Ferro Protocol
  • Ferro Protocol
  • Getting Started
    • Tokens on Ferro
    • Bridging Funds to Cronos
    • Connecting a Wallet
  • Litepaper
  • Essentials
    • Whitepaper
      • Protocol Overview
      • Key Functionalities
      • Tokenomics
    • Protocol Roadmap
    • Get Involved
  • User Guides
    • Ferro Swap
      • Swap Tokens
    • Ferro Pools
      • Our Partners
      • Provide Liquidity
      • Remove Liquidity
      • Stake/Unstake Liquidity
      • Claim $FER Rewards from Staked LP
    • Ferro Stake
      • Stake $FER for $xFER
      • Unstake $xFER for $FER
      • Lock $xFER into Vaults
      • Claim $FER Rewards from Locked $xFER
    • Pool Boost
      • Get Boost Power
        • 1. Stake xFER into Vaults
        • 2.Stake Cronos Cruisers NFT (Optional)
        • 3. Unstake/Change NFTs
      • Boost Liquidity Pools
      • Change Pool Selection
      • Pool Boost Calculator
  • Support & Help
    • FAQ
    • Troubleshooting
  • Fundamentals
    • The Ferro Team
    • Cronos Labs Incubation
    • What Is an AMM Protocol
    • What Is Impermanent Loss
    • Team Wallets
    • Token Supported
    • Smart Contracts
    • Security
    • Risk Disclosures
  • Developer Resources
    • GitHub
    • SDKs
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  • Supported Tokens
  • Liquidity Pool Pairs Involving CRO
  1. Getting Started

Tokens on Ferro

PreviousGetting StartedNextBridging Funds to Cronos

Last updated 2 years ago

Supported Tokens

Ferro runs on the Cronos blockchain, which supports two types of tokens:

  1. Native CRO tokens for transaction fees

    • You will need CRO tokens to pay all the transaction fees (gas) on Ferro and other applications in the Cronos ecosystem

  2. CRC-20 tokens for trading and forming pool pairs

    • 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

Liquidity Pool Pairs Involving CRO

Liquidity Pool Pairs need to be formed by 2 or more CRC-20 tokens.

Some liquidity pool pairs may involve CRO, such as our LCRO-CRO pool in collaboration with Veno Finance. In this case, users will still be able to interact with the pool using CRO directly, as our protocol will wrap to WCRO/unwrap from WCRO for our users:

  • Add liquidity: The deposited CRO will be wrapped into WCRO and added to the pool.

  • Remove liquidity: WCRO will be withdrawn from the pool and unwrapped into CRO before depositing in your wallet

  • Swap: Swapping between LCRO and CRO will involve wrapping/unwrapping before the swapping is executed.

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