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).
DeNet Partnership with SpookySwap, a decentralized exchange on the Fantom network providing the best user experience in Defi.
The Partnership
DeNet and SpookySwap are collaborating to...
TankWarsZone Building on ReefChain, to enhance the gaming experience of the Tank Wars Zone community with fast transactions, high throughputs, and more.
Tank Wars Zone x Reef
This strategic...
ChainPort to Support Fantom Native Tokens, tokens initially launched on Fantom’s ecosystem can now be easily ported cross chain using ChainPort.
By adding native Fantom token support,...
NevDex Partnership with Celer Network, NevDEX will be listing Celer cBridge stable coin USDC & USDT to the trading pairs to provide users with more choices when trading at their...
Tin Network Integrates Sharkswap & SXNetwork, Tin Network provides a simple dashboard for DeFi — easily track and visualize all your DeFi assets and liabilities in one simple...
Unbound Live on Fantom Mainnet, the launch will effectively expose Unbound users to Fantom’s accessibility, security, minimal fees and near-instantaneous transactions.
Through this...
Multichain Integrates with Godwoken, this enables five assets including USDT, USDC, WBTC, ETH, and DAI to transfer across Godwoken and the other 11 chains.
The inclusion of additional...
DeFi Notifications Supports Single Finance, a protocol on Cronos, Fantom and Polygon that facilitates DeFi strategies, farming, leverage, and lending all in one place.
Single Finance users...
Sushi is coming to BobaNetwork, the Sushi team will begin with Legacy Swap (the original, pre-Trident AMM), which will quickly be followed by the Kashi margin lending platform, Bento Box...
Blockpour Integrates Chainlink Price Feeds, providing users with stronger assurances about the accuracy of Blockpour metrics, enabling them to have more confidence in the alpha they discover...
Raiders NFT Integration with Chainlink VRF and Keepers, they are able to insert verifiable randomness into Lestari’s gameplay mechanics to provide players with more exciting and...
Umbria’s Oracle System, Umbria Network enables anyone to migrate cryptocurrency assets across chain cheaply and quickly via its Narni bridge.
In the Web3 space, oracles connect blockchains...
Integrating Umbria’s Narni Bridge Widget, the Bridge Widget V2 enables partners of Umbria to earn 0.1% of all bridging volume that comes through their widget.
The Bridge Widget V2 is an...
Firebird Governance Now Live on Fantom, Firebird Finance is a multi-chain DEX aggregator to offer cash-back on swaps while being equipped with industry-leading swap technology.
Starting now,...
KardiaChain Partnership with Dapp PlayStore, dApp Play Store is the central hub for all web3 apps that utilizes the decentralized infrastructure for software storage and scalability.
Dapp...
Omnisea Partnership with Router Protocol, Omnisea will integrate Router’s CrossTalk — An extensible interoperability framework enabling users to build truly cross-chain...
Metastocks Integration with Chainlink, they integrated Chainlink Price Feeds, VRF and Keepers on Avalanche, BNB Chain, Fantom, and Polygon mainnets.
As Metastocks Integration with Chainlink....
Hats Finance Partnership with Solace, allowing more projects to create decentralized bug bounties while receiving insurance coverage.
Hats will onboard new bug bounty vaults of projects...