Fantom General Update | June 5, 2023
Welcome to the latest General Update!
Over the past two weeks, Fantom launched the Gas Monetization program successfully, the amount of FTM burned forever reached 10 million, and we shared several exciting blockchain conference updates.
Join us as we recap the latest developments in the world of Fantom.
News and developments
10,000,000 FTM have been burned! In the current fee structure, validators receive 70%, the Ecosystem Vault receives 10%, the dApps part of Gas Monetization receive 15%, and the remaining 5% is burned permanently.
Fantom became an official partner for Web3 Berlin, which is one of the biggest Web3 conferences in Europe with a focus on inclusivity, networking, education, and onboarding people to the Web3 space.
Launches and integrations
Multichain DEX aggregator
Online crypto shopping
Vertical Blocks, the one-stop place for everything blockchain, Fantom, and beyond, pushed out several pieces of content over the last few weeks.
How to Land Your Dream Web3 Job
Frameworks That Help You Survive Crypto