Fantom (FTM)

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Fantom (FTM) is a cryptocurrency made by Ahn Byung Ik in 2018. It is a Directed Acyclic Graph (DAG) based Smart Contract platform that aims to build the next IT infrastructure backbone for Smart Cities. The Fantom DAG platform is based on the Lachesis Protocol but is further optimized by introducing a permissionless network – the Fantom OPERA Chain – for dynamic participation.

Differing from blockchain, Fantom is a DAG-based distributed ledger technology stack that aims to solve the scalability issues of today’s distributed ledgers. The project is incorporating new methods of scalability combined with a high-performance virtual machine to safely and securely execute smart contracts. 

Fantom’s tagline is “The Nervous System for Smart Cities”. With this in mind, Fantom aims to innovate and provide IT infrastructure in the following sectors: public utilities, smart living, healthcare, education, traffic management, resource management, and environmental sustainability. The Fantom DAG platform intends on innovating these sectors by creating an interoperable ecosystem which allows real-time transactions and data sharing with low cost. Additionally, Fantom intends making all transaction bodies around the world compatible between each other by using fast DAG technology that can be deployed at scale in the real world.

The Fantom (FTM) token has a maximum supply of 3,175,000,000 FTM, a total supply of 1,987,133,655 FTM, and a circulating supply of 1,813,658,595 FTM. The Fantom platform has adopted an inflationary model to expand the ecosystem with an initial 5% annual inflation rate. The rate is said to decrease as more users join the network and 20% of total inflation is intended to be used for rewards and incentives for Fantom platform users. As for the token distribution, 40% of tokens were sold in the ICO, 30% are reserved for market development, 15% were distributed to advisors and contributors, and 15% is held by the Fantom team and founders.

SpiritSwap V2 Review

13 Aug 2022 5 minute read 2 comments paragism

Fantom has posted extraordinary growth in DeFi TVL in the last year and SpiritSwap is one of the most successful projects on Fantom. With its focus on providing a seamless user experience and friendly interface, the DEX quickly became a go-to investm...

What is Statera?

16 Feb 2022 4 minute read 192 comments STATERA PROJECT

Statera (comprising the STA & wSTA tokens) is an Indexed Deflationary Ecosystem, powered by a smart contract. Every transaction using STA has a burn effect - 1% of the transaction is burnt, forever. If you send 100 tokens to a friend, they only recei...

Cryptos I plan on buying

27 Jul 2022 3 minute read 1 comment Jack216

Cryptos I plan on buying In today's article I'm going to cover the cryptocurrencies I plan on buying. If you want to know when I plan on catching the bottom and start buying then you can read my previous article. I'm going to explain why exactly I pl...

Market Overview & Trending Coin of The Day | 21st July 2022

21 Jul 2022 4 minute read 0 comments CryptoManthan

As we all know what struck the cryptocurrency market today, is already discussed in my previous post so if you are interested in getting to know more about Tesla's sell-off of Bitcoin then you should check my article Tesla's Balance Sheet Shows That...

Publish0x Launches Fantom Network Integration - Starting with Statera $STA Tipping

16 Feb 2022 4 minute read 132 comments Dan Bainbridge

Today I'm super excited to announce our foray into Fantom network. Our on-chain transactions on the Ethereum network have been crippling us for a long time. Fantom will allow us to give more of the value to our community and avoid huge gas fees, whil...

Bungee: The 1Inch or Paraswap of Seamless Cross-Chain Bridge Between Polygon, Optimism, BSC, Fantom, Arbitrum, Avalanche, Aurora and Gnosis

1 Aug 2022 3 minute read 0 comments Charles Gune

Have you ever bridge tokens to no where? Allow me to explain. What is Bungee?I used Anyswap/ Multichain and Warmhole or portal brigdes. I notice very popular multichain bridge, it lets you swap most top tier tokens from one chain to other without an...

Learn more about FANTOM (FTM)

19 Jul 2022 1 minute read 2 comments ELLIPAL

  FANTOM is a Directed Acrylic Graph (DAG) based smart contract platform for DAPPs. Fantom was created to solve the issue of long transaction times evident in blockchains like Bitcoin and Ethereum. With ELLIPAL's newest update 3.5.0, ELLIPAL users wi...

How to Use AAVE V3 on Fantom, Polygon, Avalanche, Optimism, Harmony and Arbitrum Chains with Very Low Gas Fees

22 Jul 2022 6 minute read 7 comments Charles Gune

What is AAVE?Aave is a decentralized non-custodial liquidity market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overco...

Hector Network - How to 4,4 with deflationary token HEC and the TOR stablecoin

26 Jul 2022 9 minute read 1 comment DrRice

As usual, skip to the TLDR section if you just want to learn about the tokenomics of HEC and TOR. Intro Hector Finance, now rebranded to Hector Network is a really interesting and fast-moving project on the Fantom chain. Initially, it started out as...

What Can Stop Fantom (FTM) After Breaking Out This Big Channel

21 Jul 2022 1 minute read 0 comments moon333

  Hi friends hope you are well, and welcome to the new update on FTM. Since March 2022, Fantom was moving in a down channel and recently it has broken out this channel and reached a strong resistance of $0.35. If it will be completely rejected by $0...