What is Ferro (FER)

Ferro or FER is a stable swap Automated Market Maker (AMM) with deep liquidity. It aims to provide users with safe and efficient trading. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (FER/USDT – Trade it here) on our Innovation Zone, check it out now!

What is Ferro (FER)
What is Ferro (FER)

Why is Ferro AMM?

Ferro is a stableSwap AMM protocol that provides users with a safe and efficient AMM. It runs on the Cronos blockchain and has very high composability with other protocols in the Cronos Ecosystem. Now, they are offering a highly stable and efficient way to exchange and swap tokens on their liquidity pool.

Additionally, Ferro runs a Hybrid Invariant model. It is a model that accomplishes two purposes. Number one, it ensures that the price of stablecoins remains in their pegged wallet in the swap. Number two, it will maintain trades efficiently at high volume.

What is the Difference Between Ferro and other DEXs?

One of the biggest strengths of Ferro is its very low fees. Its gas usage and traffic efficiency allow users to swap tokens easily while maintaining a low price. Additionally, it has very low slippage and almost no impermanent loss. This is because their highly correlated assets reduce price divergence within tokens of the same pool while reducing the overall market exposure of the pools.

Ferro also has more utilization of their liquidity pools. Their correlated assets provide more room for utilization. This in return gives the protocol more opportunities to benefit from deploying pools into other DeFi protocols. Here are the two main features that Ferro offers:

Ferro Swap

Ferro Swap allows users to exchange one token with another in the pool. The condition is, both tokens need to be available in any of the pools within the protocol itself. Furthermore, users can customize their token exchanges. Specifically, users can specify the allowable slippage in percentage for token exchange.

Liquidity Pools

Users can become liquidity providers for the liquidity pools and receive rewards. They simply need to stake their LP tokens in the liquidity farm and users will receive the native token, FER. Users can also lock the tokens with several maturity choices to increase their earnings! Get a head start now!

Is Ferro (FER) a Good Investment?

All stable liquidity pools with low fees are great. Meanwhile, Ferro is bringing even more than low fees to the market. Therefore, has a lot of potential and you can try short-term or long-term investments. However, it is crucial for users to prepare a proper exit strategy before investing. It is also important to consult your financial adviser for any investment plans. This is not financial advice.

Where to buy FER Token

You can find FER Token here at MEXC! We are listing FER/USDT in our Innovation Zone!

What is the Price of FER Tokens?

The live price of FER tokens will be available soon. You can check the live price of their token right here!

How to buy FER Tokens

You can buy FER Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “FER” using the search bar to see the available trading pairs. Take FER/ USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of FER you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy FER] to confirm your order. You will find the purchased FER in your Spot Wallet.

You can find a detailed guide on how to buy FER Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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