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.


Sturdy: A Special Lending Protocol on the Fantom Blockchain

24 Apr 2022 2 minute read 0 comments 2sats

*obligatory not financial advice*   What is Sturdy? Sturdy is a lending protocol on the Fantom Blockchain that uses the borrower’s collateral to create a yield for the lenders. If you want to take a loan on Study, then you have to provide a collatera...

The cryptos I'm buying for the coming bull run

19 Apr 2022 2 minute read 0 comments Jack216

The cryptos I'm buying for the coming bull run In today's blog, I wanted to cover some crypto that I'm excited about. All of these cryptos I have bought and stored away. I'm even staking some of my newly bought coins to start making more money. I do...

DeFi for Noobs.

18 Apr 2022 2 minute read 8 comments Dzoelx

  Source If you live in the crypto space for a day, the acronym ‘DeFi’ comes your way almost twice per hour. No doubt, my statistics is right…or very close to it. The crypto space is a very dynamic environment and everything moves so...

FTM, BNB, LINK and BTC | Chart Analysis | The Best Time to Invest | 18 APR

18 Apr 2022 1 minute read 1 comment Joao16

For more content like this tip me if you can! thank u :)     BTC Analysis BTC is trying to breakk EMA500, but still above 37.5K. If in the next days it breaks that support it's the confirmation of the breakout to the downside which means it could go...

Fantom Defi Degen Play: BTC-ETH Autocompounder and Earn 677% APY on Beluga Finance

15 Apr 2022 4 minute read 1 comment Charles Gune

I will show you how to do a Fantom Defi degen Play with BTC-ETH Autocompounder and Earn 677% APY on Beluga Finance. Beluga.fi is an innovative yield optimizer on Fantom and Polygon that aims to bring you the best yield farming strategies that give y...

Top 5 Fantom DeFi Platforms in April 2022

15 Apr 2022 1 minute read 0 comments S1mple Finance

What is DeFi? DeFi stands for decentralized finance. The first decentralized finance platforms have launched on Ethereum blockchain few years ago. Now, DeFi platforms are built and operate on more than 10 blockchain networks. Today, we are going to t...

Fantom Defi Degen: AlgoStable Coin MVDOLLAR-USDC Staking on MVFinance for 610% APY

14 Apr 2022 2 minute read 0 comments Charles Gune

​ MiniVerse Finance is an algorithmic stable coin protocol pegged 1:1 to USDC on Fantom. Inspired by previous algorithmic stable protocols such as Basis Cash and Tomb Finance. Much like Tomb our protocol uses three tokens (MvDOLLAR, MSHARE, MvBOND) t...

Beethoven X

13 Apr 2022 1 minute read 0 comments Marekiaro

    Beethoven X enables secure and efficient - high speed, low cost - trading. Start trading immediately, no registration required. Just connect your wallet and you’re good to go.               Built on Balancer V2, Beethoven X is the first next-ge...

Fantom DeFi #3 - Exploring Spirit Swap: the DEX cooler than Casper!

13 Apr 2022 3 minute read 13 comments PVMihalache

I recently started exploring the Fantom chain and using Spirit Swap for all of my DeFi experiences. I grew quite fond of Spirit Swap and had to share my experience. I was impressed since day one, when I discovered the suite of tools available on the...

How to use the Fantom network in Metamask

13 Apr 2022 1 minute read 3 comments The Crypto Crazy

It's no news that blockchain networks capable of running smart contracts are the most requested in the cryptocurrency market. In this sense, the Ethereum network is still the most used in this field. However, new networks have gained more and more sp...