• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Ferrum Network logo

Ferrum Network

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News

Polkadot Implements New Tokenomics and Launches First US Spot ETF

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Polkadot has capped its total supply at 21 billion DOT and reduced emissions, while the first US spot DOT ETF begins trading on Nasdaq.
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Tomas Novak

Morgan Stanley Bitcoin ETF Set for April 8 Launch

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Morgan Stanley's proposed spot Bitcoin ETF is expected to begin trading on April 8, 2025, pending SEC approval.
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Maya Lundqvist

Morgan Stanley Advances Bitcoin ETF Towards SEC Approval

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Morgan Stanley has formally entered the spot Bitcoin ETF arena with its recent amended filing, which has now entered the final stages of regulatory review by the SEC.
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Katerina Papadopoulou

What is Ferrum Network?

Ferrum Network is a pioneer in opening the era of Interoperability 2.0. The core Ferrum Network nodes and associated infrastructure, powered by Quantum Portal, will bring value, data and interoperability to every chain in the industry.

Contents:

Ferrum Network - various tools for working in the Polygon network

About the Ferrum Network project

Using Ferrum Network, anyone can build and deploy solutions on the same network and enable multi-chain functionality instantly without the burden or technical debt of managing multi-chain infrastructure for their dApps and projects.

Ferrum also specializes in a Service DeFi multi-chain blockchain company, adding deflationary mechanisms, utility tokens and advisory services for projects in the crypto space.FerrumNetwork

Mindful of its mission to overcome barriers to mainstream adoption, Ferrum empowers the industry by reducing friction and bringing startups and established networks closer together.

Project tokens:

1. FRM — the native cryptocurrency of the Ferrum network, necessary for users to interact with the network. It is also used as a routing token for MultiSwap and is deflationary thanks to Crucible.
2. FRMx — the native cryptocurrency of the FerrumX network and a necessary gas token for users to interact with the network. FRMx is also deflationary thanks to Crucible and is also a governance token. This is required in order to be part of the management committee.

At Ferrum, development never stops. Work is currently underway on two new products that are almost complete. This includes the evolution of the Cross-Chain Bridge; v1.2 of a bridge that will allow cross-chain swaps, making assets on Moonriver more composable. This will also incentivize TVL on the DEX as the volume to be transferred over the protocol will be sourced from Moonriver's own DEXs.

A new innovative DeFi product, called Reflection Staking, will also appear. This will allow projects to implement deflationary incentive mechanisms in their tokens through open staking pools.

Working with Crypto.com

Through the Ferrum Network (FRM) Crypto.com price page, you can directly access the Ferrum RSS feed. This feature will allow Crypto.com users to receive the latest news and updates on the Ferrum Network. Crypto.com users can stay up to date with the latest Ferrum product and service updates, as well as access the latest FRM and FRMx prices, trading volume, real-time charts and market capitalization data.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.