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	<title>smart contract &#8211; Crypto DeFi Revolution</title>
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		<title>What is Fantom (FTM)?</title>
		<link>https://cryptodefirevolution.com/index.php/2021/03/03/what-is-fantom-ftm/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=what-is-fantom-ftm</link>
		
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		<pubDate>Wed, 03 Mar 2021 20:24:39 +0000</pubDate>
				<category><![CDATA[Crypto Projects]]></category>
		<category><![CDATA[Blockchain Platforms]]></category>
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		<category><![CDATA[fantom]]></category>
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					<description><![CDATA[What is Fantom (FTM)? The Fantom Network is a fast, secure and scalable decentralized smart contract platform for digital assets and dAPPS. The Fantom Token (FTM) secures the Fantom network via a Proof-of-Stake system, and <a href="https://cryptodefirevolution.com/index.php/2021/03/03/what-is-fantom-ftm/">[&#8230;]</a>]]></description>
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<hr class="wp-block-separator"/>



<h2 class="wp-block-heading"><strong>What is Fantom (FTM)?</strong></h2>



<p class="wp-block-paragraph">The Fantom Network is a fast, secure and scalable decentralized smart contract platform for digital assets and dAPPS. The Fantom Token (FTM) secures the Fantom network via a Proof-of-Stake system, and is also used for payments, on-chain governance &amp; network fees.</p>



<p class="wp-block-paragraph">Fantom Finance is DeFi suite where users can mint synthetic assets, lend &amp; borrow digital assets, and trade assets on the decentralized AMM exchange.</p>



<p class="wp-block-paragraph">Lachesis is Fantom’s aBFT consensus protocol that provides instant transactions and near zero fees allowing everyone access to DeFi.</p><div id="crypt-2018337186" class="crypt-content-placement-after-3rd-paragraph crypt-entity-placement"><a href="https://shop.secuxtech.com/discount/SecuX-Affiliate-ZPE753?aff=98" aria-label="Vault-Grade Cold Storage Wallets"><img decoding="async" src="https://i0.wp.com/cryptodefirevolution.com/wp-content/uploads/2022/10/Vault-Grade-Cold-Storage-Wallets.jpg?fit=300%2C121&#038;ssl=1" alt=""  width="300" height="121"  style="display: inline-block;" /></a></div>



<p class="wp-block-paragraph">With Liquid staking, FTM can be staked and used as collateral for DeFi, and remain liquid within the Fantom ecosystem.</p>



<p class="wp-block-paragraph">Fantom is EVM compatible, allowing developers to build &amp; deploy decentralized applications (dAPPS) on Fantom just like on Ethereum.</p>



<p class="wp-block-paragraph"><strong>Website:</strong> <a href="https://fantom.foundation/" target="_blank" rel="noopener">https://fantom.foundation/</a></p>



<p class="wp-block-paragraph"></p>



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