Ferrum Network (FRM) The price of Ferrum Network is $0.09887, a 0.33% percent change for the last hour. At its core, Ferrum Network is a decentralized exchange and transaction network. By utilizing existing and novel technologies, Ferrum Network allows users to cryptographically represent other digital assets, which can then be used as a medium of exchange for other digital assets, whether they are backed by centralized or decentralized technologies. We propose a protocol called Ferrum and its implemented cryptocurrency proxy called Fe. The value of every Fe is pegged to another cryptocurrency, and it can be imported or exported in relation to the underlying cryptocurrencies it represents. For example, users can convert their Bitcoins to a Fe equivalent, and execute countless fast transactions on the Ferrum Network with minimal costs, thereby avoiding the slow transaction speeds and high fees experienced in the Bitcoin network. Users can further convert their Fe back to any other originating cryptocurrency supported by the Ferrum Network. We further propose an implementation of Ferrum based on a directed acyclic graph (DAG) ledger. We utilize concepts that we call Proof of Burn, External Proof, and Futures to enable this cross-chain exchange.

At its core, Ferrum Network is a decentralized exchange and transaction network. By utilizing existing and novel technologies, Ferrum Network allows users to cryptographically represent other digital assets, which can then be used as a medium of exchange for other digital assets, whether they are backed by centralized or decentralized technologies. We propose a protocol called Ferrum and its implemented cryptocurrency proxy called Fe. The value of every Fe is pegged to another cryptocurrency, and it can be imported or exported in relation to the underlying cryptocurrencies it represents. For example, users can convert their Bitcoins to a Fe equivalent, and execute countless fast transactions on the Ferrum Network with minimal costs, thereby avoiding the slow transaction speeds and high fees experienced in the Bitcoin network. Users can further convert their Fe back to any other originating cryptocurrency supported by the Ferrum Network. We further propose an implementation of Ferrum based on a directed acyclic graph (DAG) ledger. We utilize concepts that we call Proof of Burn, External Proof, and Futures to enable this cross-chain exchange. (The price of Ferrum Network is $0.09887)

Quick Stats about Ferrum Network

The price of Ferrum Network is currently $0.098867

1 hour % 12 hour % 24 hour % 7d % 30d % 1y %
BTC -0.09%
USD 0.33%
ETH -0.3%
BTC -1.88%
USD -1.69%
ETH -1.64%
BTC -2.95%
USD -1.2%
ETH -2.12%
BTC 1.1%
USD 10.21%
ETH -3.48%
BTC -10.76%
USD -4.69%
ETH -17.52%
BTC -32.22%
USD 140.27%
ETH -66.21%

The all time high price of Ferrum Network was $1.21656163 on 2021-04-11 23:42:38

Development Status: On-going development
Proof Type: Not mineable
Hash Algorithm: None
Hardware Wallet: No

Circulating Supply: 96,218,323 FRM

Beta Value: 1.206

Blockchain Service

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Tweets about Ferrum Network

Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 2 days, 13 hours, 47 minutes, 15 seconds ago
Join us for the AMA session with @PolygonNews_ πŸ‘ Today at 10pm UTC! All the details can be found in the tweet below πŸ‘‡ See you all there! https://t.co/JK4Wmm09Yy
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 3 days, 5 hours, 28 minutes, 45 seconds ago
πŸ“£ We are happy to share yet another partnership! Ferrum has formed a strategic partnership with @unifarm_ πŸ₯³ Get the details by checking out the article below. https://t.co/IuXIowz2Rv For the fast reader, here's a thread πŸ‘‡ $FRM $UFARM
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 3 days, 10 hours, 50 minutes, 28 seconds ago
πŸŽ™ Our COO, Ian Friend (@ifriend05) has been featured on the TGH (@TheGemHunters) Podcast discussing the journey of Ferrum Network up to this point and also the future ahead! πŸ‘‡
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 4 days, 4 hours, 21 minutes, 44 seconds ago
πŸ“£ We're thrilled to announce another partnership! Ferrum is teaming up with @PolyDoge - the most vibrant community in the @0xPolygon ecosystem πŸ•Ί Get the details by checking out the article below. For the fast reader, here's a thread πŸ‘‡ https://t.co/jDJyG7p9oQ $PDOGE
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 5 days, 4 hours, 14 minutes, 36 seconds ago
πŸ“£ We have some exciting news to share regarding further integrations between Ferrum Network and @0xPolygon πŸ‘€ Check out this article for a deep dive into the latest developments πŸš€ For all you quick readers, here's a thread πŸ‘‡ https://t.co/ZJo8KLSi6n $FRM $MATIC
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 5 days, 6 hours, 53 minutes, 18 seconds ago
Tweet media image πŸ“£ Just launched! Don't miss out on the FRM/DFYN Dual Farm on @_DFyn! APY is currently over 4000% 🀯 Head to https://t.co/pbiYAv8qcw & deposit your FRM/DFYN LP Tokens πŸš€ Make sure to bridge some $FRM over to Matic using Ferrum's Cross-Chain Token Bridge https://t.co/l7DG1Z8stP https://t.co/TSf2F30Cgg
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 5 days, 7 hours, 14 minutes, 50 seconds ago
We're super excited to be included in the $FRM / $DFYN (Dual Farms) launch from @_DFyn πŸš€ An impressive product from the $DFYN team! Take a look at it yourself and let us know your thoughts πŸ‘‡ https://t.co/CLL5xr3mJQ
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 6 days, 4 hours, 32 minutes, 19 seconds ago
πŸ“£ Looking for a reason to use Ferrum Network's Cross Chain Token Bridge? Looking for more $FRM utility? πŸ‘€ Starting tomorrow, add liquidity to the $FRM / $DFYN Dual Farm on @_DFyn and earn rewards in both FRM and DFYN for the next 60 days πŸ₯³
Tweet by FerrumNetwork about Ferrum Network
@FerrumNetwork 1 week, 6 days, 12 hours, 55 minutes, 43 seconds ago
How Ferrum Network Cross-Chain Token Bridge works: 1. Connect your wallet 2. Approve your wallet to swap 3. Enter swap amount 4. Swap token 5. Switch network & withdraw That’s it πŸ‘
Tweet by FiatBubble about Ferrum Network
@FiatBubble retweeted: 2 weeks, 1 day, 5 hours, 29 minutes, 39 seconds ago
Tweet media image πŸ“£ #FerrumNetwork - June, 2021 Overview @FerrumNetwork is a #DeFi Ecosystem #FAS Pre-Sales @FomoChronicles @BabylonsNFT @DefiCityApp Staking @NFTmall @trustfiorg Development and Integrations @0xPolygon @_DFyn @unifarm_ $FRM $FRMx @zokyo_io @AssureDefi @mxsamuraitoken https://t.co/vF71yJgTVj
When moon? Moon buggy
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