Fantom, the directed acyclic graph smart contract platform that provided decentralized finance services to developers, took a major step towards incentivizing development on its platform to further drive network growth and adoption. Proposal to cut down token burn rate The Fantom Foundation submitted a new governance proposal that sought to implement the dApp Gas Monetization […]
outlining the platform’s impressive financial health. He revealed that Fantom does not spend a penny on exchange listing fees and influencer marketing – they only operate with essential staff and keep operational expenses low.
As of November 2022, Fantom had over 450 million FTM , $100 million worth of stablecoins, $100 million in crypto assets, and $50 million in non-crypto assets. With a salary burn rate of $7 million a year, Fantom technically can operate for the next 30 years.at $0.246 at the time of writing, with a market cap of $626 million and over $204 million traded over the past 24 hours. Fantom’s native token also saw an impressive rally of 33% over the last week.Subscribe to get it daily in your inbox.
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