The DeFi market is witnessing amazing transformations among many different networks. For the records, Fantom is one of the fastest growing ecosystems in the DeFi markets, the mission is to bring a solution of the most recent consensus mechanism to solve the problems in scalability of blockchain as of this moment, Fantom foundation performs very successful in the process of attract more users and developers results in more and more DeFi projects, communities and external teams are gradually move in a circular distributed direction to joint directly into Fantom ecosystems, typically projects like Curve, SpookySwap and Beefy Finance with Total Value Locked up to hundreds of millions of dollars with a very stable number of community members.
Sources: https://projects.fantom.network/rank-list
Up to now, accomplishing the purposes of Fantom foundation, hundreds of projects in the DeFi are already determined the growth in success development within Fantom ecosystem as they will still continue to develop even further among a number of rival ecosystems such as Solana, Terra, Avalanche.
The fact that more and more money is approaching to invest in the Fantom ecosystem shows its huge potential of Fantom network in the circumstance that are in favorable or superior competitive advantages in transaction costs, speed, and user-friendly interface. Fantom get a great known reputation of the market.
Source: https://news.cryptorank.io/top-10-tvl-on-fantom-protocol/
It is forecasted that in the upcoming Q4, 2021, there will be an explosively increase the amount of Native DeFi projects built on Fantom network as in general direction in which CougarSwap is developing, this is a great opportunity for us to participate early in the Fantom ecosystem to help expand the portfolio for users, to take full outstanding advantages of the young but potentially dominant platforms to provide liquidity for the the whole ecosystem was firmly built on BSC and POLYGON. This will be the underlying support as we see for the future of our ecosystem.
CougarSwap vision towards a multi-chain DeFi gateway attracts users through the integration with BSC, Polygon now is Fantom as a whole. We have been receiving great attention from users and investors with many impressive progresses since the very first days. The project with various features linked into well-coordinated into Fanto ecosystem is expected to thrive as many other interesting long-term development plan that will bring new opportunities for crypto investors, making bigger strides towards the mission of widespread DeFi adoption across multi-chain network in the DeFi markets.
