• Fantom Logo
  • Technology Tools Enterprise Ecosystem Developers
  • Fantom DeFi
      • Sub menu

        Intro to Fantom

        Fantom is a fast, scalable and secure platform for digital assets.

      • Sub menu

        Stake on Fantom

        Earn rewards by securing the network.

      • Sub menu

        FTM token

        FTM is the primary token of the Fantom ecosystem.

      • Sub menu

        The Consensus

        Discover Lachesis, Fantom’s ultra-fast consensus protocol.

      • Sub menu

        Opera Chain

        The Fantom mainnet, with staking and EVM support.

    • WALLETS

      • Sub menu

        Fantom Wallets

        Store, send, receive, and stake FTM on desktop, mobile, and hardware wallets.

      EXPLORER

      • Sub menu

        FTMScan

        A new Fantom explorer built by the Etherscan team.

      • Sub menu

        Opera Explorer

        Explore the network transactions, blocks, and nodes on Opera.

      • Sub menu

        OKLink

        OKLink is an alternative explorer for the Fantom network

    • GUIDES

      • How to use Fantom Wallet

      • How to set up Ledger Nano with Fantom

    • Sub menu

      Enterprise

      Discover Fantom’s solutions for enterprise clients.

    • Sub menu

      Solutions

      Take a deep dive in real world use cases.

      • Sub menu

        About us

        Meet the people behind Fantom.

      • Sub menu

        Partners and integrations

        Learn how we're creating a cross-chain ecosystem on our innovative platform.

      • Sub menu

        Blog

        Learn about Fantom through our general and tech articles.

      • Sub menu

        Podcasts and interviews

        Check out all the Fantom related interviews and AMAs.

      • Sub menu

        FAQ

        Do you have questions? We have answers!

      • Sub menu

        Community

        Join our wonderful community and share ideas.

      • Sub menu

        Careers

        Come work with us!

    • Sub menu

      Documentation

      Start building on Fantom

      GET STARTED

      Deploy a smart contract Create a fixed-cap asset Create a local test network GraphQL API docs

      GUIDES

      Set up Metamask Run a validator node
    • Sub menu

      Technical papers

      Read our technical papers and latest research essays.

      Covalent API
      The Graph's Subgraphs
      Verified contracts
      Frontend JS Utilities
      DeFi Smart Contracts
      Developers’ chat
Fantom Logo
menu
Fantom Logo close
  • Technology
        • Sub menu

          Intro to Fantom

        • Sub menu

          Stake on Fantom

        • Sub menu

          FTM token

        • Sub menu

          The Consensus

        • Sub menu

          Opera Chain

  • Tools
      • WALLETS

        • Sub menu

          Fantom Wallets

        EXPLORER

        • Sub menu

          FTMScan

        • Sub menu

          Opera Explorer

        • Sub menu

          OKLink

        GUIDES

        • How to use Fantom Wallet

        • How to set up Ledger Nano with Fantom

  • Enterprise
        • Sub menu

          Enterprise

        • Sub menu

          Solutions

  • Ecosystem
      • Sub menu

        About us

      • Sub menu

        Partners and integrations

      • Sub menu

        Blog

      • Sub menu

        Podcasts and interviews

      • Sub menu

        FAQ

      • Sub menu

        Community

      • Sub menu

        Careers

  • Developers
      • Sub menu

        Documentation

      • GET STARTED

      • Deploy a smart contract

      • Create a fixed-cap asset

      • Create a local test network

      • GraphQL API docs

      • GUIDES

      • Set up Metamask

      • Run a validator node

      • Covalent API

      • Verified contracts

      • DeFi Smart Contracts

      • The Graph's Subgraphs

      • Frontend JS Utilities

      • Developers’ chat

      • Sub menu

        Technical papers

blog-image
May 3, 2021

Fantom General Update | May 03 2021

Announcements

In the last two weeks the Fantom ecosystem has seen unprecedented growth. Here’s your overview.

Fantom network completes successful upgrade

The Go-Opera update went live on April 29, further improving the network’s performance and reliability.

  • Time-to-finality has been optimized. On average, a transaction takes 1 second to be finalized.
  • Improved decentralization: New nodes can join the network more easily as a) P2P synchronization has become 3 times faster, b) new nodes won’t need to process previous events.
  • Event emission has also become more efficient, making the network more resilient during suboptimal conditions like slow propagation between nodes

👉 Check out all the improvements

HyperChain Capital invests $15m into Fantom

HyperChain Capital, a leading digital assets management company, has acquired an additional $15 million stake in the Fantom ecosystem through the purchase of FTM. HyperChain has invested $2.5 million into Fantom in 2018 and is running a validator node through its subsidiary Hyperblocks.

👉 HyperChain announces $15m investment into Fantom

Project launches on Fantom

SpiritSwap: A native DEX on Fantom offering trading, farming and staking, with more features planned.

ZooCoin: Ecosystem of fun blockchain projects, such as DEX charts, NFT marketplace and a wallet.

HyperJump: DeFi protocol of different projects, like a DEX.

BitGem: NFT farming protocol that lets you stake tokens to mint NFTs.

Fantom gives out grants to support devs #BuildOnOpera

SpiritSwap and SpookySwap received a grant from the Fantom Foundation to continue their work within the Fantom ecosystem. The grant follows SpiritSwap and SpookySwap achieving $165m and $30m in TVL while also being drivers of the tremendous growth in addresses and daily transactions in the last days.

