto market.
To ensure this, Bot is welcoming the staking technologies of Ferrum Network that will help Bot Ocean to create the next-generation trading tools and bot strategies to automate crypto trading and accommodating users of all experience levels. Ferrum helps to solve the interoperability challenges existing within the cryptocurrency ecosystem. With Ferrum’s UniFyre Wallet’s help, users get the power to stake any assets listed as a staking partner. Therefore its partnership with Bot Ocean is looked forward to with many expectations.
The partnership will fuel more than 50 projects, which would be using Ferrum’s staking technology and over $20 million TVL across its Defi staking protocol. Thus, Ferrum Network is much more than just a staking platform for Bot Ocean. Both the platforms will work together to create a robust blockchain infrastructure that will inspire other potential investors to invest in DeFi.
Dragos Lipa, the CEO of Bot Ocean, said in this regard,
Ian Friend, the Co-Founder of Ferrum Network, also said,