[ANN] Ferrum Network - Pioneering Interoperability 2.0 | FAS Pre-Sales 🔥

[yurez]

Ferrum Network’s Crucible is poised to bring DeFi 2.0 to the masses with sustainable rewards powered by arbitrage trading, and an intuitive user-friendly UI. Under the hood, Crucible combines reflection token and liquid staking technologies to create a sustainable and deflationary rewards economy driven by transaction volume.

After a successful alpha launch, Ferrum is thrilled open the beta waitlist for Crucible. Whether you’re a DeFi pro or new to the space, come join the DeFi 2.0 revolution and sign up Ferrum’s Crucible beta today! h ttps://ferrum.network/crucible-beta/

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[Unbunplease]

Original goals of Crucible - https://medium.com/ferrumnetwork/crucible-update-alpha-takeaways-and-next-steps-5b2bf164ee84

✅ Reducing Circulating Supply — Crucible was designed with a 4% fee to unwrap your cFRM and cFRMx.
✅ Ability to Stake and Get Access to Presales — Because of the fact that the 4% unwrap fee will be reinstated, folks will be required to hold cFRM and cFRMx in order to access presales but they won’t be required to stake. However, they will be allowed to stake and still have access to presales!
✅ Prevent Predictable Dumps — Because of the fact that Crucible deploys ‘open-ended’ staking contracts, there will not be a predetermined date in which staking ‘unlocks’. Also, the fact that there is a fee to unwrap and unstake your tokens means presale participants will be less likely to dump their tokens after snapshots or distributions of presale tokens.
✅ Sustainable Rewards by Reducing Inflation of FRMx — Finally, with Crucible Ferrum Neywork are now able to abolish Monthly Holder Rewards in exchange for something much healthier for the overall Ferrum token ecosystem. With Crucible, community members are now able to earn rewards in derivatives of not only FRMx but also FRM. The APRs will likely prove to be greater than the current Monthly Holder Reward structure allows. Most importantly, FRMx is now deflationary along with FRM. The fact that rewards are being given in a deflationary asset means that the token has a much greater chance of appreciating as opposed to tokens whose ceilings are restricted by inflationary emission schedules.

[Unsoldier]

📣Announcing the YakDAO NFT Presale Snapshot!📸

⛰YakDAO: Crypto Goes Camping!🏕

🤩We are thrilled to announce that YakDAO has offered the Ferrum community an allocation into their highly-anticipated NFT sale!

⏳Snapshot Date/Time:
Friday, May 27th @ 16:00 UTC

https://twitter.com/FerrumNetwork/status/1529064688109117441

[jokers10]

...
After a successful alpha launch, Ferrum is thrilled open the beta waitlist for Crucible. Whether you’re a DeFi pro or new to the space, come join the DeFi 2.0 revolution and sign up Ferrum’s Crucible beta today! h ttps://ferrum.network/crucible-beta/

Main page of a Crucible project https://crucible-beta.ferrumnetwork.io/ is mainly dedicated to a cFRM buy competition, I'd say that's not so revolutionary as expected. Am I right to guess that it is mainly just another one token for holding/staking and nothing except that for now? Well, hope to see something more prospecting from Ferrum team this summer.

[Unbunplease]

As Ian Friend said, the more imminent product is Multi Swap (formerly known as Infinity Swap) - Ferrum Nerwork's multi chain dex aggregator. After that will be mainnet (autumn) - https://t.me/ferrum_network/398009

[jokers10]

As Ian Friend said, the more imminent product is Multi Swap (formerly known as Infinity Swap) - Ferrum Nerwork's multi chain dex aggregator. After that will be mainnet (autumn) - https://t.me/ferrum_network/398009

What is interesting to me is if this swap system will include direct exchanges with bitcoin or other non Ethereum compatible blockchains (as it was planned from the very beginning) or the system will be the same as other swaps which work mainly with Ethereum and it's forks. If it will be multi blockchain swap system with  a friendly interface it can be very perspective for Ferrum Network.

