Fantom Weekly Recap Week 37 (8/9 – 14/9)

Source : cryptodaily.io

The Fantom ecosystem is always growing and moving forward. To help you not miss any news & movements of the ecosystem in the last 7 days, here is your Fantom Weekly Recap Week 37.

TL;DR

  • Fantom Highlight On-chain Data
  • Top Price Gainers on Fantom Last 7 Days
  • Unbound Finance is now live on Fantom
  • Project Quint is now listed on Felix.com
  • Fantom announced partnership with Shopping.io
  • Fantom Domain domains auction is live on Paint Swap

Ecosystem Update

Despite the market turmoil, developers & community always strive to enrich the Fantom Ecosystem constantly. There are some major updates and news this week on the Fantom Ecosystem, which are listed below.

Fantom Highlight On-chain Data

Last week, the bearish sentiment of the cryptocurrency market caused Fantom’s on-chain data to decline. However, The Fantom Opera network maintains a relatively high active user & daily transaction, which proves our chain is still very active & the faith of Fantomians is still on despite any market sentiments! 

Top Price Gainers on Fantom Last 7 Days

Fantom Weekly Recap Week 37 (8/9 - 14/9) - 2

Last week was a rollercoaster for the cryptocurrency market as the Bitcoin price moved in a large amplitude: rised to 22k then dropped again to 19k. This leads to the volatility of other altcoins. The Fantom ecosystem is no exception.

There were still some tokens in the Fantom ecosystem that have decent growth at the end of the week, such as UniLend Finance, GTON Capital & 2SHARES.

Unbound Finance is now live on Fantom

Fantom Weekly Recap Week 37 (8/9 - 14/9) - 3

Unbound Finance is an Ethereum-based cross-chain lending protocol that uses the LP token from AMM/DEX as collateral. Users are bound by highly secured, perpetual smart contracts and are free from the liquidation risk.

When collateralizing your LP token, users can:

  • Perpetual borrowing
  • Minting synthetic asset UND
  • Farming & Staking

Currently, LP tokens of SpookySwap’s USDC-TUSD, USDC-FUSDT, USDC-DAI and SoulSwap’s USDC-DAI liquidity pools will be supported as collateral at Unbound.

Project Quint is now listed on Felix.com

Fantom Weekly Recap Week 37 (8/9 - 14/9) - 4
(source: Felix.com)

Felix.com – the one and only centralized exchange built on Fantom welcomes a new project – Project Quint.

Project Quint aims to connecting the Metaverse to the real world, providing a NFT Marketplace & a Super-staking pools. With QUINT token, users can use it to buy your favorite NFT on Marketplace, or stake it on Super-staking pools to earn real-world collectibles (such as a BAYC) as rewards! 

QUINT is now officially live for trading on Felix.com.

Fantom announced partnership with Shopping.io

Fantom Weekly Recap Week 37 (8/9 - 14/9) - 5
(Source: Shopping.io)

Shopping.io is the payment service dApp which users can shop online and checkout with your favorite cryptocurrencies.

With the partnership with Fantom, now users can use FTM to go shopping on your favorite e-commerce platform like Amazon or eBay, & earn 20% of your purchase back in SHOP token.

Fantom Domains’ domains auction is live on Paint Swap

Fantom Weekly Recap Week 37 (8/9 - 14/9) - 6
(source: Fantom Domains)

Fantom Domains provides Web3 Fantom username (.ftm), and users can use this one name in all your crypto addresses and decentralized websites. 

Besides registering your own .ftm domain at app.fantomdomains.io, now you can also participate in auction of some of the hottest domains on Paint Swap from 7 characters to 3 characters.

Fantom Weekly Recap Week 37 (8/9 - 14/9) - 7
(source: Paint Swap)

The domain auction will go live from September 9th to September 23rd

With the current Web3 domain trend with ENS, Space.id or Unstoppable Domain as the leaders, you do not want to miss Fantom Domains. Get your domain here!

Additional Highlight Events

Fantom announced partnership with Omni

OpenOcean has integrated to Spirit Swap v2

Penguin Kart announced partnership with Basketballverse

A new Solidly hard-fork is launching on Ethereum

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