Ferro

Ferro Protocol (FER) presents a stark dichotomy between a technically secure foundation and severe operational stagnation. The project achieves a weighted score of 4.43, primarily buoyed by its strong 'Security and Audit History' (8/10) and decent 'Tokenomics' (6.5/10), which features a functional revenue-sharing model via xFER. However, these positives are overshadowed by critical failings in growth drivers. The project is effectively in a 'zombie' state, with 'Active Development' scoring a negligible 1/10 due to a lack of public code activity in 2024-2025, and 'Community Support' falling to 2/10 as engagement has evaporated. While Ferro remains a functional StableSwap AMM on Cronos with roughly $8M TVL, it has lost market share to competitors like VVS Finance and lacks the engineering velocity or governance participation to reverse its decline. Without a revival in development or community interest, it remains a decaying asset despite its secure codebase.