Hi Flitpay Fam!
One of your most requested tokens, Fantom (FTM), is now listed on Flitpay. You can trade and invest in it through the FTM/INR pair and join it in your crypto journey.
This coin is listed under Flitpay’s Instant Listing Programme. To know what this programme means to you, visit learn.
About Fantom (FTM)
Fantom is a DAG (Directed Acyclic Graph) based Smart contract platform for developing DApps. It has a highly scalable, decentralized, and permissionless ecosystem that supports existing Ethereum-based Smart contracts as well as creates new Ethereum-compatible Smart contracts. Fantom uses a leaderless version of the proof of stake (PoS) consensus mechanism, called Lachesis, and a BFT protocol to validate transactions faster and at a lower fee than its competitors. Every dApp developed on Fantom runs on its own blockchain, having its own tokens and governance rules.
Apart from developing Smart contract DApps, Fantom also has a DeFi feature where users can lend and borrow assets in a peer-to-peer infrastructure through the native token of Fantom (FTM). The participants convert their FTM tokens into the stablecoin of Fantom called fUSD. Then they lend these fUSD to the DeFi liquidity pool of Fantom to earn interest rewards.
The FTM token is the primary token of Fantom that users use for paying network fees to deploy smart contracts and performing staking to earn rewards. Anyone wanting to become a validator node in the Fantom ecosystem must own a minimum of 3,175,000 FTM tokens. Stakers of FTM can also vote for the governance of the Fantom network and suggest changes and improvements.
Token Statistics:
Launched Date: June 2018
Current Price: ₹19.6
Circulating Supply: 2,545,006,273 FTM
Total Supply: 2,545,006,273 FTM
Market Rank: 61
*Above data from Coinmarketcap as of 14th December 2022
More coin listings are coming soon.
Till then, Happy Trading!
