#112 Ferrum's Community Update - May 2023 - Ferrum DAO

Crypto at the Ferrum Roundtable

We are excited to announce the release of our Community Update Video for May 2023! 🚀 We're thrilled to share that we're introducing the Ferrum DAO, a significant step towards the decentralization of the Ferrum Network. This major milestone marks the dawn of a MASSIVE UTILITY for FRM as FRM is now a true governance token.
💥 To participate in the governance model, you need to have cFRM staked in the cFRM BSC or cFRM Arbitrum staking pools. The more cFRM you stake, the stronger your voting power - giving you more influence in shaping our network's path forward!
🤔 Remember, the Ferrum DAO requires active community involvement. We encourage you to join the conversation, vote on proposals, and play an integral part in shaping the future of Ferrum Network. Let's grow and evolve together!
Don't miss this opportunity to stay informed and engaged with the Ferrum Network! The Community Update Video is now available on our official YouTube channel. Make sure to like, share, and subscribe to stay updated on all our future developments.
💥Work at Ferrum Network: https://apply.workable.com/ferrum
Chapters
00:00 Intro
00:36 Biggest news in the last few weeks!
01:45 Why Ferrum DAO?
05:00 Eligibility to vote in the Ferrum DAO
10:00 Why was Snapshot chosen for Ferrum DAO?
11:50 Crucible's role within the Ferrum DAO
17:30 Ferrum Network's recent contribution to Snapshot's open-source repo
19:50 Ian's take on the Ferrum Network transition
Whitepaper Sessions: https://youtu.be/zlOoPR-sPO8
Read Ferrum's Whitepaper: https://docs.ferrumnetwork.io/ferrum-network-ecosystem/
Ferrum Network Community 👇
⌨️ Telegram: https://t.me/ferrum_network
🖥️ Discord: https://discord.gg/ferrum
✍️ Medium: https://medium.com/ferrumnetwork
🌐 Website: https://bit.ly/3rCfD4J
🐦 Twitter: https://twitter.com/FerrumNetwork
🎵 TikTok: https://www.tiktok.com/@ferrumnetwork
📘 Facebook: https://www.facebook.com/ferrumnetwork
Ferrum Network is a pioneer in ushering in the era of Interoperability 2.0. Powered by the Quantum Portal, Ferrum Network’s mainnet nodes and related infrastructure will bring value, data, and functional interoperability to every chain in the industry. Utilizing the Ferrum Network, anyone can build and deploy solutions on one network and instantly enable multi-chain functionality without the burden or technical debt that comes with managing a multi-chain infrastructure for their dApps, and projects.
Ferrum also specializes in multi-chain Blockchain as a Service DeFi solutions provider, adding deflationary mechanisms, token utility, and Web3 technology products to projects across the crypto space.
With the mission of breaking down barriers to mass adoption, Ferrum empowers the industry by reducing friction and bringing together startups and established networks.
#FRM #MultiSwap #Ferrum