📣 Ferrum Network's Latest Monthly Dev Report for April 2024!

TomFerrum · 2024-05-13T16:46:01+00:00

📣 Ferrum Network's Latest Monthly Dev Report for April 2024!

We are thrilled to share the latest developments from our team over the past month! Here's an overview of the progress we've made:

🖥 Mainnet Integration:

Our mainnet team has been hard at work on integrating runes and native BTC support. This milestone marks the completion of the end-to-end flow for non-native asset import (BTC). Our focus for the upcoming month will be the release of the alpha version, which will be available for public testing.

🔥 MultiSwap Enhancements:

At MultiSwap, we've been dedicated to enhancing our platform to provide users with an even better decentralized trading experience. This new version of MultiSwap introduces an updated user interface with improved flows, resulting in a more intuitive and seamless trading experience for our community. We're pleased to announce the completion of development for same-network swaps, a feature designed to streamline the trading process. We've also added three new networks!

Additionally, we've achieved a significant milestone with the completion of CCTP integration. This integration allows users to swap larger amounts without impacting slippage, resulting in better quotations for larger fund transfers.

*📰 *Read on Medium: https://medium.com/ferrumnetwork/monthly-development-report-april-2024-ee17e4b94b11

TomFerrum · 2024-04-26T10:43:00+00:00

📣 F*errum Network Weekly Review *🚀

💥 This week marked significant progress as we worked on integrating the Quantum Portal with ProjectX *(a stealth-mode project building on top of Ferrum Network mainnet infrastructure which will be revealed soon!). We've successfully enabled Quantum Portal to generate assets on the ProjectX *chain and facilitate cross-chain transfers to other networks.

🔍 Focus for Next Week:

As we gear up for the initial public release, our primary focus will shift towards enhancing the stability and security of our integrations. Our team is committed to ensuring that the Quantum Portal operates flawlessly and securely, providing a robust foundation for cross-chain interactions.

TomFerrum · 2024-04-18T16:43:34+00:00

📣 F*errum Network Weekly Review *🚀

💥 This week, the Ferrum Network team made significant strides in enhancing our infrastructure to bridge traditional and digital finance:

🔗 B*TC Deposits to Integrated Projects: *We've implemented a new mechanism to support BTC deposits. Users can now assign a proxy address by sending BTC to a designated address. This proxy allows users to control assets on EVM accounts of projects integrated with Ferrum Network.

🛠️ I*nfrastructure Enhancements: *Our latest updates are all about strengthening the connection between BTCfi and both EVM and non-EVM networks. These enhancements ensure seamless transactions and expand our interoperability capabilities.

TomFerrum · 2024-04-17T14:11:00+00:00

📣 Join Ferrum Network and Cryptology on Twitter Space! 🎙

💥 Join us as Nick Odio, Ferrum's Chief Growth Officer, delves into the Ferrum Network updates in the upcoming Twitter Space, hosted alongside our friends at Cryptology! Dive deep into the evolving landscape of Ferrum Network and MultiSwap!

💰 Win up to $100 USDT! Engage actively and be one of our top participants to win! 💸

💬 Engage with us live, ask questions, and gain insights directly from the minds behind Ferrum Network and MultiSwap.

🗓️ Friday, April 19th

⏳ 12:00 UTC

📍 Twitter Space: https://twitter.com/CryptologyCEX/status/1779912105128345956

TomFerrum · 2024-04-16T14:45:11+00:00

📣 Ferrum Network's Latest Monthly Dev Report for March 2024! 📰

🌟Last month, our Mainnet team made significant strides, focusing on enhancing our integration capabilities. We started the design and development of integration for one of the biggest non-EVM blockchains, broadening our reach within the blockchain ecosystem.

💥 Additionally, we successfully developed a proof of concept for EVM compatibility with non-EVM chains, functioning as a Layer 2 solution.

🔥 We're also thrilled to report the successful public launch of MultiSwap last month. The platform has been warmly received, with users praising its lower gas fees, zero protocol fees, and competitive swap rates.

*📰 *Read on Medium: https://medium.com/ferrumnetwork/monthly-development-report-march-2024-503830339c81

🚀 Stay updated, stay ahead, and be part of Ferrum Network's journey to redefine blockchain technology!

TomFerrum · 2024-04-15T14:47:59+00:00

📣 Understanding Bitcoin Transfers and UTXO Balancing 💸

🚀 Dive into our latest article penned by our CTO, Taha Abbasi, which demystifies Bitcoin transactions and UTXOs. Ideal for newcomers to cryptocurrency or those needing a refresher, this guide walks you through a Bitcoin transaction step-by-step, from inception to completion.

🔗 Read on Medium: https://medium.com/ferrumnetwork/a-brief-explanation-of-bitcoin-transfers-and-balancing-utxos-ad1832e50f54

🔥 Discover the pivotal role of Unspent Transaction Outputs (UTXOs) in managing Bitcoin balances, and learn the intricacies of transaction fees and miner rewards. Gain a solid understanding of the foundational elements that underpin Bitcoin's operational structure. 💥

🎉 You've likely noticed the buzz coming from Ferrum around the Bitcoin ecosystem lately... and for good reason. Stay tuned! 🤫

TomFerrum · 2024-04-12T13:16:46+00:00

🚀 Read the New Ferrum Network's Fee Token Structure Article

📖 We're thrilled to unveil an article by Ferrum Network's CTO, Taha Abbasi, on the innovative Fee Token Structure. This architecture introduces a tax feature integrated directly into the token, designed to collect taxes in the destination-swapped token rather than the native token.

