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 integration, EverRise has access to high-quality, tamper-proof price feeds that supports the following functionalities: Calculating cross-chain gas fees
Providing users real-time...
As soon as the ONINO-Fantom-Bridge development has been completed, users will be able to transfer your ONI token from the Binance Smart Chain to the Fantom Chain and vice versa. This way,...
IDO Details Pricing: $20 per token for Whitelist Sale / $25 per token for Public Sale Supply and Allocation: Initial Circulation Supply: 60,500 $MAGIC Whitelist IDO:...
With Orca’s assistance, Allbridge are enabling the first FTM and CELO transfers to Solana. This allows them to create two new pools, completely exclusive to the users of their...
Using Stader Labs’ solutions, Fantom stakers will be able to collateralize their staked FTM to mint liquid staking tokens usable across the network.
This means, for example, that FTM...
Dark Knight will operate the following pools: Stake dKnight -> Earn MP
Stake wsMP* -> Earn dKnight
Stake MP/FTM LP -> Earn dKnight * wsMP = wrapped staking receipt token The...
When users buy $FFC on Fantom network, they farm and invest on multiple chains and return the profits to $FFC holders.
Fantom Floaty Capital: Each $FFC Token represents a share in...
Gremlin will enable users to borrow and lend tokens directly on its platform with low fees due to the high-scalability of the Fantom Network.
Gremlin Finance is a decentralized lending...
Launch Timeline Tuesday 15th Feb, 7am UTC Users can start depositing FTM and USDC on Lend page
Users can start staking ibUSDC and ibFTM on Stake page Tuesday 15th Feb, 8am...
ZenLedger software supports the following transaction types on Fantom: Liquidity Pool
Staking
Zap
Farm
Swap/Trade
Borrow
Repayment
Claim Reward
Bridge
Fantom
Fantom is a Layer-1...
CryptoKek offers the extensive market data and charting tools that novice and advanced traders need for technical analysis and market tracking.
What is CryptoKek?
Kek.tools is a...
The $MAGIK’S algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Opera network.
The protocol’s...
Users can now track or monitor their funds through different platforms like SpookySwap, Sushiswap and many more. In addition, $WATCH is now already available on Fantom where users can...
AutoAmplify is their brand new partnership programme for onboarding new protocols that wish to benefit from Autofarm’s established reach and pedigree in the DeFi space built up across our...
Solidex and Grapes Finance have agreed to merge as equals in order to consolidate efforts and create synergies across product, trading volume, TVL, partners, and NFTs.
Grapes online presence...
GTON Capital (or GC) is a decentralized autonomous organization (🏛 DAO) that builds an ecosystem of products and decentralized, community-owned infrastructure for advanced digital capital...
0xDAO was created to combat the emergence of short-term veDAOs designed to steal liquidity from dedicated Fantom builders.
0xDAO is being launched by founders from some of the...
Through this partnership, Yield Parrot will deploy a $5TABLE LP auto-compounding vault, with $fLORY added to the rewards.
As part of this amazing partnership Yield Parrot will send some...