Introducing The Merge: Setting Ferrum Network Up For Success.
03 Mar 2023, 16:27
š£ Introducing The Merge: Setting Ferrum Network Up For Success!
š„Ferrum will be merging the supplies of FRMx and FRM in order to ensure the success and longevity of the Ferrum Network.
šThe team evaluated the pros and cons of a 2-parachain approach but ultimately decided that focusing on a single network was the best option for a variety of reasons, including simplifying token utility and development, avoiding confusion for new community members, and retaining enough reserve tokens to ensure the success of the network.
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The merge is designed to simplify Ferrum's tokenomics, technology, roadmap, and value proposition to new and existing community members.