HyperJump also received a grant and will use it for a community giveaway.

Finally, ZooCoin was given a grant for their development of a unified DeFi ecosystem.

Hello SpiritSwappers,
We have some great news we want to share.

1) We have received a grant from @FantomFDN

2) We are in the process of having an audit done! This will support our credibility and should be completed sometime in mid May.

Thank you all for the support!$FTM

— SpiritSwap (@Spirit_Swap) April 29, 2021

Thank you @FantomFDN for the generous grant to help #BuildOnOpera with $BOO!

This will immensely help us achieve the features listed in the #SpookySwap roadmap as we continue to improve the first native $FTM DEXhttps://t.co/feNRO4Woag pic.twitter.com/H5HMqqA3GN

— SpookySwap (@SpookySwap) April 29, 2021

The wonderful folks at the @FantomFDN 👻 wanted to send us a grant 💵 as a gift!

To extend that kindness 🙏we will be using it towards a big #Fantom giveaway this week.

Follow @FantomFDN, @hyper_swap & @HyperJumpBSC to enter when it's ready!#Fantom $FTM

— HyperJump (@HyperJumpBSC) April 29, 2021

We are so excited to announce that ZooCoin got a Fantom Foundation grant to support the development of unified DeFi ecosystem powered by incredibly fast & feeless platform.

We are looking forward to work closely with Fantom Foundation in future!

— ZooCoin (@CoinZoo) May 2, 2021

Barek Sekandari named COO of Fantom Foundation

In his previous role as Chief Government Relations Officer, Barek played a leading role in securing government contracts in South Asia. Congrats Barek on your promotion to Chief Operating Officer!

👉 Barek Sekandari announced as COO

Fantom meeting with regional Pakistani government

Today, Fantom met with the KPK speaker Mushtaq Ahmed Ghani.

KPK is the second largest province in Pakistan; the meeting was to define the details of the digitalization of Provincial Assembly and other government departments using Fantom's blockchain.https://t.co/AdGyYfoarJ pic.twitter.com/jZ9lnkeNMU

— Fantom Foundation (@FantomFDN) April 26, 2021

Fantom in the media

Coindesk: $15m into Fantom investment by HyperChain

Yahoo Finance: Opera Network upgrade boost FTM price

Cointelegraph: FTM surges after network upgrade

Investing.com: 5 things that can make Fantom the ideal blockchain for all

Entrepreneur: Fantom partners with Formula 1 driver Pierre Gasly

Fantom network stats

With these high-quality project launches and increasing social engagement on Twitter, we saw a tremendous growth in network activity.

Over 77,000 Fantom wallets have been created by users. That is a 70% increase month-over-month.

And users are active: 200,000+ daily transactions, meaning an average of 2,6 daily transactions per wallet.

  • Arthur Hayes makes it into our update back-to-back, this time with a piece about the history of financial markets since 2008 and thoughts on their future development.
  • Our friends at yearn.finance released their quarterly report for the first 3 months of 2021, with impressive TVL and revenue numbers.
  • JPMorgan is preparing to offer an actively managed bitcoin fund.

Simone was interviewed by Fantom supporter Intro to DeFi, talking about the basics of Fantom, real-life use cases, UX, governance and new project launches on Fantom.

With so many projects coming to Fantom, it’s difficult to keep an overview. Here’s a great ecosystem infographic by our community member Alexej.

The ecosystem of Fantom involves key #DeFi players, governmental projects, institutions, cross-chain initiatives, #NFT market places & a lot of investors that believe in the future of $FTM.

Want to know more about #Fantom? Read here: https://t.co/D6QgSTMpaM#bitcoin #binance pic.twitter.com/sZLE6kNjzZ

— Alexej Romanovic (@AlexejRomanovic) April 25, 2021

Read more

Card image cap
Simplify DeFi – Fantom Community Spotlight
READ STORY
Card image cap
Gitcoin Grants Round 1: Distribution Announcement
READ STORY
Card image cap
Mummy Finance – Fantom Ecosystem Spotlight
READ STORY
Card image cap
Simplify DeFi – Fantom Community Spotlight
READ STORY
Card image cap
Gitcoin Grants Round 1: Distribution Announcement
READ STORY
Card image cap
Mummy Finance – Fantom Ecosystem Spotlight
READ STORY
  • Technology
    • Intro to Fantom
    • Stake on Fantom
    • FTM token
    • The Consensus
    • Opera Chain
  • Tools
    • Fantom Wallets
    • Opera Explorer
  • Enterprise
    • Enterprise
    • Solutions
  • Ecosystem
    • About us
    • Partners and integrations
    • Blog
    • Podcasts and interviews
    • FAQ
    • Community
    • Careers
    • Media kit
  • Developers
    • Documentation
    • Technical papers
    • Covalent API
    • Verified contracts
    • DeFi Smart Contracts
    • GraphQL API
    • Frontend JS utilities
    • Developers’ chat
Social
  • Twitter
  • Discord
  • Telegram
  • Telegram ANN
  • Reddit
Fantom Logo

© 2023 Fantom Foundation

  • Cookie Policy
  • Privacy Policy
  • Terms of Service
  • Cookie Policy

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.