Ferrum Network provides an endless layer of the main network. The Infinity Layer core network allows for smart contracts with multiple chains. Imagine that you can create a smart contract on one network and deploy that same contract on any other network. The Infinity Layer network connects all chains and opens up unlimited possibilities for both developers and projects.
Description of Ferrum Network
Based on the Quantum Portal engine and secured by Proof of Stake with Capped Cost (PoS) and Multi-Chain Validator Staking (MPoS), Ferrum Network provides best-in-class security, combined with next-generation interoperability.
By combining Quantum Portal and limited value POS Rollups, Multi-Chain Staking allows Ferrum blockchains to use the native security mechanisms of each chain where transactions take place, instead of relying on centralized off-chain or secondary chain staking. Staking occurs on chains where transaction/information verification is required.
Distinctive features:
| 1. | FRM is used as a routing token for MultiSwap. Fees, earned through MultiSwap, are either burned or used to supplement a sustainable rewards model. |
| 2. | By issuing and staking Crucible tokens with FRM and FRMx, you can access sustainable rewards. |
| 3. | Ferrum's ecosystem governance token. FRMx can be used as a voting tool. Holding 20 FRMx/250,000 FRM provides access to the Management Committee. |
Ferrum Network offers guaranteed distributions, available to all investors who meet the required requirements by holding the required amount of $cFRM and $cFRMx tokens in their Metamask wallets.
Project tokens
By owning FRM and FRMx, community members can access project pre-sales at an early stage. These projects are either incubated through Ferrum Advisory Services or invested through Ferrum Ventures.
FRM and FRMx are deflationary assets. Whether they are used as gas on their respective main Infinity Layer networks, used as a routing token through MultiSwap, or generate transaction fees through Crucible, both FRM and FRMx are subject to routine burns.
Through commissions, generated from Staking as a Service solutions, grants from blockchain partners, and/or profits from Ferrum advisory services, Ferrum uses 10% of its profits to buy FRM/FRMx from the market.