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).
Integrating Chainlink Price Feeds is a huge step as it provides accurate, tamper-proof price data on the FTM-USD price pair using the most time-tested oracle network in the industry. Most...
Poly Network is working together with Fantom to build the infrastructure for a more connected and efficient future where people will be able to take advantage of the technological...
Yield Parrot has chosen to launch on Fantom Network that has recently become one of the most popular chains in all the DeFi ecosystem, opening opportunities for exponential growth. General...
The MoneySpritis protocol has no VCs, instead it features a much lower minimum loan size and revenue earning token sharing platform fees between token holders and liquidity providers. The...
They are a community project built by a team of engineers, researchers, and marketing professionals who have participated in Olympus and other OHM forks. By combining the best traits of...
WingSwap is implementing a pioneer liquidity mining program to incentivize the provision of liquidity to the the following pairs: USDC – DAI
USDC – fUSDT This program will...
WingSwap is pleased and honored to welcome TITANS Ventures as their investor. TITANS Ventures, with their solid experience as well as successes in leading projects, will help WingSwap to...
Users can now easily complete Multi-Chain and On-Chain swaps on the Fantom network, directly at Rubic.exchange!
This integration will be the 6th network connected to Rubic Multi-Chain...
WanBridge for Fantom (FTM) is now live on mainnet. This is one major step for Wanchain on the way to the crosschain blueprint as they continue to enrich their growing list of well-known...
SpiritSwap are happy to announce that they have now added both Avalanche and Arbitrum to their SpiritBridge.
With these new additions, users will now be able to bridge to...
Through this partnership, both parties are launching “Song of Stable”, this new pool will be CoUSD-MIM-USDC ; establishing CoUSD as the most efficient and reliable Fantom...
ZBS CAPITAL will help WingSwap to reach their goal with financial and advisory help. From their solid experience in the space and a vast network of contacts, they will help WingSwap reach...
WingSwap has successfully completed and pass full the security assessment with no critical vulnerabilities. Code Review and Auditing Process
The official security assessment was published...
Through this partnership, Verichains will taking care of blockchain security & auditing for WingSwap just as they have done for highest ranking customers.
Verichains...
Through this partnership, Mai Finance will be launching its initial Fantom DEX liquidity through SpookySwap’s DEX.
Users will be able to borrow stablecoins without having to sell crypto...
According to the thorough security analysis conducted by SlowMist, FantomStarter’s Fantom-based smart contracts do not have any critical or major issues. The SlowMist team has suggested...
Astronaut is proud to announce their next IDO for Fantomnomics taking place on November 18th 2021 at 3pm UTC!
IDO Information: COUNTDOWN:...
MysteryX.DAO borrows the tokenomics from OlympusDAO. Each $MYX is backed by $1 DAI (more types of reserve are on the way).
Tokens cannot be minted or burned by anyone except the...