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).
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Axelar Brings Cross-Chain Swaps to Fantom, Axelar network is a blockchain that connects blockchains, enabling universal Web3 interoperability. The blockchain universe contains dozens of...
1inch incentivizes Unicorn Power delegation, aims to incentivize the delegation of 1INCH stakers’ Unicorn Power to resolvers. 10 mln 1INCH tokens allocated to incentivize stakers’...
DIA Partnership with Algem, a native liquid staking DeFi dApp on top of Astar Network offering new ways for ASTR users and holders to earn more. They partnered to launch a price oracle for...
Multichain anyCall V7 enabling the business logic implemented by different smart contracts on different chains to be linked through anyCall. anyCall is a new generation of cross-chain...
1inch Partnership with Beefy Finance, a Decentralized, Multichain Yield Optimizer that allows its users to earn compound interest on their crypto holdings ZAP in from any asset The first...
PenguinKarts Strategic Acquisition with VEMP Studios, a collective of investment initiatives comprising VEMP Studios, VEMP Ventures, VEMP Trading & VEMP Guilds. The ecosystem (exc. VEMP...
CoinBrain Now Supports Fantom, CoinBrain is the next-gen analytics platform for crypto traders that combines traditional and alternative data to help you to identify the hidden gems on the...
Planetsomewhere Integration with LIFI Widget, Planetsomewhere, a planetary metaverse simulator powered by blockchain technology. Users can now bridge and swap their assets across 16...
Tortle Ninja Indexed Farming Funds, Tortle Ninja is a no-code decentralized financial tool built to enable retail investors. Investing in crypto is not easy, volatility sometimes plays...
Wirex X-Accounts Plus, offering an easy way to earn passive income of up to 20% APR on crypto and fiat funds. X-Accounts Plus is a new feature offering users the choice to earn higher...
imToken Integration with OKC, OKC now supported on both IOS and Android users. imToken is a non-custodial wallet that lets users handle assets with complete control. What’s New for imToken...
OneRing Integration with Velodrome, OneRing bridged their native $RING token to the Ethereum layer 2 scaling solution. With $RING successfully deployed on Optimism, the community can now...
Alpaca Finance 2.0 which represents a major upgrade to their protocol’s core functionalities: lending and leveraged yield farming.  Though these products have served athe community well...
Orbs Network – Orbs Lambda, an event driven, serverless and decentralized cloud function, similar in concept to AWS Lambda – only decentralized. Cloud functions are implemented...
Makx Protocol – all-in-one DeFi protocol, allows users to freely create their own token and launch sales within the infrastructure. Built for cross-chain for token launchpads, airdrop...
Solidly Partnership with Beefy Finance, Solidly allows low cost, near 0 slippage trades on uncorrelated or tightly correlated assets built on Ethereum. Beefy automatically maximizes the...
MMYBlitz Trading Contest. this will have two leaderboard categories. The aim is to give traders of all portfolio sizes a fair chance to win big.  Highest ROI (%) ROI (%) is defined...
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