Ferrum Network

This content is generated by RD AI and is for reference only

Ferrum Network is an interoperability protocol based on a directed acyclic graph (DAG), designed to enable trustless transfer and trading of digital assets across different blockchains. It uses a proxy token mechanism: users lock assets on the original chain and generate corresponding proxy tokens, which can be traded quickly and at low cost within the Ferrum network, and later redeemed for the original assets. The network uses the native FRM token as transaction fees, with a burning mechanism to deter spam.