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).
RoboVault Upgrades to Chainlink Keepers — RoboVault has upgraded its smart contract automation solution to Chainlink Keepers on Avalanche mainnet and will be integrating this solution on...
The Piece Partnership with Lossless — to use Lossless as their security solution and is building their product on Fantom.
The Piece is an easy-to-use marketplace platform that democratizes...
Fantom Integrates Chainlink Keepers & VRF — giving developers access to high-quality price data to power a variety of DeFi applications.
Fantom remains committed to bringing...
RiskHarbor CoreV2 Live on Fantom — this solves the problem of insufficient underwriting capital using vaults.
Blockchain-based risk management protocols are heavily constrained by a...
Single Finance live on Fantom to bring everyone a brand new experience of yield farming with all their unique features!
Based on the huge demand from their #Single community, they are...
DeBridge Now Supports Fantom Network, developers can now start using deBridge to power secure, seamless cross-chain experiences between Fantom and all supported chains.
Currently the...
Wirex Teamed up with Multibanco to make buying crypto in the Wirex Wallet easier than ever.
Users can now make instant EUR payments in-app from 27+ renowned banks, using a credit or debit...
Woo Network Integrates LayerZero Labs to let users swap native tokens from chain to chain in one click.
WOOFi has long been a trend-setter for active liquidity on chain — aiming for...
SpookySwap Magicats Staking is now live! MP is awarded for each asset in the Magicat NFT, with rarer assets being worth additional MP.
To get started, navigate to the Stake BOO page of the...
Rift Vaults Launching Soon on Fantom, Origin and Aurora to deepen liquidity for their DAO governance tokens on Ethereum.
The FTM, OGN, and AURORA Vaults will open for ETH deposits from the...
Celer cBridge now on imToken — The latest addition in Celer collection of Layer 2 bridges uses a State Guarding Network to guarantee safe bridging.
Built on top of the Celer Inter-chain...
Apple and Google Pay on Wirex Wallet — Use it to add your choice of tokens to your wallet in a matter of minutes.
Buying crypto in the Wirex Wallet just got quicker, easier and more...
Premia now supports Fantom to implement their initial cross-chain bridge aggregator.
The Ethereum ecosystem is quickly becoming further cross-chain and multi-chain compatible. As such,...
Tortle Ninja Private Beta Testing — 500 Private Beta Test Spots up for grabs!
Tortle enables users to create combinations of DeFi operations and triggering them when certain conditions are...
Midas Vault on Beefy Finance — MIDAS-FTM pool on SpiritSwap has been added by Beefy Finance to their active vaults!
Users can now enjoy another way to earn extra bucks. This pool is a big...
Zerion Wallet Supports Fantom Network where you can get the best rates on trades across all major DEXes.
Available on iOS and Android, Zerion Wallet is a smart, social wallet for Web3 that...
Multichain now supports Fantom Network for cross-chain transfers of fUSDT and USDC.
Multichain now supports Fantom Network USDC and fUSDT for interconnection between Fantom and the other 9...
AlpacaFinance Removing TOMB Farms such as TOMB-FTM and TSHARE-FTM from their Fantom platform.
The primary reason is that the Tomb Finance team has launched their own DEX, and as a result,...