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).
With this strategic partnership, all of Project Galaxy’s NFT partners will have a safe and decentralized home to buy, sell, and peer-to-peer swap their NFTs. In addition, the option to...
There will be a 2x $fWINGS farming pool for $UNDEAD — $FTM and a high APR $fWINGS for $UNDEAD Pilot pool enabled shortly after the IJO.
IJO Information: Date: October 26th at 5 PM...
Kyber Network’s KyberDMM DEX, DeFi’s first multi-chain dynamic market maker, has launched on the Fantom network, bringing the best token prices and enhanced liquidity to Fantom...
ArtWallet joins the rapidly growing basic Blockchain, Fantom Ecosystem, to become the ultimate part of the Fantom NFT space.
ArtWallet is a perfect product-market fit to the Fantom...
The beta will be loaded with challenges aimed at increasing recognition of the Overdrive protocol and its partners. This can be anything from “like a tweet/create a tweet” to “enter a...
Through this partnership, CFi is arrived on Fantom network with a new listing on SpookySwap DEX.
Investors can now trade and provide liquidity on the CFi-FTM pair on SpookySwap. On top of...
Users can buy $FTM on Probit with 50% Discount that will go live until October 25 at 2:00 UTC. Distribution time: October 25, 2021, 07:00 UTC
IMPORTANT
Purchase requirement: A...
CougarSwap developed Cougar Vaults for users to make as much profit as possible through providing liquidity in Yield Farming.
Vault feature, a method of protocol bootstrapping through...
FantomGO has designed a novel engagement mechanism where market participants contribute value to the project they love, to earn $FTG tokens. This is termed as ‘Participate-to-Earn’....
Syfin.art recently launched WraithSwap, an innovative AMM and yield farming protocol that works as governance and reflection for Syfin. Both parties have integrated and are now sponsoring...
Both parties are bringing 4 excellently crafted collections of NFTs, 3 collections will be given away for free.
The first of these 4 collections are the Elementals. This collection is...
PearZap team decided to lock 1.5M $PEAR tokens on Fantom to give the community more ease at heart. They minted a substantial amount of tokens pre Fantom launch because of the upcoming locked...
Users on Fantom chain can now purchase staked $TIME in the form of $wMEMO on Spirit Swap
This token benefits from their usual rebase rewards, currently 50,574% APY!
No need to stake or...
Spirit Swap will launch “Charon”, their new bot, custom built thanks to FTM bot scientist (rabTAI) and SpritSwap admin (Nzaru), who will enable loyal SPIRIT holders access to an...
Tenderly announced that they added Fantom to the list of supported assets to their platform.
Tenderly gives you an exceptional overview of blockchain data as well as a real-time notification...
This incentive program maintains minimum requirements that are different from Fantom Foundation rewards program for DeFi projects.
Requirements
Protocols are rewarded based on...
Through this partnership, SpookySwap will create a FTM-COFFIN farm on SpookySwap. Users can get BOO as reward. It is after Coffin Finance successful launch. SpookySwap will distribute some...
Fantom proposes deploying Aave v2 on the Fantom Opera blockchain to expand lending to the Fantom community and, with the provision of incentives, bootstrap the launch of Aave on a new...