Ferrum Network Monthly Newsletter
(July Edition — published on Aug 1st)
We’ve had an amazing July. We’re excited to share the exciting developments of the last month with our amazing community through our first Monthly Newsletter. So read on to get up to speed on all things Ferrum.
Ferrum Network Cross-Chain Token Bridge is Live!
The highly sought-after Ferrum Network Cross-Chain Token Bridge is now live. With the launch of this amazing product, Ferrum Network has deployed an important element for the foundation of its mainnet launch. Think of the bride as Ferrum Network mainnet v0.1.
In just two weeks after launch, we have already seen over 2.7 million FRM transferred across the bridge. With a 2 percent bridge swap fee per transaction, the transactions thus far have resulted in 54,000 FRM automatically getting burned.
The white-label implementation of the bridge will allow projects to provide a bridge to their community with their branding. Additionally, projects can list on Ferrum Network’s bridge as part of a growing list of cross-chain assets. Read more
FRM is now on Polygon (MATIC)
Ferrum adds liquidity to Dfyn. Cross-chain bridge beta released & first white-label bridge deployed. Read more
Iron Melt Initiative
A massive initiative designed to amplify FRM and FRMx deflationary utility. With the Iron Melt initiative, Ferrum has mobilized its resources to deploy solutions like the Ferrum Network Cross-Chain Token Bridge which burns FRM on every swap, a percentage buyback program, Crucible Staking (to be launched soon), and much more. Read more
Ferrum Joins Polygon Developer Support Program
Ferrum is extremely excited to share that we have joined the Developer Support Program of Polygon and have received an EARLY Build Grant to help facilitate bringing our highly sought-after Ferrum tech to the Polygon network. Through Polygon’s DSP Ferrum will also receive marketing and promotional support, technical guidance for project development, and connections to investors. We plan on using this grant to make our white label Staking solution Polygon compatible! Read more
Ferrum Network is Growing
If you enjoy building innovative solutions and having tons of fun, you’ll love working at Ferrum. See our available positions today. Learn more
Ferrum NFT Rewards
The first distribution of rewards was sent to the winners of the BK and Vapor95 NFTs with more on the way. Read more
Ferrum Network Partnerships
Ferrum Network has formed a number of partnerships over the last month positioning the organization for growth through these relationships as we work through our roadmap.
Polygon, Chainlink, Unifarm, ZOKYO, InvestDex, bRing Finance, PolyDoge & Echo. Click on any of the above project links to learn more about how each individual partnership brings additional value to the Ferrum Network.
“At Ferrum, we’re not interested in vanity partnerships. We believe that partnerships should accomplish at least one of the following: Utility, Revenue, or Growth. That being said, we are constantly overwhelmed with the number of promising projects who see value in Ferrum and want to return the favor. Here’s to the continued growth of the Ferrum ecosystem!” Nick Odio — EVP of Strategic Partnerships & Growth
Direct from the Flourishing Capital team:
“Today marks an important moment for the Flourishing Capital team as we happily announce that Ian M. Friend, Co-Founder & COO of Ferrum Network, has joined us as a strategic advisor. We have already reaped the benefits of Ian’s expansive knowledge and experience in blockchain as well as DeFi startups with his tireless efforts to advance the mass adoption of crypto around the world. Thus we are confident that his long and active part in the development of Flourishing Capital will be the perfect catalyst to help expand our platform to reach investors in new markets worldwide.” Read more
Ferrum Social Media
Ferrum Website: https://ferrum.network/
Telegram: http://telegram.ferrum.network
Telegram Announcement: https://t.me/ferrum_network_announcements
Twitter: http://twitter.ferrum.network
YouTube: http://youtube.ferrum.network
LinkedIn: http://linkedin.ferrum.network
