What is the nature of Fantom (FTM)?

Fantom is a fast blockchain that enables smart contracts and DeFi within a framework of low costs and quick settlement.

What are ways to use FTM?

FTM can be used for various purposes, such as - Fees on the network, staking, participating in decisions and moving assets.

Which platform is the best to purchase FTM?

You can find FTM on leading exchanges, including Binance, Coinbase and KuCoin.

Can Fantom connect with Ethereum?

The technology is fully compatible with the Ethereum Virtual Machine and processes Solidity smart contracts.

In what way is Fantom unique?

Thanks to Lachesis consensus, LF-1 is able to complete many transactions quickly and provide instant certainty, without sacrificing decentralization.

Is it possible to stake FTM?

It is possible to stake FTM and collect on-chain rewards through the wallet app or validators from outside the protocol.

Can the Fantom blockchain be relied on?

Yes, still, look after your privacy using hardware wallets and use DeFi protocols with care.

Which companies are competitors with Fantom?

Of the main competition, Solana, Avalanche and Arbitrum are Layer-1 and Layer-2 contenders for Ethereum.

How much FTM is there in circulation?

The total number of FTM tokens the network can ever have is 3.175 billion.

Which risks do I need to think about?

Worries about smart contract vulnerabilities, updates in laws and rival businesses are main risks to monitor.

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Hyperliquid CEO Jeff Yan Applauds Phantom’s 40x Mobile Perps Launch

On July 9, Hyperliquid CEO and co-founder Jeff Yan publicly praised Phantom’s new perpetual futures (perps) feature. He is calling it a bold move that “brings finance onchain.” In an X post, Yan congratulated the Phantom team for launching perps on mobile and choosing Hyperliquid’s infrastructure to power the product. “We’re honored they chose us,” […]