Fantom General Update | August 23 2021
Your bi-weekly update of the Fantom ecosystem.
Chainlink price feeds are live on Fantom
Smart Contracts can now utilize Chainlink’s decentralized oracle network for high-quality, tamper-proof, and low latency price feeds. Accurate price feeds empower many DeFi functions, such as rebasing mechanics of algorithmic stablecoins, settling futures and options contracts, determining accurate staking rewards in liquidity pools, calculating collateralization ratios in lending and borrowing protocols, decentralized liquidation engines and much more.
This native integration was made possible by a grant given to block42 through the Chainlink Community Grant Program.
An introduction to Fantom CBDC
Fantom is not only providing the infrastructure for your favorite DeFi applications, but is also involved in the research and development of CBDC (central bank digital currency).
👉 Read our new article to get an overview of what the team has been working on in this area.
Fantom x Graviton
Graviton enables seamless cross-chain transfers of wrapped assets. Its products include bridge aggregators, cross-chain wallets, and LP reward farming products.
What does this mean for Fantom?
- Inflow of new assets
- Better liquidity through incentives
Graviton is currently in testing and will be launched within the next weeks. You will be able to earn rewards for providing liquidity to pools containing wrapped versions of Fantom-native tokens.
👉 Read about Fantom x Graviton cross-chain DeFi
Fantom X Orion Protocol AMA recap
You can now read a written recap of the AMA with Simone and John from Fantom and Timothea from Orion, hosted by FTMAlerts.
Fantom Foundation is rewarding Curve voters
The Fantom Foundation is providing $100k worth of $FTM as rewards via http://bribe.crv.finance for those who vote for the fantom-fudst pool on http://curve.fi.
Vote at https://dao.curve.fi/gaugeweight
Decentralized 2FA coming to Fantom
Shield Protocol will be bringing its 2FA security solution to Fantom. The Fantom wallet will get integrated into the Shield Protocol app on August, 24.
Shield provides the first 2FA on the blockchain, with no data collection or centralized storage.
Network Stats
Fantom reaches $492m TVL, a new all-time-high!
- Arthur Hayes about NFTs and social signalling
- NFL Superstar Odell Beckham Jr. on UpOnlyTV
- Crypto grows from 2% to 41% of Robinhood’s total revenue in the past year
📺 Watch the Fantom roundtable hosted by FTMAlerts. Members of the Fantom Foundation, Spirit Swap, Reaper Farm and Yield Monitor talked about all things Fantom DeFi.
