🚀 Ferrum Network Weekly Review

Exciting strides forward in the Ferrum Network ecosystem! Our journey continues as we bridge the realms of DeFi and BitFi, making significant leaps towards a seamlessly connected world. 🌉

This Week’s Focus:
The spotlight this week is on optimizing our indexing service, ensuring it runs smoothly and efficiently. This enhancement is pivotal for projects utilizing Ferrum's infrastructure to forge robust DeFi to BitFi connections 🛠️

Up Next:
With indexing improvements underway, our next venture focuses on empowering the infrastructure to support the execution of transactions. These transactions, initiated within the DeFi ecosystem, will seamlessly execute in the BitFi ecosystem. This leap is not just a step but a giant leap towards unifying ecosystems, offering unparalleled efficiency and interoperability 🔄🔗

Highlights:
📶 DeFi meets BitFi: Ferrum is enabling a new era of connectivity
🖥 Indexing Service Optimization: A laser focus on making DeFi to BitFi transitions smooth
🔮 Future Steps: Enabling transaction executions for ecosystems partners

We’re on the brink of something revolutionary, and your support fuels this innovation. Stay tuned for more updates and thank you for being an integral part of this journey. The future is interoperable, and together, we are paving the way. 🚀🔍

📣 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

👉 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.

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📣 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!

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🚀 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

🔗 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.

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📣 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

🔥 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! 🤫

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📣 We Bought DOT Initiative💥

🟣 We're coming with another We Bought DOT initiative update! We have accumulated 500.6 DOT since our last update.

🔥This brings our current total to 25,867 DOT!

👉We 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!

👉 Ferrum Secured Kusama Parachain!

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📣 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

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

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📣 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

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📣 Ferrum Network Weekly Review 🚀

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

🔗 BTC 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.

🛠️ Infrastructure 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.

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📣 Explore Runes Ecosystem with Ferrum Network and trevor.btc!

🚀 Join our Twitter Space with trevor.btc, founder of PizzaNinjas, and Taha Abbasi from Ferrum Network & MultiSwap. We'll dive deep into the Bitcoin halving, explore the power of Runes, and discuss how Ferrum and MultiSwap connect the BTC ecosystem. 🍕🥷

🗓️ Wednesday, April 24th
⏳ 19:00 UTC
📍 Twitter Space

🗣️ Learn directly from one of the biggest names in the BTC world, trevor.btc, whose PizzaNinjas are famously linked to the 10K BTC used for the historic Bitcoin pizza purchase.

📅 Don't miss out on gaining insightful knowledge on Runes and Ferrum Network!

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❗️ Embrace the BTCFi Revolution with MultiSwap 🌟

🧨 MultiSwap isn't just a cross-chain swap platform; it’s a revolutionary one-click meta-DEX aggregator, live today with multiple EVM networks, and soon MultiSwap will enable access to the transformative Bitcoin Runes landscape by enabling direct, effortless trading of BTC and related assets through MetaMask and applicable wallets. Here's why you should be excited:

💸 BTCFi on Your Terms: Imagine trading assets like Runes, Ordinals, even Bitcoin itself, along with other BTCFi tokens directly through a simplified decentralized interface. For EVM users, you can even swap directly with MetaMask. MultiSwap will turn this into reality, bridging the gap between Bitcoin and the broader EVM ecosystem.

🔗 OmniChain Liquidity Unleashed: Say goodbye to high slippage and fragmented liquidity pools. MultiSwap will allow you to add liquidity once and trade everywhere, simplifying transactions across chains and reducing costs significantly.

🦊 Direct Integration with MetaMask: MultiSwap leverages the familiarity and security of MetaMask, powered by Ferrum Network’s infra, MultiSwap will enable you to manage and trade your BTCFi assets seamlessly within the interface you trust.

💰 Support for popular Bitcoin wallets: Yes, Xverse and Unisat will soon be supported for our Bitcoin core community, who prefer trading within the ecosystem.

📈 Interoperability by Design: Powered by Ferrum Network's infrastructure and leveraging strategic partnerships across the blockchain space, MultiSwap is poised to elevate the utilization of the amazing BTC ecosystem to new heights.

🌐 Explore Our New Website
We've added detailed overviews of these revolutionary processes to our new website. Visit our new site and embrace the revolution of $BTC with $SWAPS today!

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📣 Cross-Chain Swap in 11 Seconds with MultiSwap 🎉

💥 In an electrifying display of efficiency, Taha completed a cross-chain swap using MultiSwap in just 11 seconds! This showcases the power and speed of MultiSwap's technology, making it a game-changer in the world of decentralized exchanges.

🎥 Check out the video to see the lightning-fast swap in action and experience the future of cross-chain trading with MultiSwap. This is what seamless, rapid trading looks like!

👉 Don’t forget to like, share, and comment on the video. Let’s spread the word about the speed revolution MultiSwap is bringing to the blockchain space!

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📣 Ferrum 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.

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📣 Big News for MultiSwap 🚀

🔥 We are pleased to announce that MultiSwap is the proud recipient of a grant from the UAGP, the Uniswap-Arbitrum Grant Program.

🎉 Since Arbitrum was one of the very first networks to which MultiSwap deployed and a large majority of the volume conducted through the protocol is sourced through Uniswap, the two have graciously and jointly decided to award MultiSwap with a grant to cover the costs of a future audit.

🌐 A huge thank you to Uniswap and Arbitrum for their support and belief in our mission. Stay tuned as we continue to innovate and enhance MultiSwap's capabilities!

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📣 MultiSwap Earns 'Validated' Badge on MagicSquare Store! ⭐️

🎉 Big cheers, Swappers! Thanks to your incredible support, MultiSwap has successfully earned the 'Validated' Badge on Magic Store!

📈 What This Means:
With the 'Validated' Badge, MultiSwap gains enhanced credibility and exposure, attracting a broader audience to explore and use our platform.

🔗 Explore MultiSwap on Magic Store:
Check out our page on Magic Store and dive deeper into what makes MultiSwap a game-changer in cross-chain swaps: MultiSwap on Magic Store

🔥 This achievement marks just the beginning of our collaboration with Magic Square. Make sure to stay tuned so you don't miss out on what we're preparing for you!

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📣 Twitter Space with Arbitrum & Ferrum Network 🎙

🚀 Join our Twitter Space with Arbitrum and Nick Odio from Ferrum Network & MultiSwap! We'll be diving deep into Ferrum's interoperability infrastructure and the innovations powering MultiSwap.

🗓️ Friday, May 10th
⏳ 18:00 UTC
📍 Twitter Space

🎙 Learn how Ferrum's robust infrastructure enables seamless cross-chain transactions and discover the innovative features behind MultiSwap's true OmniChain Liquidity.

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📣 Ferrum Network Weekly Review 🚀

🔥 This week we've made significant strides in supporting the evolution of BTCFi by enhancing our Bitcoin Layer 2 support.

👍 Our team is diligently working on enabling inscription indexing, which includes Runes, and facilitating seamless interactions with integrated apps like Xverse and Unisat.

🌐 These crucial integrations are set to empower ecosystem projects, allowing them to build robust trade, bridge, and swap functionalities for Runes and BTC directly on top of Bitcoin L2's, all through the Ferrum Mainnet.

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📣 We Bought DOT Initiative💥

🟣 We're coming with another We Bought DOT initiative update! We have accumulated 566.3 DOT since our last update.

🔥This brings our current total to 26,433.3 DOT!

👉We 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!

👉 Ferrum Secured Kusama Parachain!

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