I'm curious about the
FTM crypto type. I've been hearing a lot about it recently and I want to understand what it is, its background, and how it works. Could someone please explain it to me?
6 answers
BitcoinBaronGuard
Mon Oct 28 2024
The FTM token serves multiple purposes within the Fantom ecosystem.
henry_taylor_architect
Mon Oct 28 2024
The Fantom network boasts a unique native token known as FTM.
EnchantedNebula
Mon Oct 28 2024
It is utilized to issue staking rewards to network participants.
Carolina
Mon Oct 28 2024
Additionally, FTM functions as a medium of payment and to settle transaction fees.
SumoPowerful
Mon Oct 28 2024
This token resides natively on the Fantom chain.