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Fantom: FTM Deep Dive!! Serious Potential?? 💎

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0:00 Intro
1:59 What’s Fantom?
4:25 How Does Fantom Work?
6:27 Fantom Staking
8:30 Fantom DeFi
10:25 FTM Tokenomics
12:04 FTM Worth Evaluation
14:12 Fantom Updates
17:00 Fantom Roadmap
19:13 Conclusion


⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️

► Fantom Defined:
► Yearn Finance Defined:
► Fantom Internet Pockets:
► Fantom Metamask Set Up:
► Fantom Blockchain Explorer:
► Fantom Updates (Weblog):


👻What Is Fantom?👻

Fantom was based in early 2018 by Ahn Byung Ik. that Fantom is extra often related to Andre Cronje, the well-known South Africa DeFi developer who created the yearn.finance protocol

At first, Fantom’s focus was to create a cryptocurrency that may be appropriate for sensible cities. To that finish, Fantom touted it’s theoretical velocity of 300 thousand transactions per second

At the moment, Fantom has turned its focus to DeFi and enterprise options relating to provide chain monitoring healthcare, tokenized belongings, and naturally, CBDCs

👨‍🏫How Does Fantom Work?👨‍🏫

As a substitute of a blockchain, Fantom makes use of one thing known as a directed acyclic graph or DAG for brief

This can be a sort of distributed ledger expertise that permits any pc related to the community to course of transactions in parallel

This arrange makes it potential for Fantom to course of ‘1000’s of transactions per second.’ This can be a far cry from the 300k TPS the workforce initially promised

⛓Fantom Staking⛓

Validator nodes on Fantom should put down a minimal stake of 1 million FTM. Delegators solely must put down 1 FTM and delegation is definitely executed via Fantom’s net pockets

Fantom staking rewards for validators and delegators depend upon how lengthy they lock up their FTM for. This may be wherever from a day to 1 12 months

💱Fantom DeFi💱

Fantom technically has two DeFi ecosystems. The primary is Fantom Finance, and it’s designed to be a one cease store for every thing DeFi

It options artificial belongings that may be purchased and offered utilizing fUSD, an artificial stablecoin that may be minted utilizing FTM or staked FTM

Clearly, Fantom Finance has it’s limits, which is why Fantom has a second DeFi ecosystem consisting of among the hottest Ethereum DeFi protocols similar to Sushiswap and Curve Finance

💸FTM Tokenomics💸

FTM is Fantom’s native token. FTM used for staking, governance, community charges, and as collateral to make use of the Fantom Finance ecosystem

FTM additionally exists as an ERC-20 token on Ethereum and as a BEP2 and BEP20 token on the Binance Chain and Binance Good Chain respectively

FTM’s complete provide throughout all chains is 3.175 billion. That is FTM’s most provide, and all FTM tokens have been minted when the Fantom mainnet launched in December 2019

📈FTM Worth Evaluation📈

Regardless that FTM’s value appears to be like fairly dismal in the intervening time, its one of many few cryptocurrencies available on the market that’s absolutely useful. It additionally checks all of the containers when it comes to tokenomics

With a market cap of simply 600 million on the time of taking pictures, taking FTM again to it’s all time excessive of 90 ish cents wouldn’t be very tough

📰Fantom Updates📰

The run as much as FTM’s all time excessive in early Could was in response to a flurry of bullish bulletins about Fantom

The primary was a partnership with the federal government of Afghanistan to trace pretend remedy. The second was a partnership with the federal government of Tajikistan to energy their digital infrastructure

And the third was a partnership with a non-public faculty establishment in Pakistan. Fantom just lately partnered with an Uzbekistani consulting agency

📅Fantom Roadmap📅

A latest interview with the Fantom Basis’s head of promoting means that the main focus going ahead might be round institutional and retail adoption


📜 Disclaimer 📜

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any explicit end result.

#Fantom FTM #crypto #blockchain #defi

Source: Coin Bureau

28 Responses

  1. ok watched this for the third time, have staked on fantom curve, which apy went bad like everywhere else, so took the money out and bought some fantom. price about 30 percent down from time this video was made. Fantom does seem to just work, barring Feb, which is amazing having followed these DAG coins like iota and such. Good video as always.

  2. the tech, the adoption and rhe dapp ecosystem with fvm underway just matter of time before its get enough recognition…week by week gets more decenralized , currently has 64 validator node

  3. Can you please take a look at Polkadex (PDEX) ?

    It’s a multi-billion project with 100x potential !!!! 2 month left for the mainnet launch !!

    It’s the biggest DEX building on polkadot !!

    Huge companies backing the project 💰!!’

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