Fantom General Update | May 17 2021
Lots of Fantom news in the last 14 days!
Fantom’s biggest governance proposal passed
90% of stakers voted to reach the necessary quorum for reducing the minimum self-stake of nodes from 3.175m to 1m FTM. More validator nodes can now join the network making it even more decentralized. Thank you to all of our committed and active stakers! The new specs will go live on Wednesday, May 19.
The latest onchain governance proposal just passed!
🔹 a staggering 90% of the stakers participated in the voting process
🔹 the new minimum self-stake to run a node will be 1m FTM (vs the current 3.175m)
Less strict requirements, more nodes, more decentralization. pic.twitter.com/Kag9G5VKSC
— Fantom Foundation (@FantomFDN) May 12, 2021
Fantom becomes official partner of racing team Scuderia AlphaTauri
We are happy to be the Official Team Partner of racing team Scuderia AlphaTauri. As part of our sponsoring, Fantom’s logo will appear on the halo of Alpha Tauri driver Pierre Gasly.
Prior to this new partnership, Fantom already appeared as a sponsor on the helmet of Fantom supporter Pierre Gasly.
We're extremely excited to announce that Fantom is now Official Team Partner of @AlphaTauriF1, ahead of the iconic Monaco Grand Prix next week!
Fantom's logo will appear on the prestigious halo on the AT02 car driven by @PierreGASLY.https://t.co/VLuINNy3Ev
— Fantom Foundation (@FantomFDN) May 14, 2021
Fantom signs MoU with Pakistan’s private education institutions
The Pakistan Private Educational Institutions Regulatory Authority (PEIRA) and Fantom have signed a Memorandum of Understanding (MoU) to implement custom blockchain Enterprise Resource Planning (ERP) software. After a successful test, the two partners will explore widespread implementation of Fantom solutions.
👉 Fantom signs MoU with Pakistan’s private education institutions
Fantom to power e-government infrastructure of Tajikistan
Fantom’s blockchain-based IT solutions will power Tajikistan’s e-government infrastructure. In the beginning, a customized CRM/MIS solution will streamline business processes and a research hub will be set up to train local developers. The long-term goal is a public-private partnership in which the R&D hub will expand to serve as a launchpad for the nationwide implementation of blockchain-based data-sharing, transparency, and automation solutions. The Fantom team will also explore Central Bank Digital Currencies (CBDC) in Tajikistan.
👉 Fantom to power Tajik e-government
Fantom’s anti-counterfeit drug initiative will expand
Fantom’s pharmaceutical tracking pilot program in Afghanistan has successfully ended. In the near future, the program will be introduced on a national level in Afghanistan to track 210 million pharmaceuticals and protect people from potential health risks related to counterfeit products. Afterwards, the program will expand to India, Pakistan and Bangladesh.
👉 Fantom succesfully finishes pharmaceutical tracking pilot in Afghanistan
Multichain.xyz supports BSC <-> Fantom swaps
AnySwap and SpiritSwap are working together to add Binance Smart Chain (BSC) to multichain.xyz, allowing you to transfer funds from BSC to Fantom (and back).
The BNB/FTM farm on SpiritSwap will ensure cross-chain liquidity between Binance Smart Chain and Fantom.
👉 BSC <-> Fantom swaps with multichain.xyz
Cryptokek receives grant from Fantom Foundation
Cryptokek, an intuitive multichain charting dApp, has been given a grant for bringing their charting tools to the Fantom ecosystem.
We appreciate the grant money we have received from @FantomFDN + @0xPolygon – It means a lot! ♥️ pic.twitter.com/tKUrzS62IF
— Cryptokek.com – ($KEK) (@kektoken) May 11, 2021
Zapper now supports Fantom
You can now track your token balances on Fantom on zapper.fi.
You can now track your assets on @FantomFDN , directly from Zapper!
Check it out here 👉 https://t.co/4sEPvR3Dbs pic.twitter.com/0eaQVnO7MR
— Zapper ⚡️ (@zapper_fi) May 3, 2021
Fantom in the media
Tajik government taps blockchain firm for e-government infrastructure
Fantom Registers 10 Million Transactions on its Blockchain at Record Speed
Fantom ($FTM) Market Cap Exceeds $2 Billion Scaling DeFi Space to the Next Level
From cypherpunk to state contracts: The changing face of blockchain
Fantom takes the first step in re-building the educational system in Pakistan with blockchain tech
Blockchain Platform Fantom Encourages Developers to Build Real World DeFi Solutions
Fantom network stats
Fantom hit 10 million total transactions! The network has seen tremendous growth in the past weeks and can now celebrate this big milestone. On to the next one!
Fantom just hit 10 million transactions on mainnet!
It was 3 million 2 weeks ago.
— Fantom Foundation (@FantomFDN) May 13, 2021
To see your number of transactions, fees paid and how much it would have cost you on Ethereum, go to ftmfees.wtf made by @degen_watch.
- Paypal is looking into stablecoins.
- Tether reveals breakdown of its reserves.
- Twitter thread on why Inflation triggers a sell-off.
Community member Kasper Neist built an RPC tool which monitors different RPC nodes and distributes traffic to the fastest one. If you are having any RPC issues, use rpc.ftm.tools.
Huge thanks to our community member Kasper Neist.
He built a tool that monitors the different RPC nodes and distributes traffic among them.
Some call it an "RPC aggregator".
If you're experiencing any issue, use https://t.co/PpJZaZ1AtR instead of other RPC urls
— Fantom Foundation (@FantomFDN) May 14, 2021
Simone joined a talk about creating community champions and gave insights about how Fantom grew such a supportive community.