[Unbunplease]

https://t.me/ferrum_network_announcements/1889 - From 25.06.2022, for every IDO in the Poolz platform, cFRM holders will be able to take part without holding a POOLZ token, and it will be based on their cFRM holding.

Requirements:
💥Hold at least 25000 cFRM tokens in your wallet at least 48 hours before the IDO.
 
➡️ Allocation Type: Guaranteed Allocation (first come, first serve basis).

[Unbunplease]

As said Ian Friend, one of the core value propositions of the Ferrum Network will be next thing - "You'll be able to build there and deploy that same smart contract automatically on different networks."  https://t.me/ferrum_network/398668

[Unbunplease]

https://t.me/ferrum_network/400154

Ferrum Network present Ferrum's new branding and website! Team have refreshed our logo to reflect who they are today and to symbolize future.

💥After careful consideration, Ferrum Network chose a new branding that reflects a more modern look and captures their vision to position Ferrum Network as one of the most innovative and groundbreaking technologies in the blockchain space.

💻Check out new website! ( https://ferrum.network/ )

[Unbunplease]

https://t.me/ferrum_network/401243

Watch this Crucible Explainer video to fully understand the mechanics and features of the most powerful and innovative DeFi 2.0 protocol! Crucible is here! 💰

Video on Youtube - https://www.youtube.com/watch?v=Jm0gMUE_OFw

[Unbunplease]

https://medium.com/ferrumnetwork/monthly-development-report-july-2022-1a67e75c01e5 

In the month of July Ferrum kicked off Q3 with three distinct areas of focus — Gateway, Integrations and Mainnet teams.

August’s Focus:

Lanch of FerrumX Network official Testnet

[yurez]

Watch our latest community update, this one is packed with some exciting insight into what we have planned for you! Find out more about the We Bought DOT Initiative, MultiSwap Development, and more!

Watch the Video https://youtu.be/pzNzf-4zaoQ

[yurez]

Join "Fixing the broken P2E model. Is P2E dead, or is it just evolving?" Twitter Space tomorrow at 16:00 UTC!

We've invited some of the best experts in the space to share their opinions with you: galaxy_sidus, MegafansEsports, racekingdom_io, splinterlands!
Info:https://twitter.com/FerrumNetwork/status/1561741365481963520

[yurez]

Still wondering how to participate in Ferrum's Presales?
We've put together a step-by-step tutorial that describes how to participate in presales.
We hope this answers many of your questions and will help you take advantage of the upcoming presales (there are some great projects currently in the Ferrum Advisory.
Learn more:https://twitter.com/FerrumNetwork/status/1562768500816429056

[Unbunplease]

as Ferrum Network's team said, they have accumulated 1,383.441 DOT in addition to the 50k USD that has been allocated since beginning they Bought DOT initiative. https://t.me/ferrum_network/403795


Ferrum Network Joining Race Kingdom as Strategic Advisors!

Race Kingdom is an ever-evolving multilingual metaverse game based on racing ultra-rare NFT creatures with unique attributes and functions.

Race Kingdom (https://racekingdom.io/) is an upcoming metaverse-based play-to-earn game. Unlike other crypto games, it is built by gamers for gamers and will have a multilingual highly-immersive experience with a wide range of NFT creatures and different arenas. Race Kingdom will launch its NFTs in October 2022.

https://t.me/ferrum_network_announcements/1963


https://medium.com/ferrumnetwork/monthly-development-report-august-2022-ae2b1f99bb9f - report for August from Ferrum Network

Ferrum Network on track for MultiSwap alpha and PoC testnet this quarter. They are actively recruiting RUST engineers experienced within the Substrate and DotSama ecosystems. If you are a RUST dev experienced with deploying parachains apply at careers.ferrum.network (https://careers.ferrum.network/).


