Towards the final quarter of 2024, Ferrum Network will gear up to diversify and enrich the ecosystem with a variety of initiatives. Here's a snapshot of what Q4 holds:
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π A unified interface for asset swapping is being considered, which could significantly boost liquidity for Patex, vital for maintaining a healthy and efficient market environment.
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We're back with our latest roadmap update, highlighting key developments that are shaping the future of our platform. Let's delve into this week's progress:
π‘ Our development on the MultiSwap gas & fee management infrastructure has reached a pivotal point with most blockchain-related tasks now complete. The backend team is poised to commence their part of the work in the coming week.
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We're excited to announce the latest DAO Proposal [FRC-SUG-6] is now up for discussion on our Discord! Your insights and feedback are invaluable to us.
π― What is FRC-SUG-6?
This proposal centers around the Reward Structure for QPMs and QPVs on the Quantum Portal Network. It's a chance to test our Monetary Policy on a scaled-back basis and understand the process for operating miners and validators more effectively.
π Staking Requirements: Establishing thresholds for Quantum Portal Network with lower requirements than Ferrum Mainnet to encourage broader participation.
π Miner and Validator Requirements: Outlining the basic and staking requirements for Quantum Portal Miners (QPM) and Quantum Portal Validators (QPV), including options for staking delegation.
π Reward Release and Distribution: A proposed release rate of 0.035% of the reserves for Node Runner rewards per expansion period, with a split based on staked balance.
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π The pivotal role Ferrum Network has played in introducing and attracting a vibrant community to the #Algorand ecosystem via Gora.
π Our impactful contributions in nurturing and enhancing the $GORA ecosystem.
π How Ferrum became #1 validator on Gora!
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π Donβt miss out on this insightful breakdown of what 2024 holds for Ferrum Network. Head over to our Medium page and immerse yourself in our roadmapβs details!
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π£ We Bought DOT Initiativeπ₯
π£ We're coming with another We Bought DOT initiative update! We have accumulated 576.9 DOT since our last update.
π₯This brings our current total to 24,984.9 DOT!
πWe have many more plans to continue to accumulate well into 6 figures worth of DOT in the near future in order to facilitate our plans of securing a Polkadot parachain!
π Ferrum Secured Kusama Parachain!
π¦ Like & Share
π£ We're coming with another We Bought DOT initiative update! We have accumulated 576.9 DOT since our last update.
π₯This brings our current total to 24,984.9 DOT!
πWe have many more plans to continue to accumulate well into 6 figures worth of DOT in the near future in order to facilitate our plans of securing a Polkadot parachain!
π Ferrum Secured Kusama Parachain!
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We're thrilled to share that Ferrum Network has been recognized by CertiK's Skynet as a leader in the Web3 space, ranking in the top 10% across multiple critical categories!
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We're back with our latest roadmap update, highlighting key developments that are shaping the future of our platform. Let's delve into this week's progress:
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Weβre kicking off the year with exciting developments across our platforms. Here's what we've been up to:
πExpanding our asset range, we've enabled users to add tokens to MultiSwap using contract addresses. This development is currently in the testing phase to ensure flawless functionality.
πJanuary was a busy month with a focus on Quantum Portal audits on the Mainnet. Our team conducted thorough testing to ensure the highest security and reliability of the Quantum Portal network.
πWeβve begun designing a new staking flow for miners, incorporating individual staking delegation to enhance Mainnet's functionality.
πAn alternate flow for non-EVM payment pools has been created, providing a backup to release funds from the common pool in case of issues with the main withdrawal flow.
Stay updated, stay ahead, and be part of Ferrum Network's journey to redefine blockchain technology!
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We're back with our latest roadmap update, highlighting key developments that are shaping the future of our platform. Let's delve into this week's progress:
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This week, we achieved significant milestones in the integration of non-EVM networks into the Quantum Portal Network. Hereβs whatβs been happening:
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π― What is FRC-SUG-6?
This proposal centers around the Reward Structure for QPMs and QPVs on the Quantum Portal Network. It's a chance to test our Monetary Policy on a scaled-back basis and understand the process for operating miners and validators more effectively.
π Staking Requirements: Establishing thresholds for Quantum Portal Network with lower requirements than Ferrum Mainnet to encourage broader participation.
π Miner and Validator Requirements: Outlining the basic and staking requirements for Quantum Portal Miners (QPM) and Quantum Portal Validators (QPV), including options for staking delegation.
π Reward Release and Distribution: A proposed release rate of 0.035% of the reserves for Node Runner rewards per expansion period, with a split based on staked balance.
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π£Check your inbox for Ferrum's Newsletter!π€©
πWe're super excited to share some of the most exciting developments of the month with you!
βοΈIf youβd like to stay up to date with everything Ferrum (newsletters, updates, presale links) - please add the following addresses to your email contacts:
π₯hello@e-mail.ferrum.network
π₯marketing-pub@ferrum.network
π₯hello@decentralizedincubator.com
βοΈAdditionally, stay up to date on Ferrum's Updates by joining the Ferrum Network Announcement Telegram Channel
πWe're super excited to share some of the most exciting developments of the month with you!
βοΈIf youβd like to stay up to date with everything Ferrum (newsletters, updates, presale links) - please add the following addresses to your email contacts:
π₯hello@e-mail.ferrum.network
π₯marketing-pub@ferrum.network
π₯hello@decentralizedincubator.com
βοΈAdditionally, stay up to date on Ferrum's Updates by joining the Ferrum Network Announcement Telegram Channel
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