Fantom announces on-chain funding mechanism Ecosystem Vault

Fantom announces on-chain funding mechanism Ecosystem Vault

Market Analysis
January 21, 2023 by secret
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[ad_1] Fantom Foundation, the platform behind the Fantom (FTM) blockchain announced the launch of Ecosystem Vault on Friday. Vault is a decentralised funding mechanism that will be financed by 10% of FTM transaction fees. The funds in the vault are available to projects that get 55% approval in community-driven governance vote. Fantom, a scalable Layer-1