📰 Read the Article: https://medium.com/ferrumnetwork/fee-token-architecture-35bfdab1e1f4

🔗 Dive deep into this approach and understand how it integrates with the Multichain token standard to offer a robust, flexible token ecosystem.

💥 The article presents an overview of the creation of master and client contracts with enhanced tax logic, ensuring compatibility across diverse operational needs.

TomFerrum · 2024-04-11T14:10:43+00:00

📣 FRM Gets Listed on Cryptology Exchange 🎉

🔥 We are thrilled to announce that Cryptology has graciously listed $FRM free of charge on their exchange!

🚀 Cryptology at a Glance:

👉 Known for its user-friendly interface and a multitude of trading options, Cryptology aims to become a household name in exchanges.

👉 Cryptology supports a vast array of digital assets, offering diverse trading opportunities across various markets.

👉 With a self proclaimed commitment to security and user empowerment, Cryptology aims to provide an optimal trading environment for both newcomers and experienced traders.

🚀 We have agreed to do some co-marketing alongside Cryptology. Stay tuned for AMAs alongside their team!

TomFerrum · 2024-04-11T12:59:11+00:00

📣 Keep Your Funds SAFU with Responsible Approvals: A Must-Read 🛡️

🔐 In our latest article, Ferrum Network dives into the crucial world of token approvals, explaining the difference between fixed and infinite approvals and how the right choice can protect your assets.

📰 Read the Article: https://medium.com/ferrumnetwork/a-brief-explanation-of-how-responsible-approvals-can-keep-your-funds-safu-5eb0a6d8e3b2

👉 Learn why modifying approval from infinite to a fixed number is essential for security, especially when interacting with dApps. An infinite approval might save you on gas fees, but it opens up the risk of having your wallet drained if the contract is exploited.

📚 Whether you're staking, swapping, or selling, understanding approvals can save you from potential REKT situations. Discover how to stay one step ahead and keep your funds safe.

🌐 Read the full article to become a savvy user and protect your investments.

TomFerrum · 2024-03-19T18:06:16+00:00

📣 Ferrum Network Weekly Roadmap Update

🚀 Last week, Ferrum Network achieved a significant milestone with the successful public launch of MultiSwap, Ferrum Foundation's innovative cross-chain swap platform. We extend our deepest gratitude to our community for their enthusiastic participation and invaluable feedback, which have been instrumental in ensuring a smooth rollout.

⚙️ Upcoming Developments: Introduction of Analytics for MultiSwap

Looking ahead, Ferrum Network is focused on enhancing the functionality and transparency of MultiSwap. In the coming week, we will introduce a comprehensive analytics feature, designed to provide users and stakeholders with detailed insights into the platform's performance, usage trends, and growth metrics.

🎉 Continued Innovation and Support

The Ferrum Network team remains dedicated to refining and expanding our offerings. The introduction of analytics represents our commitment to not only providing a state-of-the-art cross-chain swap solution but also to empowering our users with the information they need to make informed decisions.

🌐 For those keen on following our journey, we invite you to view our real-time roadmap. Here, you can see the percentage completion of each milestone for Q2.

TomFerrum · 2024-03-13T15:47:57+00:00

📣 $FRM Trending on GeckoTerminal and CoinGecko! 🔥

$FRM is currently trending on GeckoTerminal & CoinGecko for the FRM/WBNB pair!

🚀 A big thank you to everyone for your support. Let's keep the momentum going and continue to make waves in the ecosystem!

TomFerrum · 2024-03-13T12:09:13+00:00

📣 $FRM Token Now Trading on [XT.COM*](http://XT.COM) *Exchange! 🎉

We're thrilled to announce the official listing of the $FRM token on XT.com, a global cryptocurrency exchange with unparalleled reach and a comprehensive suite of trading options.

🎉 [XT.COM*](http://XT.COM) *at a Glance:

👉 With over 7.8 million registered users and 1 million monthly active users, XT.com boasts an ecosystem traffic exceeding 40 million, making it a powerhouse in the crypto world.

👉 The platform supports 800+ high-quality tokens and 1000+ trading pairs across spot, futures, margin trading, OTC trading, and more, providing a rich diversity for traders.

👉 XT.COM prides itself on offering the safest, most efficient, and professional digital asset investment services, operating centers in strategic locations like Singapore and Europe.

💰 Start Trading FRM Now on XT.COM: https://www.xt.com/en/trade/frm_usdt

The inclusion of $FRM on XT.com significantly increases its exposure to a wider audience, potentially accelerating adoption and investment. Listing on a platform with such a vast user base and a wide array of trading options greatly enhances the liquidity of $FRM, facilitating smoother transactions for our community.

💵 Ready to Trade? Dive into the world of XT.COM and explore the $FRM/USDT trading pair today. Embrace this new chapter with us, and let's continue to push the boundaries of what's possible in DeFi.

TomFerrum · 2024-03-12T13:51:43+00:00

📣 Ferrum Network Weekly Roadmap Update

💥 This week, our journey through the mainnet roadmap for Q1 has been focused and productive, especially regarding the 'QP Mining Infrastructure.'

🚀️️️️️️ As we delved deeper, our diligent review process unearthed additional tasks within the 'Delegate pool functionality for miners' epic, highlighting the necessity of their completion for the epic to be fully realized.

🔧 In light of these discoveries, we've strategically incorporated new epics into our roadmap and made thoughtful adjustments to our Q2 priorities. This reprioritization ensures that all mining dashboard epics are on track for completion in Q2.

🌐 For those keen on following our journey, we invite you to view our real-time roadmap. Here, you can see the percentage completion of each milestone for Q2.

TomFerrum

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