| General information | |
|---|---|
| Global rank: | 2563 |
| Name: |
Ferro |
| Symbol: | FER |
| Current coin price (MXN): | 0.007 $ |
| Last hour: | arrow_upward0.040 % |
| Last 24 hours: | arrow_downward-1.84 % |
| Last 7 days: | 0.950 %trending_up |
| Capitalisation (MXN): | 6 275 730.78 $ |
| Volume 24h (MXN): | 70 496.57 $ |
| Available supply: | 932 530 341.00 FER |
| Total coin supply: | -1 FER |
| Start date: | 2022-06-06 |
Ferro/Mexican Peso (FER/MXN) price chart
Ferro/Mexican Peso (FER/MXN) capitalisation and volume charts
Ferro, a StableSwap AMM protocol, brings a way for users to exchange & farm tokens by creating pools consisting of highly correlated assets, such as stablecoin pools or native-wrapped token pools.
There are 2 types of tokens to fuel the overall Ferro ecosystem, each with different utilities, namely $FER and $xFER. $FER token is the main reward/incentive token in the protocol. Users can receive $FER by staking their LP token (obtained after depositing/LP-ing into the pool) into a liquidity farm. $FER token can be further converted into a $xFER token based on the exchange rate at the time.