Updates

Fantom General Update | August 01 2022

What’s going on in the Fantom ecosystem? Get up-to-date!

Governance votes ‘Yes’ on Ecosystem Support Vault

Through the Ecosystem Support Vault, the community can fund projects, ideas and creations on Fantom via governance votes. ⅓ of the existing 30% burn rate from transaction fees (10% of transaction fees) will be diverted to the vault.

Client Performance - Does it matter?

The Fantom research team, headed by Professor Bernhard Scholz, released its first of a series of tech articles.

👉 Read our findings on the performance bottlenecks in block progressing and how we can address them.

Smart Contract security firm Dedaub will deploy on Fantom

Fantom is proud to announce a partnership with leading smart contract security firm Dedaub. This partnership brings well-known security deployments of sophisticated analysis tools, including Watchdog, to all builders. Watchdog doesn’t stop at the higher-level solidity code itself, but analyzes the underlying virtual machine instructions. Combine this with automated static analysis & continuous auditing and you’ve got a recipe for confident builders.

👉 Learn more about how Dedaub makes the Fantom ecosystem more secure.

LlamaPay arrives on Fantom

With Llamapay, companies, DAOs and protocols can automate transactions by streaming them to an address. The recipient can withdraw the funds in real-time. Paying contributors has never been easier!

Already trusted by multi-chain teams Yearn and Beefy, LlamaPay has now been adopted by native Fantom ecosystem protocols such as SpookySwap, Morpheus Swap, and Solar Protocol.

LlamaPay is being built by the highly-respected DeFiLlama team.

👉 Learn more about LlamaPay

Fantom @ Blockchain Expo Vietnam

Fantom CMO Simone went on-stage to represent Fantom in a DeFi panel.

https://twitter.com/theotherpomp/status/1550838309617803264

Together with CTO Quan Nguyen, they also visited the team of Tank Wars at their office! Tank Wars is a P2E game built on Fantom.

https://twitter.com/TankWarsZone/status/1550392895714504704

Exodus Wallet adds Fantom mainnet support

Self-custodial crypto wallet Exodus added FTM with full mainnet support.

Network Stats

In the future, ⅓ of the existing 30% burn rate from transaction fees will go towards the Ecosystem Treasury Vault. To get a better idea of how much that can be, check out our dashboard.