Ferro Protocol is a stable swap AMM protocol that allows users to exchange with low slippage and minimum fees. Ferro's stable curve pool offers a wide array of utility, allows better composability between protocols in Cronos, creates a more effective way to access stablecoins and other highly correlated assets with lower fees, lower slippages, lower impermanent loss, and more utilization of pools.Money market protocols can list their interest-bearing token in Ferro, while any lower liquidity stablecoins bridged from other chains can leverage the Meta Pool set up to bootstrap the liquidity.Key Features of Ferro Protocol<ul><li>Ferro Swap. Swap supported tokens with low slippage and fees</li><li>Liquidity Pools. Supply liquidity in exchange for Liquidity Provider (LP) tokens and earn transaction fees proportionate to your contribution.</li></ul>xFER token is the yield-bearing token of the Ferro Protocol. Users can opt to convert FER to xFER at the prevailing exchange rate at any time. Ferro Protocol directs a certain portion of the protocol revenues (e.g. swap fees) into the FER:xFER conversion contract, resulting in the continuous increase of xFER over FER over time.

Ferro

Ferro Protocol is a stable swap AMM protocol that allows users to exchange with low slippage and minimum fees

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Ferro FER

Historical Data for Ferro