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July 4, 2022

Fantom General Update | July 04 2022

Update

It’s time for our recap of the last 14 days in the Fantom ecosystem.

Chainlink Keepers and VRF are live on Fantom

Chainlink Keepers enable developers to automate smart contracts. Benefits for teams include:

  • Decentralized execution
  • Increased efficiency
  • Enhanced security
  • Reduced costs

Keepers open up a number of use cases, such as yield compounding, liquidations, DEX limit orders and automated trading strategies.

Chainlin VRF provides provably random numbers. VRF has a broad spectrum of applications, like generating loot boxes in video games, NFT trait distribution and picking whitelist winners.

👉 For the full details and use cases, head over to our blog post.

Watch the complete recap of Fantom @ Consensus 2022

The video is now available here.

The Piece is bringing fractionalized NFTs to Fantom

The Piece allows a broader holder base to hold blue-chip NFTs by enabling partial ownership via fractionalization.

For more details, check out their blog post.

QiDao releases v2

New features include a new liquidation engine, updated risk management measures and multiple frontends.

Network Stats

48% of all circulating FTM are staked, securing the network.

  • Web3 and crypto resources
  • The Market for Promises ( A case for blockchain)
  • Arthur Hayes summarizing the recent developments in the market

🔦 The newest ecosystem spotlights feature NFT project Slothtopia and Bitcoin-backed Orkan by Strudel DAO.

🎧 Fantom CEO Michael Kong joined the Twitter space of insurance protocol Solace to discuss Fantom, insurance and the future of DeFi. You can also check the written summary.

💬 Blockpour x Fantom AMA with Michael Kong.

🎨25 Tweet thread-comic on the Fantom ecosystem. Big thanks to DefiRobot!

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The information on this website is for informational purposes only. It contains high-level summaries and is not intended to include all material information regarding the Fantom ecosystem and risk factors associated with holding FTM.