Phrases to understand the truth of the public channel that runs Phantom

introduction

The crypto market reversed and the public channel regained the interest of the wider market. More recently, public affairs channels have been vying for power. In this race to compensate for Ethereum's insufficiency, Phantom is having a direct impact.

Our three main components of the blockchain are:"Security", "Decentralization" thiab "Speed".

Obviously, managing our relationship and achieving the best balance is almost impossible. However, with the advent of Phantom, the impossible slowly comes to terms. In a sense,fancyIt is designed to solve this long-standing problem by completing the three key points above and reviving the DeFi industry.

P1

What is a ghost?

With the rapid improvement of NFT, DeFi and GameFi, the public channel has entered the phase of disruption., BSC, Polygon, Solana comply with regulations. This time it's your time.fancy.

fancyIt was first created in January 2018 by Korean designer Byung-Ik Ahn., is one of 27 groups listed on the official website, located in Sydney, Australia.Michael KongCurrently CEO and Chief Information Officer (CIO), other members include engineers, scientists, researchers, designers and entrepreneurs.

Fantom is a high-performance blockchain platform that supports smart contracts based on directed acyclic graph (DAG) distributed database technology and is suitable for DeFi, cryptodApp, and enterprise solutions. . Lachesis Protocol “The biggest difference between blockchain and other public chains is the exchange of stored data thanks to the release of DAG technology.

In Fantom, any trade file can be designed as a separate part, and the part and the part just need to be linked and analyzed. , thus improving the cohesion of the change, change over time.

At the same time, Fantom is compatible with Ethereum EVM virtual machine, so that Ethereum's DeFi application can be translated into the public channel with one click, and you can enjoy low cost and high speed of the public channel.

Fantom integrates multiple channels into the network through connections such as Ethereum, BSC, Polygon and Avalanche to accommodate future multiple connectivity options. Now, all of Ethereum's core functions such as SushiSwap and Curve have been moved to Fantom, and the traffic has also been revealed.

Since early October, the Phantom Index has started to grow rapidly.According to data from CoinMarketCap, the Fantom FTM token is12664%, that is to say a figure which has been multiplied by nearly 130, and which is now included in the ranking.35 years; According to data from DefiLlama, all foreclosure rates on Fantom's DeFi (TVL) devine$ 9.8 billion, almost increasingno 20.

It is worth mentioning.Fantom also announced a CBDC solution for digital RMB., also announced a partnership with OJSCOrienbank, one of the biggest banks in Tajikistan, to develop the digital currency system of the Central Bank of Tajikistan (CBDC), thus broadening its hopes for the CBDC field.

P2

Respond to many issues in existing channels

One problem with existing chains such as Bitcoin and Ethereum is:The larger nodes, the higher the distribution, but the slower the speed and scalability., andtav suModifiable, easy to install, the more you have, the faster and endlessly you are.

In fact, flagship public channels such as EOS and TRX have also attempted to solve the blockchain impossible triangle problem, but the result is truly unsatisfactory. For example, called 1 Million TPS, EOS only has a few thousand actual trials and is not very secure, making it the most popular and best performing in the business.

Many new state-owned companies are still working to solve this problem, such as the Avalanche Protocol, a NEAR open network, which focuses on public finance chains. Fantom solves this problem by using a machine called DAG.

Phantom Team's new solutions are backed by several investment firms., BlockVC, BlockCrafters, JRCrypto, CryptoBazzar, Connect Capital, ZoraxCapital, TransferenceFund, Node Capital, NirvanaCapital, DFund Fund, Danhua Capital, Backward Blockchain Fund etc.

In fact, Phantom has finalized the token sale of 40% of all token kits prepared for the first half of 2018, after its inception., raised by the circle of the seed and the two circles of personal righteousness$ 40 million, the investor understands:

HyperchainCapital, SignumCapital, 8Decimal, ArringtonXRPCapital, BiboxFund, LinkVC, NirvanaCapital, JRCrypto, BlockVC, 사모펀드 Jiuding Investment (JDCapital), KosmosCapital, Lemniscapin, TransferBandF.

Phantom raises funds by selling to the public after completing a private placement$ 265 right.

Phantom a un support plus large.

