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๐คWhat is FRC-7?
By enabling the bridge to Arbitrum and consolidating liquidity on the chain or chains decidend on by voters, FRC-7 is designed to improve mobility of FRM and reduce slippage and price impact for traders.
๐Proposal Link: frc-7 Proposal
๐Waiting Period End: October 13th, 2024 at 13:14 UTC
๐Voting Start: October 20th, 2024 at 13:14 UTC
โ๏ธWe encourage every member of our community to review the proposal, engage in thoughtful discussions, and exercise their voting rights when the voting period begins.
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๐ FRC-7 Proposal
Donโt miss out on this opportunity to engage with the Ferrum Network team and get all your questions answered!
๐ Click here to listen to Part 1 of the Twitter Space!
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๐Proposal Link: FRC-7 Proposal
๐Voting Starts: Oct 13, 2024, 3:14 PM
๐Voting Ends: Oct 20, 2024, 3:14 PM
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๐ง Missed the latest insights? Donโt worry, Ferrum Labs hosted two exciting Twitter Spaces last week discussing the latest Mainnet developments, and both Part 1 and Part 2 are now available to listen to!
๐ Part 1
๐ Part 2
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๐ Quantum Portal Documentation, designed to assist developers in integrating with Quantum Portal contracts. These comprehensive guides support dApp development across both EVM and non-EVM ecosystems.
๐ Check out the Quantum Portal Documentation now and start building with ease!
Whether you're building on Ethereum, Binance Smart Chain, or non-EVM platforms like Cosmos, these docs will help streamline your development process.
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Hope you didn't miss the launch of Ferrum's Blockscout Explorer, enabling real-time tracking of on-network transactions with zero backlog. This new explorer provides greater transparency and ease of access, ensuring you can monitor your transactions seamlessly.
๐ Explore Blockscout and see it in action!
Check out the explorer now and experience smooth, real-time transaction tracking across the network.
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In response to community feedback and reports of issues on SushiSwap, weโve transitioned liquidity for the cFRM/FRM and FRM/ETH pairs from SushiSwap to Uniswap on Arbitrum. ๐ ๏ธ This shift was made to address the challenges raised and to provide a more reliable trading experience on Uniswap. ๐น
โจ FRM Ethereum and Arbitrum trading are now available on the seamless Uniswap platform for improved access and stability! ๐
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FRM/WETH Pair: 0xf160A2E1030BC1d334415a3366024B916aDcCECf
cFRM/FRM Pair: 0xFB6DddE905A47626427023A3ae73A42b2A18f0A8
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app.uniswap.org
Uniswap Interface
Swap crypto on Ethereum, Base, Arbitrum, Polygon, Unichain and more. The DeFi platform trusted by millions.
2. Statement by Ian.pdf
546 KB
We are reaching out to share important statements from Ian and Naiem, co-founders of Ferrum Network. These statements provide valuable insights into the current state of the network, recent developments, and the path forward as we navigate the challenges ahead.
Given the significance of the messages conveyed by both stakeholders, we encourage you to take the time to read their statements in full. Their perspectives are crucial for understanding the ongoing efforts to ensure Ferrum Networkโs growth and resilience.
Thank you for your continued support and engagement with Ferrum Network.
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Thank you all for your spooktacular entries in our Halloween Contest! The creativity and spirit you brought to this contest have truly been a treat!
The winners, chosen by the Ferrum Labs team, are:
๐ Meme/Creative Design:
Check out the winner here: @kiritoXenn
๐จ T-shirt Design:
Congrats to our winner: @Web3_Divine
๐ Quantum Portal Related Education Content:
Hats off to: @Haji_D1
Each of our winners will receive $150 in cFRM tokens!
Winners, please message @FerrumNetwork on Twitter with your ARB wallet address to claim your prize!
Thanks again for all the spooky fun, and stay tuned for more exciting contests in the future!
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๐ฒ Lottery Bonus! We're also giving away 50 Pizza Pets through a lottery to participants who stake at least 1 cFRM and complete the tasks outlined on the platform. This means anyone who qualifies has a chance to win! ๐๏ธ
๐ Deadline: You only have 24 hours until November 7th at 20:00 UTC to enter!
Pizza Pets marks a whole new frontier in blockchain gaming, inviting Ferrum Network and Ordinals enthusiasts to an evolving experience on Bitcoin. Stake, qualify, and bring your Pizza Pet to life!
