Announcing the Next Cross-Chain Token Bridge Listing — Project Inverse + FRM Buyback

Jun H. Lee
FerrumNetwork
Published in
3 min readAug 31, 2021

Dear Ferrum Community,

We are thrilled to announce the next project to list on the Ferrum Cross-Chain Token BridgeProject Inverse.

About Project Inverse

INVERSE is an Ethereum smart-contract enabled platform that tracks popular DeFi coins’ movement and allows users to gain yield from their volatility via the XIV utility token.

INVERSE is powered by the XIV token, a free-floating, inverse-yielding, ERC-20 token.

INVERSE is a non-custodial, counter-volatility, decentralized protocol that
allows users to conveniently take advantage of the downward moves of select assets.

Projects like Inverse Can Customize the Bridge to Fit Their Needs

With the emergence of cross-chain interoperability, bridging has become an increasingly necessary component for all projects who choose to become compatible across multiple chains. However, the unique solutions on the market do not allow for additional token utility. One of the most enticing features of utilizing the Ferrum Cross-Chain Token Bridge is that a project can add utility to their token through customizable fees that are charged every time an asset is bridged.

About Ferrum Network

Ferrum Network is a deflationary cross-chain Blockchain as a Service DeFi company that specializes in adding token utility and advisory services to projects across the crypto space.

Ferrum builds white-label blockchain solutions that power Startups and established organizations, enabling them to get their product to market faster.

Become Cross-Chain Compatible Today with Ferrum Technology.

Introducing Buy Backs from Ferrum Network

Ferrum Network will now be reconciling the success of our products and services with the price of $FRM. To share the success of our business with our community and add additional token utility, Ferrum will be conducting token buybacks for every product sold along with bi-weekly buybacks. We will be sharing our progress for each buyback. Projects can also receive discounts for our products if services are paid for in $FRM.

FRM Token Bridge Buyback Transaction
https://etherscan.io/tx/0x3f17683329026290f3b9b6d6c23864ce1f1c5af6d272211566fbb4e34681bf54

Buyback Wallet Address:
0x238882e6ED428ec533d8A9e6F9bf64758E437006

There’s now over 296,596 $FRM in the buyback wallet just from this month’s buyback activities & projects paying for our products using $FRM. Stay tuned for more exciting news and updates from our team at Ferrum Network.

Very truly yours,

The Ferrum Network Team

Project Inverse — Important Links

Website

Telegram

Twitter

Medium

Reddit

Youtube

Ferrum Network — Important Links

Website

Telegram

Twitter

TikTok

YouTube

Disclaimer

A project’s use of our staking technology and/or wallet listing does not constitute an endorsement of that project or its token from an investment standpoint. All projects that use our staking and/or listing are clients unless otherwise stated in this disclaimer. Cryptocurrencies, tokens, and other digital assets are high-risk and highly speculative. They may lose their value. All staking participants are advised to do their own research before staking any tokens.

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Jun H. Lee
FerrumNetwork

Lives to Eat. Breathes Crypto. Reads Books. Studies Markets. Loves Hot Sauce.