A #Fantom first, a crypto industry first 🎉
The Foundation is distributing 750,000 $FTM to dApps on the network.
This time, the community makes funding decisions via a new method: quadratic voting.
Will you vote in the first ever Vault Round? 🗳️
Vote: https://t.co/v8KptdsIGa
Show a token of support for your favorite #Fantom projects, with a vote! 🗳️
The Fantom Foundation is distributing 750,000 $FTM to dApps on the network via quadratic funding on @Gitcoin
The best part? No community donations required.
Full details: https://t.co/ySG8iyMtfj
🏗️ @FantomFDN has everything necessary to build dApps that can be used by millions of users. Fantom’s unique architecture allows developers to create highly scalable, fast, & inexpensive Web3 applications
🚀 Thousands of people 👀 from regular crypto users to experienced developers 👉 use Fantom every day to interact with & build DeFi, NFT, & GameFi decentralized applications
⛏️ Let's explore Highlights of #Fantom
#FTM $FTM
Thank you for 500k followers! 🚀
We have reached this remarkable milestone thanks to every builder, validator, and ecosystem supporter who demands true finality, high-throughput, plus base-layer security & scalability.
New to #Fantom?
Learn more at https://t.co/f58bc3fqvC
MOST USED PROJECTS OF JULY ON FANTOM
It can be said that July is the most difficult month on #Fantom with the #Multichain hack!
The builders on $FTM not only don't give up, but they also develop new features!
That effort is reflected in the number of users! 👇🏼😎
$FTM
Fresh updates rolling out! 🌛
#Fantom fWallet continues to offer a seamless way to navigate and interact with the network, now even better! 📁
The latest wallet updates include:
• 'Send' to custom domains
• Governance accessibility
• Software key exports
• Wallet Connect v2
How was @FantomFDN's performance in Q2'23?
#Fantom remains committed to its growth strategies and has exciting upgrades in the pipeline including StateDB storage system, Fantom Virtual Machine, & more.
Read the full quarterly by @JamesTrautman_ below. ⬇️
https://t.co/r3bjcl5JNh
Happy Monday!
Let's take a look at this comparison and see the difference between the oldest L1 and the 2nd oldest L1!
You can see more optimization for users and builders in #Fantom before the launch of #FVM.
So when #FVM launches, can Fantom become a real $ETH killer? 🧐
$FTM
12.13M total weekly active users is the number based on @tokenterminal, and #Fantom still retains its position - the #3 chain with the most users after BNB and Polygon!
Despite the hard times, $FTM has always had support from the community! 💙
$FTM fam!!! This is huge🚨
Only 7 hours left Mega Twitter Spaces hosted by @FantomFDN and @LayerZero_Labs with the participation of top projects built on #Fantom will take place!
Don't miss it if you are a $FTM Degen 😎
Note it: https://t.co/Cx0wjVIpj4
From a list of 112 blockchains, only 6 chains show up repeatedly (80%+) in the Top 10 by DEX volume since March 2021 when crypto first saw new ATHs.
#Fantom is one of them.
The others are Ethereum, Polygon, BSC, Avalanche and Arbitrum.
This next sentence applies to the above as well as the below: You are as good as who you surround yourself with.
Since its rise, Fantom operated smoothly as a top Layer 1 with massive DEX volume (good metric of real users/usage), and is among good company. The more things change, the more they stay the same.
Do yourself a favor, stop listening to fools shouting "its over", "ftm to zero", "community is broken", "treasury gone".
🛑STOP giving attention to misinformation peddlers who were never $FTM believers to begin with. No matter how much they grift, seem to have good intentions, they do NOT have your best interest in mind.
Fact is: Fantom Foundation treasury is diversified across different crypto and non-crypto assets. The biggest impact was on the value of its MULTI tokens that were held long term. The Foundation WILL continue to develop and grow the ecosystem for the long term. The community, many of them reading this now, are here for it.
Moving forward, we will build confidence, nurture bridging solutions and continue to build out the tech as top priority 💯
Provide liquidity to $FVM - $FTM with zero lockup & start earning your share of at least $43,000 in $FTM over the next 7 days.
$FTM is funded by redemptions of our liquidity provider reward token $oFVM.
This mechanism protects liquidity providers from mercenary farmers & impermeant loss.
LPs are able to compound their 350% oFVM APR from FVM-WFTM rewards [ or $oFVM rewards from any pool on Velocimeter ] into the pool paired with $FTM rewarded by the staking contract.
The discount on $oFVM redemptions for compounders is based on a user selected lock duration between 1 week & 2 months.
Compounders with a shorter time horizon pay LPs with a longer time horizon (and LPs with zero lock time who buy $FVM from the market).
A large portion of $oFVM is converted to $veFVM where lockers pay 5% to LPs for the right to exercise to $veFVM
These tokens are locked for at least 1 (and earned their share of $40,000 dollars in bribes last epoch) year meaning even less sell pressure for $FVM LPs.
These market dynamics are designed to create a sustainable engine to keep liquid provider incentives sustainably high attracting TVL & trading fees.
Velocimeter Pro is live on @FantomFDN
Now any protocol can use the same system that has grown our FVM-WFTM pool from zero to half a million dollars in liquidity in less than two weeks during a crisis.
Now any protocol can use the same system that distributed over $40,000 worth of $FTM to liquidity providers since launch.
Now any protocol can use the same system that will distribute at least $50,000 dollars of $FTM to LPs over the next 7 days.
Any protocol can wrap their token as an oTOKEN and configure discounts on redemption against their Velocimeter pools time weighted average price.
Any protocol can bribe & provide LP rewards on Velocimeter or any other dex that supports permissionless incentives.
Any protocol can fundraise with oTOKENS and have deep seamless integration with Velocimeter Gauges and dynamic options redemption discounts that direct rewards from mercenary farmers to participants who are most aligned with the protocols success.
Any protocol can fund their liquidity providers with additional incentives generated by oTOKEN redemptions. Creating the same dynamics that keep $FVM strong and deeply liquid even during a crisis.
Protocols: Create a pool on Velocimeter &/or come into Discord to learn more about Velocimeter & Velocimeter Pro.
Liquidity providers will see oTOKENS as boosted rewards on top of their oFVM and $FTM rewards in our liquidity and rewards tabs.
https://t.co/rYVgFFe6ZI
veFVM holders check out this weeks bribes some of them are oTOKENS https://t.co/bp8lpImKSG
and redeem oTOKENs for any protocol here:
https://t.co/XVAFbLqDAb
The Fantom Liquidity Hub is steady on the RISE!
With a fresh new cohort of pools, sporting the latest tech it's only a matter of time.
Long Live $FTM!
#undead
https://t.co/vIOSQYYEgZ