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Official_Statement_on_Recent_Incident_Involving_MetaXSeed_MXS_Games.pdf
1.5 MB
We are addressing a recent incident that impacted MetaXSeed's $XSEED token launch. A breach involving the developer's wallet led to an unauthorized withdrawal of vested tokens, disrupting the token's stability and affecting MXS Games' ecosystem.
Ferrum Network's Actions:
๐ Liquidity Support: Assisting MXS Games in re-establishing liquidity levels affected by this incident.
๐ Token Swap Support: Providing technical and financial resources to facilitate a smooth Token Swap and relaunch activities.
๐ Recognizing MXS Games' Dedication: MXS Games has consistently demonstrated exceptional professionalism and commitment to their community. Despite this setback, we believe in their potential for recovery and success.
๐ Accountability and Actions Taken: Ferrum is committed to procedural adherence and has taken action against individuals responsible for oversight during this deployment.
For a detailed breakdown of the incident and our ongoing support, please refer to the attached PDF.
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We want to take a moment to address recent community discussions regarding FRM movement and provide clarity on the situation.
For months, the Ferrum team has been actively securing funding to support the rollout of Mainnet, which includes the imminent release of the Mainnet Bridge. This bridge will enable FRM movement and drive traction through upcoming airdrop and engagement campaigns.
During this period, maintaining baseline volume and ensuring listing status on key exchanges has been a priority. Due to recent market conditions, there was a need to facilitate additional volume on KuCoin and Gate to maintain healthy trading activity.
โ The FRM moved is NOT being dumped outrightโif that were the case, the impact would be significantly visible.
โ There is a coordinated effort with liquidity providers to facilitate trading volume while ensuring responsible and gradual liquidity management.
โ The team continues to allocate funds for critical operational costs (e.g., server infrastructure) to prioritize the Mainnet launch.
The Mainnet launch is the primary focus, and once deployed, it will unlock additional opportunities to secure funding and fuel further ecosystem growth.
Stay tunedโmore Mainnet updates coming soon!
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Ferrum Network has officially launched as an Arbitrum Orbit L3, marking a major leap forward for multi-chain dApps. With blazing-fast transactions, ultra-low fees, and Quantum Portal, developers can now build cross-chain applications without traditional bridging limitations.
๐ Remote Balance Technology: Manage liquidity across multiple blockchains without moving tokens.
๐ Seamless Bridging: FRM token bridge is live, with official Arbitrum support in progress.
๐ Optimized for DeFi: High-speed, scalable infrastructure for next-gen decentralized applications.
Read the full article to dive into the next era of multi-chain innovation:
๐ฐ Read the Article
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Hi Ferrum Community,
We want to share a transparent update regarding the financial status and operational logistics of the project.
First, a heartfelt thank you to our volunteers, contributors, and backers who have kept things runningโespecially those who have covered server and infrastructure costs out of their own pockets over the past few months. Your dedication has not gone unnoticed, and weโre deeply grateful.
That said, weโve reached a point where the ongoing costs of servers, hosting, and operations have exceeded the funds currently available. As a result, we anticipate some service interruptions in the near term.
To mitigate this, we are working on providing a mechanism that allows users to unwrap their Crucible tokens without relying on active server infrastructure.
Additionally, weโre exploring options for liquidity consolidation to support trading activity for users on Arbitrum. Weโll provide further updates on the feasibility and rollout of these efforts soon.
Thank you for your continued support and understanding as we navigate these challenges together.
We want to share a transparent update regarding the financial status and operational logistics of the project.
First, a heartfelt thank you to our volunteers, contributors, and backers who have kept things runningโespecially those who have covered server and infrastructure costs out of their own pockets over the past few months. Your dedication has not gone unnoticed, and weโre deeply grateful.
That said, weโve reached a point where the ongoing costs of servers, hosting, and operations have exceeded the funds currently available. As a result, we anticipate some service interruptions in the near term.
To mitigate this, we are working on providing a mechanism that allows users to unwrap their Crucible tokens without relying on active server infrastructure.
Additionally, weโre exploring options for liquidity consolidation to support trading activity for users on Arbitrum. Weโll provide further updates on the feasibility and rollout of these efforts soon.
Thank you for your continued support and understanding as we navigate these challenges together.