YFI founder AndreCronje has announced a game similar to Theft of Phantom Chain.rarely occurs, there are 11 characters in the game, and players can make changes after gaining experience through exploration. Modification players can use their good manners to create products that can be sold in the second store.

In addition, the change modifies the assemblyOpen oceanIt has spread to the phantom network. It was announced that OpenOcean has added Fantom to its list of networks and will continue to integrate Fantom-based DeFi operations including SushiSwap, SpiritSwap, SpookySwap and Curve.

Even the most expensive on-chain data toolsNansenWe also announced support for Phantom Blockchain. According to the announcements from Phantom, Nansen, a computer tool, announced support for the Phantom blockchain, and users can now view Phantom information related to the channel on the Nansen website.

According to previous data, Nansen is the provider of data connection to blockchain users, with a monthly price of US $ 150-2500 and is currently in alpha development.

P3

Phantom ecological alarm clock

Source : COIN98

The image above shows the setup of the Phantom before announcing the 370 million FTM raise.After a month of development, Phantom has a lot of development.

Analysis of Nansen's data shows that the performance of the Fantom chain's fixed income securities has increased, especially after the promotion plan was announced, and their usage has gradually increased.Phantom's stable position exploded in September.

As shown in the figure below, just after Phantom announced a $ 370 million investment in mining support at the end of August 2021, the Phantom market number surpassed Ethereum in September.

At the same time, weThe average modern fuel cost of Fantom is lower than that of the Ethereum network, this is because Fantom itself was designed at a lower cost.

Next: ETH Volume vs. FTM commercial packaging

Above: Average Daily Eth Oil Price vs Average Daily FTM Oil Price

Fantom can go up to 370 million FTM of ecological support and “DeFi King” AC work together up to 50% off.

Sister tab,Basically the Phantom differs from other public channels.In this transformation to make Ethereum inadequate, Fantom certainly has the best.Fantom developed the cheaper and more scalable Ethereum directly on the platform designed for Ethereum. This makes Phantom easier to use for anyone who has used Ethereum, which is one of the main reasons Phantom stands out in many competing chains.

Typically, Fantom started with the DeFi suite and then continued to improve the ecosystem by donating, supporting green projects and other activities.Ecological imagery (70+) revolves around interconnected (5), exchange traded or AMM (15) platforms, resource revenues (8), NFTs (9), loans (4). ) and IDO platforms (4). .However, while most of the Phantom ecosystem is in the early stages of development, some work has been done going forward.

As FantomF's official DeFi development continues, FantomFinance is a full DeFi suite that includes lending and real estate development last year. It is also the platform based on most Asynchronous Byzantine Fault Tolerance Agreements (aBFT) which includes:fMint, fSwap and fLend.

Among them, in fMint, users can register FTM packaged wFTM tokens directly to fWallet, fUSD, fBAND, fBNB, fBTC, fETH and some synthetic fiat currency devices with 0.5% strike rate. . Currently, the fSwap and fLend asset swap loans have not been revalued.

Always availableecological incentivesMeanwhile, in June this year, Phantom announced a number of investment capabilities in APY.vision pool analysis tools, DEX protocol data analysis and AMM Cryptokek, DeFi platform integration Millennial Finance, ZooCoin revenue optimizer, Mushroom Cloud, AMM Snibyswap and SpiritSwap protocol.

Last month, Phantom announced 350 million more FTM upgrades. The plan is for TVL to provide FTM tokens for projects worth over $ 5 million and $ 1-5 million on Phantom. Currently, at least 10 jobs are available under these circumstances.

Several important pieces of data also provide insight into changes in the Phantom ecosystem.As of September 13, Fantom's DeFi project total stood at $ 1.3 billion, more than three times the $ 300 million set in August., among them, the closing costs of snibyswap, Curve, BeefyFinance, Scream and SpiritSwap are beyond.$ 100 million.

In addition,According to statistics, Phantom currently has a net worth of $ 5.66 billion and his net worth is $ 4.68 billion.. Our main assets are GEIST ($ 3.8 billion), Ghost Swap ($ 494.2 million) and Spirit Swap ($ 330.7 million).

It is without a doubt one of the most regarded public channels in the entire Phantom development model. Of course, it is not yet known how far the Phantom will reach and what its true value will be.