This platform is designed to simplify the yield farming process for users by automatically seeking out the highest yield opportunities across a variety of DeFi protocols. In summary, Harvest Finance represents a significant advancement in the DeFi space, offering an automated, community-driven platform that empowers users to optimize their yield farming activities. Through its innovative use of blockchain technology and a strong focus on accessibility and governance, Harvest Finance is making high-yield farming opportunities more accessible to a wider audience.
- Ferrum Network has experienced several pivotal moments that have significantly shaped its trajectory within the cryptocurrency landscape.
- Users of Harvest Finance can connect their digital wallets to the platform and choose from over 100 farming opportunities, using any token they hold.
- Ferrum Network (FRM) is a cryptocurrency token built on top of Ethereum platform, launched in July 2019.
- Thus, if you had invested $100 during the ICO, it would currently be valued at only $75.16.
- This versatility has made it a popular choice among users looking to maximize their profits in the DeFi space.
- CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.
Ferrum Network Token Sale
These resources provide valuable information on how the platform operates, including the various yield farming strategies available to users. This initiative has helped in demystifying the complex world of DeFi for many, making it more accessible to a wider audience. As of Nov 18, Ferrum Network has a market capitalization of $3.2 Million and is ranked #1164 among all cryptocurrencies. This calculation is based on the circulating supply of Ferrum Network However, if we take into account the total supply of Ferrum Network, the market capitalization would be $7.2 Million.
Additionally, FARM holders are entitled to receive a 5% fee from the operations of Harvest Finance, aligning the interests of token holders with the long-term success and security of the platform. The live Ferrum Network price today is $0.02 with a 24-hour trading volume of $651.64K. The live market cap, measured by multiplying the number of coins by the current price is $12.59M.
Total Supply
For those interested in participating in the Ferrum Network ecosystem, FRM tokens can be acquired through several cryptocurrency exchanges. However, it’s crucial to approach cryptocurrency trading with caution and conduct thorough research before making any investment decisions. The dynamic nature of the crypto market means that investing in cryptocurrencies carries inherent risks, and it’s essential to be well-informed before diving in. Harvest Finance serves as an automated yield farming platform within the decentralized finance (DeFi) sector, leveraging blockchain smart contract technology.
Harvest Finance is a decentralized finance (DeFi) platform that leverages blockchain smart contract technology to automate the process of yield farming. This platform is designed to assist users, often referred to as farmers, in maximizing their returns by automatically directing their assets towards the highest yielding opportunities available within the DeFi space. Established in 2023, Harvest Finance has quickly positioned itself as a key player in the DeFi ecosystem by offering a solution that simplifies the yield farming process, making it more accessible to a broader audience. However, as with any investment, especially in the volatile and rapidly evolving DeFi sector, it’s important for potential users to conduct thorough research and consider the risks before committing their assets.
What’s the price of Ferrum Network now?
This staking mechanism not only incentivizes honest behavior among validators but also makes it economically impractical for malicious actors to compromise the network. It is important to note that trading cryptocurrency comes with risk, just like any other investment. Our network and products are powered by the FRM token, which is spent and burned with every transaction. And coming in later 2020, a high-speed cross chain DEX and mobile cold store application. The lowest price for one FRM coin is $0.012, recorded in November 2024, approximately 1 day ago. Thus, if you had invested $100 during the ICO, it would currently be valued at only $75.16.
Powered by a multichain messaging engine known as Quantum Portal, Ferrum Network’s mainnet will bring value, data, and functional interoperability to every chain in the industry. CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools frm token price for crypto, stocks, and forex traders. Ferrum Network is being traded on 8 cryptocurrency exchanges, including KuCoin and gate.io. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Ferrum Network employs a robust security framework to safeguard its ecosystem and ensure the integrity of transactions across its platform. This security is achieved through a combination of innovative protocols and strategic partnerships.
Who Are the Founders of Ferrum Network?
The governance token, FARM, plays a crucial role in the ecosystem, granting holders the ability to vote on proposals for the operational treasury and partake in the platform’s governance. The allocation of a 5% fee from Harvest operations to FARM holders further aligns the interests of the platform with those of its users. Harvest Finance has also distinguished itself by offering a diverse selection of yield farming pools and strategies for different types of assets. This versatility has made it a popular choice among users looking to maximize their profits in the DeFi space. The platform’s approach to automatically farming the highest yield available from the newest DeFi protocols, coupled with the optimization of yields using the latest farming techniques, showcases its innovative edge.
