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Can $FTM help Ethereum?

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Fantom ($FTM) is a DAG based on "Lachesis" technology, inovated in part by (in)famous DeFi Architect Andre Cronje, creator of Yearn Finance ($YFI); $Fantom offers near instant finality and under 1-penny transactions and is 1:1 EVM (ethereum virtual machine) compatible, meaning you can effectively copy and paste protocols over from eth and also add the Fantom Opera Network directly to metamask.

Staking is available in the Fantom Foundations Official Web Based PWA Wallet, which has hardware wallet support; staking apy calculator available here, last I checked it was 11.5% APR in direct return $FTM tokens. The PWA wallet also allows for minting of loans against your staked assets for any number of strategies, truly in-house DeFi at the core $FTM experience.

Other popular protocols available on $FTM: ren.BTC, CURVE, C.R.E.A.M, Sushi Swap, Link just announced live price feeds, here is a full support dApps list

Here is a recent overview by Coin Bureau where he runs through it in his calibred way, although I must admit he actually said some stuff which was false fud, I'm sure it'll get tossed about in the comments as is under the actual YouTube video.

Fantom's ATH was about .95~c'ish back right before Mr. Elon Musk appeared on Saturday Night Live, which really ruined the breakout pump. But with market sentiment heating up, it's seems $FTM may be preparing for another rally looking at the weekly chart.

Overall of course with anything, DYOR, but in my opinion, $FTM is a Dark Horse Juggernaut. It's completely open sourced, has the potential to be truly decentralized, and is essentially Eth 2.0 here today NOW with sensible token distribution. It just needs adoption. Here is a basic primer of how to get into Fantom if you're used to other similar networks.

I personally suggest using the SpookySwap bridge coming over and seeing what it feels like to buy BTC/ETH with basically instant and free txs. Maybe farm some $BOO LP or $TSHARE (a seignorage project on Fantom with a lot of community support which has survived it's first contractions).

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