Fantom General Update | May 17 2021

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.

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.

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 supports BSC <-> Fantom swaps

AnySwap and SpiritSwap are working together to add Binance Smart Chain (BSC) to, 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

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.

Zapper now supports Fantom

You can now track your token balances on Fantom on

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!

To see your number of transactions, fees paid and how much it would have cost you on Ethereum, go to made by @degen_watch.

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

Simone joined a talk about creating community champions and gave insights about how Fantom grew such a supportive community.