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.
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.
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.