Difference between revisions of "Ferro"
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* https://docs.ferroprotocol.com/ | * https://docs.ferroprotocol.com/ | ||
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Latest revision as of 10:16, 11 July 2022
Ferro is a stableswap AMM protocol on Cronos
Key Features of Ferro Protocol
Ferro Swap
- Swap supported tokens with low slippage and fees
Liquidity Pools
- Supply liquidity in exchange for Liquidity Provider (LP) tokens and earn transaction fees proportionate to your contribution
Ferro Protocol Tokens ($FER and $xFER)
Ferro runs on the Cronos blockchain, which supports two types of tokens:
Native CRO tokens for gas transaction fees
- You will need CRO tokens to pay all the transaction fees (gas) on Ferro and other applications in the Cronos ecosystem
CRC-20 tokens for trading
- CRC-20 is a token protocol closely resembling Ethereum's ERC-20 for interoperability
- Except for Native CRO, all other tokens are CRC-20 tokens
- Tokens native to other blockchains are wrapped into CRC-20 tokens (eg. WBTC, USDC, ETH) to be operable on the Cronos blockchain
- Both $FER and $xFER in our protocol are CRC-20 tokens