Fantom

Fantom Foundation tweeted about being proud of facilitating high volume and traffic for Fantom users, with nearly 50 million trades completed using and burning $BRUSH.

The Galxe Memecoin Mystery Mania campaign on Fantom introduces 7 memecoins bringing real value to the network. Participants can receive a free NFT and enter to win a share of $3,500. Memecoins like $MUTTSKI, $fTAILS, $GMFTM, $fKNUCKLES, $BPEPE, $BLACKY, and $CHILL offer unique features from trading bots to blockchain gaming. Claiming the NFT enters participants into a giveaway for a chance to win $140 worth of memecoins each. Trade for your favorite memecoin NFT on @paint_swap. Collection listing coming soon.

Balancer, a Yield-Bearing native platform, will offer tools through V3 for developers on Fantom to innovate and adapt to the growing market. Fantom is set to host the ecosystems dominant LST with the most powerful DEX tech stack.

Fantom's Q4 '23 report by MessariCrypto highlighted initiatives like Gas Monetization, Ecosystem Vault, and Sonic Labs. Gas Monetization rewards developers, Ecosystem Vault supports ecosystem builders, and Sonic Labs funds teams building on Fantom Sonic. The report also covered Sonic upgrade innovations including Fantom Virtual Machine, Carmen database storage, and the Sonic testnet environment. These advancements aim to increase execution speed, reduce storage requirements, and enhance blockchain performance.

The Supra team announced the integration of their decentralized Oracle (DORA) price feeds with the Fantom blockchain. DORA allows smart contracts to request data as needed, enhancing transaction speed and reducing costs. Developers on Fantom can now utilize this integration to build more efficient and scalable decentralized applications (dApps).

Users can now pay for gas fees on any Fantom Galxe campaign using tokens deposited to their Smart Balance. Stay tuned for the latest Galxe campaign on Monday.

Fantom community excited to showcase their project at ETHDenver event. They are eager to meet fellow Fantom friends and encourage attendees to join them.

According to recent logic presented by the Fantom community, PayPal's 22 billion payments in 2022 can be easily handled by Fantom, as it can handle 10,000 ERC-20 transfers per second. This indicates Fantom's ability to support 14 PayPal-sized companies, showcasing its potential for rapid and scalable payment processing.

Fantom's Q4 '23 report highlighted the Sonic upgrade, which includes the Fantom Virtual Machine (FVM), Carmen database storage, and the Sonic testnet environment. The FVM offers improvements in execution speed through dynamic translation and merging multiple instructions. The new Carmen database storage system improves access times and reduces storage requirements for validator nodes. The Sonic testnet achieved a TPS of 2,048 and a TTF under 1.1 seconds. Developers can now create smart contracts on the builders testnet to try out Sonic's capabilities. Sonic aims to enhance Fantom's performance and reduce storage costs while maintaining near-second time-to-finality.

The Fantom Foundation encourages caution and provides a list of tools to protect users while transacting in a permissionless environment.