Fantom Crypto News
What is Fantom crypto?
Fantom is a smart contract platform that uses a directed acyclic graph (DAG) rather than a blockchain to support a network aiming at maximizing speed and scalability.
Fantom is a Layer 1 project that uses a single consensus layer to support the creation of multiple execution chains. FTM, the project’s native token, is for payments, governance, and ongoing block rewards sent to validators and delegators who stake FTM. The network’s independent consensus layer, called Lachesis, features a novel consensus mechanism developed by the Fantom Foundation dubbed the “Lachesis Protocol.”
How does Fantom work?
Fantom’s components are modules that can be linked together by dApp developers. All of the platform’s components have stand-alone utilities as well as integration links. They allow clicking together into applications on the Fantom smart contract platform at a low cost. These modules include data storage, computation power, consensus mechanism, and more.
Fantom is a full-service blockchain platform that provides the resources required to develop dApps. Fantom provides an easy-to-use interface for developers, so they don’t have to build their own blockchain or develop custom code. And Fantom uses multi-party computing to ensure transactions are performed reliably and instantly.
Fantom Network helps developers by eliminating the trade-offs of traditional blockchain platforms. With the main purpose to create high-performance applications that meet all of their goals.
Where to buy Fantom crypto?
On the official website of Fantom Foundation, you can find a full list of the exchanges that support FTM.
How to add Fantom to Metamask?
To add Fantom to MetaMask, you need to log in to your MetaMask wallet and add a new network.
In the network fields, you need to enter Fantom’s network name, RPC URL, chain ID, symbol, and blockchain explorer URL.
You can get this information on the Fantom docs website.
The network that you want to use is the Fantom Opera network (Fantom mainnet).
After you’ve added the Fantom network to MetaMask, you’ll be able to send and receive FTM tokens.
Is FTM a good investment?
The Fantom Network is a next-generation, highly scalable blockchain platform. It uses a bespoke variety of proof-of-stake algorithms to provide services and secure its network. FTM is also using as a governance token.
We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Fantom has become the pilot partner for Orion Wallet Swap SDK, enabling users access to endless cross-chain liquidity directly from their Fantom wallet.
Moreover, chain-agnostic Orion will...
Bkex announced that they listed $TOMB to their platform and opens $TOMB/USDT Pair. Deposit and Trading function is now opened. Trading pair: TOMB/USDT
Token type: FTM
Opening time of...
Matcha users can access token assets in the Fantom ecosystem which is built on the Opera Network, a network of blockchains that’s interoperable with Ethereum that provides fast, secure,...
Bkex announced that they listed SpookySwap to their platform and opens $BOO/USDT trading pair. Deposit and Trading function are now opened. Trading pair: BOO/USDT
Token type: FTM
Opening...
Phase 2 of PreSale is now live! Users must finished the steps in order to be whitelisted.
To participate, you must: You need to prove your identity before 31th October — Fractal...
Trava held its first token burn this week, removing 250,000,000 $TRAVA tokens from the ecosystem on Binance Smart Chain network and minting 250,000,000 $TRAVA on Fantom Network.
Following...
0x API is live on Fantom, aggregating liquidity across all existing sources – including Curve, SushiSwap, SpiritSwap, and SpookySwap.
The 0x API is designed to make it easy for DeFi...
The Pool Composer allows you to create your own automatically rebalancing index fund Select 2-8 of your favorite tokens
Weight them to match your desired exposure
Earn swap fees while you...
Through this partnership, Pearzap deployed 2 staking pools and cross channel AMAs that will go live soon. Stay tuned. Stake $PEAR to earn $TREEB
Stake $TREEB to earn...
Through this partnership, FantomStarter will further their vision of being the premier multi-chain launchpad on Fantom Opera.
Why Ankr?
As the multi-chain API/rpc provider for many...
Flash Loan:
Flash Loan is an underlying feature that every public chain should have. Mensa Protocol provides the foundational programmable flash loan service for Fantom.
As a #BuildonOpera...
SpookySwap NFT series, Magicats, will mint 5000 generative NFTs utilizing over 125 unique art assets. The increase in the number of unique art assets compared to existing popular generative...
Summit Defi use SpookySwap to form their initial SUMMIT-FTM LP after their launch on Sunday 24 October.
Upon completion of their launch, SpookySwap will whitelist the SUMMIT token making it...
Yoshi created the first closed-cycle united Fantom payment system which facilitates entry threshold to Fantom ecosystem for newcomers and to simplify user experience for the current...
The lottery vault is implemented with a 3% buyback used to burn $SING tokens. This opens up a brand new avenue for Singular farm to support and grow the floor price of $SING.
This burn...
To celebrate the launch of yield-farming on Fantom, Dfyn will also be launching a liquidity mining program on our newly supported network! Users can migrate their liquidity and deposit into...
With the integration of Fantom Blockchain on the SWFT Blockchain’s platform, users can buy FTM on Fantom with their assets on other blockchains. SWFT Blockchain currently supports over 300...
The second liquidity mining program on SpiritSwap is now live, rewarding borrowers from the lending pools with 200,000 SPIRIT tokens, initially during 31 days.
SpiritSwap decided to...