What is FTM?

Modified on Sat, 18 Feb 2023 at 09:06 PM

FTM is the Fantom network's flagship coin. It is used for paying fees on the network when transferring assets or running dApps and DeFi, as well as rewarding those who stake their coins on the network to help verify transactions. Not only that, it allows holders to participate in network administration.


The FTM token is also available as a standard ERC20 token on the Ethereum network and BEP-20 on the Binance Smart Chain network.


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