Watch the "Ferrum Liquidity Pool Staking as a Service" Video! Nathan discusses what liquidity pool staking is before doing a deep dive into Ferrum's liquidity pool staking solutions. https://www.youtube.com/watch?v=ZTZ1OVDLgJ0


https://medium.com/ferrumnetwork/ferrum-2-0-new-look-new-vision-same-mentality-71cf03acf792 - This article is meant to serve as a comprehensive overview of where ferrum network been, where ferrum network at, and where ferrum nework heading. It is meant to serve as a guide for all things Ferrum.


Ferrum is now in the process of upgrading the Ferrum Cross-chain Token Bridge to a truly revolutionary product called MultiSwap. MultiSwap is a smart routing multichain aggregator that enables cross-chain swaps. Users can swap ANY ASSET for ANY ASSET on ANY NETWORK to ANY WALLET in less than 2 minutes.   https://t.me/ferrum_network/406601


Ferrum Network are building an interoperable L1 using Substrate. Powered by a multichain messaging engine, it will allow developers to build Dapps on the Ferrum Network and deploy them across multiple networks. It’s not meant to compete with other L1s. It’s designed to bring them closer together and enhance communication and interoperability between all of the major blockchains.  https://t.me/ferrum_network/407070


In the case of MultiSwap, the UX/UI will be a step up from even Crucible (https://ferrum.network/crucible/), If you’ve never used a bridge or any multichain product in the past, you will still be able to use this product without the need for documentation or detailed instructions. Just follow the prompts on the screen!   https://docs.ferrumnetwork.io/ferrum-ecosystem/v/infinityswap-and-bridge-architecture-overview/

[Moderator note: consecutive posts merged (separated via horizontal lines)]

[koang]

In the case of MultiSwap, the UX/UI will be a step up from even Crucible (https://ferrum.network/crucible/), If you’ve never used a bridge or any multichain product in the past, you will still be able to use this product without the need for documentation or detailed instructions. Just follow the prompts on the screen!   https://docs.ferrumnetwork.io/ferrum-ecosystem/v/infinityswap-and-bridge-architecture-overview/

Often it’s hard to see what happens behind the scenes, but MultiSwap reflects everything outlined in this technical overview.

Super smooth, clean, and comfortable for the eyes, like a cool night.
One of the better user interfaces I’ve seen. Love the UI.
And I hope the Crucible UI gets s upgraded to look like MultiSwap.

[yurez]

Ferrum Team Extends Team Token Vesting by Two More Years

After increasing the vesting for Team tokens yet again, Ferrum once again demonstrates they are here for the long term and strongly believe in the future of Ferrum!
Find out more on Medium: https://medium.com/ferrumnetwork/ferrum-team-extends-team-token-vesting-by-two-more-years-a4693c803e4

[yurez]

Introducing the Ferrum Employee Buyback Pledge

Ferrum introduces an initiative that will add over $100,000 in annual buy pressure to FRM and FRMx and further align the interests of the team.

-What is the Ferrum Employee Buyback Pledge?
The Ferrum Employee Buyback Pledge is a mechanism that allows the Ferrum team to pledge a portion of their salaries to buying FRM and FRMx. Each month, before the finance team distributes salaries, Ferrum will buyback the corresponding amounts of FRM and FRMx proportional to the amount that each individual employee pledges and send it to the employee along with the rest of their monthly pay.
https://medium.com/ferrumnetwork/introducing-the-ferrum-employee-buyback-pledge-37106d318dc9

[koang]

Development Report
November 2022

Ferrum is back with some development updates!
We're excited to share a mid-quarter (Q4 2022) update with you regarding Ferrum Network's development progress.
We've organized the work that's been done by individual team members so that you know who in the Ferrum Team is responsible for what!

Find out more in the report:
https://medium.com/ferrumnetwork/monthly-development-report-november-2022-9b84e182faa8

[bubbalex]

Ferrum Network $FRM - Token Overview

Ferrum Network is a large multichain "Blockchain as a Service" DeFi ecosystem.

Retweet: https://twitter.com/FiatBubble/status/1603597570684911616