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What is the Fantom bridge and how does it work?

Through the bridge, users can send assets to and from Fantom and several other Ethereum-compatible Layer 1 and Layer 2 networks, including Binance Smart Chain, Polygon, Arbitrum, and Avalanche. Fantom’s second-biggest exchange, SpiritSwap, provides similar functionality to SpookySwap and has also integrated Multichain’s Fantom bridge.

What is multichain's Fantom bridge?

The platform has also built a user-friendly interface for Multichain’s Fantom bridge that integrates seamlessly with the exchange. Through the bridge, users can send assets to and from Fantom and several other Ethereum-compatible Layer 1 and Layer 2 networks, including Binance Smart Chain, Polygon, Arbitrum, and Avalanche.

What is Fantom ABFT?

Fantom is a fast, high-throughput open-source smart contract platform for digital assets and dApps. Fantom’s aBFT consensus protocol delivers unparalleled speed, security, and reliability. Enjoy almost instant transactions and extremely low fees. Transactions on Fantom are finalized in a second and cost a fraction of a cent.

What is Defi on Fantom?

DeFi on Fantom looks set to continue growing, with several highly-anticipated launches on the horizon. Fantom is a Layer 1, Proof-of-Stake network with low transaction costs and fast finality. Since launching in 2019, Fantom has built up a respectable DeFi ecosystem of both homegrown and Ethereum-native applications. What Is Fantom?

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