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).
KiloEX Integrates LIFI Widget, users can seamlessly bridge and swap any existing assets from any chain and receive USDT, the collateral needed to place trades directly on Binance Smart Chain...
DIA Partnership with DAM Finance, Pioneering the first-of-its-kind price oracle for the omnichain stablecoin, d2o, bolstering its utility and enabling seamless integration across the...
1inch Partnership with Lighter, a platform building a secure, fast, and cheap financial applications, starting with a limit order book exchange that achieves market efficiency and price...
Uquid Collaboration with EchoDex, the first decentralized exchange built on the Linea Consensys network, upcoming listing of the Uquid DApp on the EchoDEX mainnet.
Uquid is a pioneering...
Shapeshift Integrates LIFI’s SDK, users can seamlessly bridge and swap their assets across six leading blockchain networks in just a few clicks.
With the integration of LI.FI’s SDK users...
Maverick Ecosystem Incentive Program, designed to incentivize activities and contributions that advance the development of the Maverick ecosystem.
Within the first 100 days of their launch...
LIFI Collaboration with MagicFox, users can seamlessly move their assets across 17 EVM-compatible chains and Layer-2s in just a few clicks without leaving the site.
LIFI is thrilled to...
Connext Collaboration with OptyFi, a powerful AI Engine scans thousands of liquidity pools across multiple chains.
Consider, for instance, a user seeking to maximize yield on a liquid staked...
O3 Swap Launches on Neo, introduces the fUSDT liquidity pool and aggregates the liquidity from Flamingo Finance, the leading DEX on Neo.
This launch facilitates seamless token swaps between...
Thirdfi Joins Chainlink BUILD, with added benefits of priority support from the Chainlink ecosystem, increased access to dApps aiming to make DeFi more accessible, and stronger incentive...
DIA Oracle Gasdrop, a proposal is designed to support the development of new DeFi use cases in the Arbitrum ecosystem by providing grants to fund the gas required to operate oracles on...
Subquery Partnership with White Whale, an Interchain Liquidity Solutions protocol that creates a unifying hub for a token’s liquidity.
White Whale use SubQuery to index many Cosmos...
LIFI Integration with Extra Finance, users can move their existing assets from 17+ EVM-compatible chains directly into Optimism to start earning yields without the need to leave the...
AlephZero Nodes now on Onfinality, OnFinality will provide a one-click node solution for builders to join and help scale the network faster than ever!
OnFinality, a multi-chain...
Mummy Finance Launches The Trollbox, a self-developed chat room or messaging platform where users can engage in discussions, often anonymously, where users may discuss topics in real time,...
Subquery Partnership with Comdex, DeFi infrastructure layer for the Cosmos ecosystem, creating an ecosystem of interoperable solutions.
Comdex developers will benefit from the superior...
Bounce Finance Integration with Fantom, users will benefit from nearly instant transaction speeds, minimal transaction fees, and top-notch security.
This will represents a crucial...
Onfinality Partnership with Equilibrium, empowers web3 builders to rapidly deploy and manage Equilibrium blockchain nodes via its one-click node solution.
Multi-Cloud Deployment of...