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).
Users can now exchange A Late Quartet liquidity token (FTM-USDC-ETH-BTC) for BEETS using the process of bonding on Olympus Pro.
The amount of BEETS received is determined by the value of...
Fantom token holders can use their FTM to purchase items online and globally from popular retailers including Amazon, eBay, Walmart, and The Home Depot.
The deal follows Fantom’s Q4 2021...
New Dark Knight Boosted Vaults
All boosted vaults receive the underlying LP automatically compounded + $FAST rewards! Every time a vault is harvested more $FAST is bought back and burned...
This partnership started with cross-marketing actions across Telegram, Twitter, Discord and Medium, and AMAs at both groups to get the communities involved with each other projects, they...
WingSwap will be able to facilitate FanPad’s journey on creating remarkable milestones on Fantom ecosystem. Besides, WingSwap will also help FANPAD providing the best values as a...
Tarot DAO governance follows a four-step process: Pending Proposal A pending proposal can be made whenever you want to present an idea to the community. Anyone in the Tarot community is...
Their blockchain-agnostic approach helps to build the DAO ecosystem on different blockchains in an absolutely seamless way.
XDAO offers the creation of a DAO smart contract in seconds. You...
Radar is continuously facilitating the mainstream adoption process by creating true interoperability within the DeFi space to be more accommodating for retails allocators, asset managers and...
Through this partnership, users will be able to purchase insurance and have their assets in Tetu protected. Purchasing insurance can provide peace of mind for yield farming by bringing more...
This strong partnership will release the power of automated Web3 for $xLQDR holders!
Users can choose to lock their $LQDR tokens for a predetermined set of time to obtain $xLQDR — which...
EXODIA has now access to high-quality, tamper-proof price feeds needed to securely relay real-time asset prices to Chainlink’s bonding mechanisms and reliably price treasury...
Users can now deposit or withdraw mainnet FTM tokens using their Binance.US wallet. In addition to mainnet FTM token deposits and withdrawals, Binance.US offers existing deposit and...
Partnership Benefits ORK Holders
SpiritSwap poses as the cornerstone of Strudel’s protocol, so partnering with it strengthens Strudel’s position and ability to make a sizeable...
The UI for voting on all farm emissions will be live soon. Once the inSPIRIT distribution block renews, old farms will be set as inactive and emissions to all the boosted farms will...
Binance has added FTM and NEAR as collateral assets on the Binance Loans platform.
Binance Loans provides a large range of options for supported crypto assets, interest rates,...
Presale Details: Date: 15th January 2021 at 15:00 Token: 1,000,000 PROTO Price: 1FTM = 10 PROTO Max: 3k FTM = 30k PROTO
Rules:
The Presale shall be done via First Come First...
Through this partnership, SpiritSwap will integrate their superior chart feeds directly to the SpiritSwap exchange application on Kek Tools. In addition, KekTools will also be offering...
They unleashing the potential of low-slippage algorithm for pegged stablecoins such as FUSD, DAI and synthetic assets of BTC.
Liquidearn aims to optimizing the current AMM algorithm to...