ZT supports the main chain charge and withdrawal of FTM

By ZT Global | Blockchain views | 6 Sep 2021

ZT support the ecological development of Fantom.

Recently, Yearn (YFI) founder Andre Cronje (AC) has repeatedly posted content related to the Fantom public chain in his Twitter. At least 5 of the Twitter contents released on August 30 are related to Fantom. He publicly expressed his support for its ecological development. In addition, on Fantom's official website, AC also appeared in the team member introduction as Fantom's "Chief DeFi Architect".

The rise of FTM is not only due to the celebrity effect of AC, but more importantly, the ecological incentive plan recently announced by the Fantom Foundation. On August 30, the Fantom Foundation stated that it would invest 370 million FTMs to encourage ecological development, and funds worth nearly US$260 million will be used to reward ecological applications with a locked-up volume (TVL) of more than US$200 million.

Will FTM (Fantom) be the next SOL (SOLANA)? 24e04138335b0a38cc37e5c6625825ddf5b529a20502f23da26ba1e101f3fd1d.png

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ZT, a global crypto exchange platform which aims to provide the best users' experience，and it's invested by SOFTBANK.

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According to Viewblock data, the number of transfers on the blockchain storage protocol Arweave continued to hit a new all time high on August 14, reaching 111,764 transactions, a 28% increase from the previous historical high of 87,314 transactions on August 11. A sharp increase of more than 100% compared to the 225,400 on-chain transfers last week, setting a weekly record. Today, AR has the highest increase on ZT exchange which is more than 40%, and the value of AR is still undervalued.