en
RSS
Soon
Soon
Soon
Soon
Ferrum Network

Ferrum Network (FRM)

$ 0.00
Main info
News
Comments
Markets
Analytics
Market cap
$20.33M
Circulating supply
287,009,851 FRM
Total supply
597,085,527 FRM
Max. supply
615,617,784 FRM

About Ferrum Network

It is comprised of two interconnected elements: a DAG-based interoperability network that can connect to nearly any blockchain enabling peer-to-peer transactions of any digital asset in milliseconds, and the vertically integrated financial applications running on the network that allows users to buy, sell, transact, exchange and store any digital asset without taking custody of those assets. The network is powered by the native Ferrum Network utility token, or FRM. Each transaction requires a nominal of FRM be spent and burned to attach proof to the transaction and as an anti-spamming measure.

Key data

updated $0
Market cap$20.33M
Volume 24h$0
Circulating supply287.01M47% of max 615.62M
All-time high$0.97-100% from peak · 2021-04-04

Ferrum Network (FRM) is a blockchain-based ecosystem focused on interoperability and decentralized finance (DeFi). It enables seamless value transfer across different blockchains, simplifying cross-chain transactions. FRM is the native utility token powering the network.

Frequently asked questions

What is Ferrum Network and how is it different?

Ferrum Network specializes in cross-chain interoperability, allowing users to transfer assets between blockchains without intermediaries. Unlike single-chain solutions, it bridges multiple networks for seamless transactions.

How does Ferrum Network's technology work?

Ferrum uses a unique consensus mechanism called 'Quantum Portal' to enable cross-chain transactions. It relies on a decentralized network of nodes to validate and process transfers securely.

How is FRM token emission structured?

FRM has a fixed total supply, with tokens distributed through staking rewards, network fees, and ecosystem incentives. No additional tokens are minted after the initial issuance.

How can I store and use FRM tokens?

FRM tokens can be stored in compatible wallets like MetaMask or Trust Wallet. They are used for staking, paying transaction fees, and accessing Ferrum's DeFi services.