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#107 Ferrum's Merge Explained
Manage episode 357712740 series 3327089
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Welcome to Ferrum Network's Merge Video, where Ian and Nick answer all your burning questions about the recent merger of FRM and FRMx. This highly informative video explains the benefits of this merge for the community and the network and why we chose Arbitrum to mint the new FRM supply.
We also introduce exciting new staking pools that have been created as a result of the merge and discuss the future outlook for the Ferrum Network ecosystem. Whether you're a seasoned investor or new to the world of cryptocurrency, this video provides valuable insights into the thought process behind our recent decisions and the direction we're heading in.
So sit back, relax, and join us as we delve into the details of Ferrum Network's recent merger and the exciting developments that lie ahead. Don't forget to subscribe to our channel for more informative videos and updates on the Ferrum Network ecosystem.
💥Work at Ferrum Network: https://apply.workable.com/ferrum
Chapters
00:00 Intro
00:25 Why did we decide to merge FRM and FRMx?
16:25 How does the merge affect FRM and FRMx token holders?
22:50 Why did we choose Arbitrum to mint the new supply of FRM?
31:05 Use Crucible Staking on Arbitrum
36:45 Burning 14,000,000 FRM tokens, New Staking Pools
44:35 Final Thoughts
Read the Introducing The Merge: Setting Ferrum Network up For Success Article: https://medium.com/ferrumnetwork/introducing-the-merge-setting-ferrum-network-up-for-success-2b23d961fbf0
Read Ferrum's Whitepaper: https://docs.ferrumnetwork.io/ferrum-network-ecosystem/
Ferrum Network Community 👇
⌨️ Telegram: https://t.me/ferrum_network
🖥️ Discord: https://discord.gg/ferrum
✍️ Medium: https://medium.com/ferrumnetwork
🌐 Website: https://bit.ly/3rCfD4J
🐦 Twitter: https://twitter.com/FerrumNetwork
🎵 TikTok: https://www.tiktok.com/@ferrumnetwork
📘 Facebook: https://www.facebook.com/ferrumnetwork
Ferrum Network is a pioneer in ushering in the era of Interoperability 2.0. Powered by the Quantum Portal, Ferrum Network’s mainnet nodes and related infrastructure will bring value, data, and functional interoperability to every chain in the industry. Utilizing the Ferrum Network, anyone can build and deploy solutions on one network and instantly enable multi-chain functionality without the burden or technical debt that comes with managing a multi-chain infrastructure for their dApps, and projects.
Ferrum also specializes in multi-chain Blockchain as a Service DeFi solutions provider, adding deflationary mechanisms, token utility, and Web3 technology products to projects across the crypto space.
With the mission of breaking down barriers to mass adoption, Ferrum empowers the industry by reducing friction and bringing together startups and established networks.
#FRM #MultiSwap #Ferrum
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