Ferro Protocol
Ferro Tokens
Introducing $FER and $xFER

Ferro Protocol Tokens ($FER and $xFER) are CRC-20 Tokens native to the Cronos Chain

Ferro runs on the Cronos blockchain, which supports two types of tokens:
  1. 1.
    Native CRO tokens for gas transaction fees
    • You will need CRO tokens to pay all the transaction fees (gas) on Ferro and other applications in the Cronos ecosystem
  2. 2.
    CRC-20 tokens for trading
    • CRC-20 is a token protocol closely resembling Ethereum's ERC-20 for interoperability
    • Except for Native CRO, all other tokens are CRC-20 tokens
    • Tokens native to other blockchains are wrapped into CRC-20 tokens (eg. WBTC, USDC, ETH) to be operable on the Cronos blockchain
    • Both $FER and $xFER in our protocol are CRC-20 tokens
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