Fantom (CRYPTO:FTM) is a high-performance, scalable, and secure layer-1 blockchain platform for DeFi, dApps, and enterprise applications. It is powered by a unique consensus mechanism called Lachesis, which is based on DAG technology.
Fantom's operations are focused on developing and maintaining the Fantom platform and on promoting the adoption of Fantom-based applications. Fantom's projects include developing a new decentralized exchange, a new cross-chain bridge, and a new set of tools for developers.
Fantom's objectives are to create a high-performance, scalable, and secure blockchain platform that can be used to build and deploy a wide range of applications, including DeFi, dApps, and enterprise applications. Fantom also aims to make it easy for developers to build and deploy applications on its platform.
Community governance: Fantom is governed by its community, and FTM token holders can participate in governance votes to decide on the future of the platform.
Cross-chain bridge: Fantom has a cross-chain bridge called Anyswap, which allows users to transfer assets between Fantom and other blockchains.
Decentralized exchange: Fantom has a decentralized exchange called SpookySwap, where users can trade tokens and earn yield.
Developer tools: Fantom provides developers with a variety of tools to build and deploy applications on its platform.
Fast and secure transactions: Fantom offers fast and secure transactions with low fees.
Smart contracts: Fantom supports smart contracts, which allows developers to build a wide range of applications.