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Fantom Ecosystem

5 Fantom Networks Projects Crypto DeFi to Invest In || By Finowiz #shorts #crypto #CoinDCX

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5 Fantom Networks Projects Crypto DeFi to Invest In
By Finowiz #shorts #crypto #CoinDCX

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$FTM has been trending upward. These five projects with attractive returns will benefit from the ecosystem’s growth.
Fantom Opera is a blockchain network that emphasizes speed and security. They prioritize features such as leaderless proof-of-stake and fast finality.
Here are five projects on the Fantom Opera Network with attractive investment opportunities.

1. Tomb Finance ($TOMB)
Tomb Finance is the first algorithmic stablecoin on Fantom Opera. The $TOMB token is pegged to the price of 1 $FTM via seigniorage.

2. SpookySwap ($BOO)
SpookySwap is an AMM (automated market-making) DEX (decentralized exchange) for the Fantom Opera Network.

3. Beethoven X ($BEETS)
Beethoven X is a decentralized investment platform on Fantom Opera. It’s built on Balancer V2 and aims to be the first next-generation AMM protocol on Fantom.

4. Scream ($SCREAM)
Good luck accessing their website if you’re in the United States. Still worth mentioning though.
Scream is a lending protocol built on Fantom. It’s inspired by Compound Finance (basically a fork). Users can borrow and supply assets for competitive yields.

5. Hector DAO
This is a controversial one to mention. It hasn’t been treating investors well in recent months. The price of $HEC soared to over $300 in November 2021 and is now close to $40. Hector DAO is a fork of the infamous Olympus DAO. You can stake your $HEC to earn a 19,000% APY.

#shorts #crypto #CoinDCXpathbreaker #CoinDCX #finowiz

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