Fantom truly deserves to be a leader in Web 3 going forward and I think we’ll start to see that play out. They seem to be making the most progress! $FTM $ETH
Short and Simple 🧵 on $FTM
This thread will cover:
- Why $FTM is down 88% from its ATH
- 6 Data Points on why $FTM will survive the bear market
- Concerns with $FTM
- $FTM yield farming strategy
1/14
Super pumped to have @ByteMasons representing at @Consensus2022!
This Fantom-native crew is behind @Reaper_Farm, a popular autocompounder. A team of 20+ devs prepares their 45k+ users for a variety of groundbreaking projects, planning to begin deploying over the next 3 months👀
A couple of nice updates over the past few days for $FTM:
• @krakenfx listing.
• @bobanetwork integrates with $FTM (first ETH L2 to go multi chain).
• Still no downtime. 💪
I have to wonder if FTM becomes the NFT chain now, since Solana only works on Mondays from 1-5 PM, and World of Umans is positioned to lead this effort.
The NFT community on FTM is already hustling and bustling, and more than accomomidating to new members.
I think it will. $FTM
fUSD is not UST
• fUSD is an over-collateralized stablecoin (similar to DAI) backed by staked FTM. UST had nothing backing it.
• Users create fUSD by borrowing against their staked FTM.
📢@FantomFDN offers any #Terra projects a new chain to deploy after the last incident
#Fantom commits to supporting them with the best service 🔥
This is what the best chain looks like - always focus on building, developing & not hesitate to help others, even competitors 💪
Any Terra Luna projects out there looking for a new chain, please PM us.
Fantom’s uptime is 100%, fast, low-cost, and reliable, with a great community.
Can assist with a grant program, integration, marketing, and connections.
#terra#Terra_Luna#Luna