In this session, Nick will take a deep dive into one of the most important aspects of the Ferrum Network Whitepaper, namely Tokenomics and Monetary Policy. Nick will break down all the key components of the whitepaper, including the FRM token and how it is used to incentivize network participants. He will also cover the role of the Ferrum Network Reserve and how it supports the stability of the network.
Whether you are a seasoned blockchain enthusiast or just getting started, this session promises to be a fascinating and informative journey into the world of tokenomics and monetary policy.
01:45 Role of the FRM coin in the ecosystem
06:20 On-chain Governance
15:30 Treasury and Reserve
19:50 Transaction Fees
24:05 Team Participation and Employee Crypto Ownership Plan
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 #Whitepaper #Ferrum