Fantom Weekly Recap Week 36 (1/9 – 7/9)

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 36.

TL;DR

  • Fantom Highlight On-chain Data
  • Top Price Gainers on Fantom Last 7 Days
  • Magic Craft is listed on Gate.io
  • Fantom has intergrated to JustMoney
  • WigoSwap’s WigoMarket 1.0 is now LIVE
  • Based Finance’s New Feature: Twisted Nodes
  • Fantom Ecosystem Spotlight: Swim Protocol

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 36 (1/9 - 7/9)  - 2

The fact that last week was a bearish sentiment for the cryptocurrency market as the Bitcoin price decreased drastically to $18K leads to the plummet of other altcoins. The Fantom ecosystem is no exception.

However, there were still some tokens in the Fantom ecosystem that go against the market trend & have decent growths, such as Solidex, Magik Finance & UniLend Finance.

Magic Craft is listed on Gate.io Exchange

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Magic Craft – the leading Play-to-Earn game on the Fantom Ecosystem with the growth of 11x in token price in just a month, is now officially listed on the leading CEX Gate.io.

An epic milestone for Magic Craft team, and with the hype that has already been built, this major news may set the MCRT price to the new whole level!

You now can trade MCRT/USDT pair on Gate.io here.

Fantom has integrated to JustMoney

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(source: JustMoney Pay)

JustMoney is an ecosystem for the next generation of decentralized applications to power Web3 and DeFi, including swap, bridge & payment services.

With the integration of Fantom and Spooky Swap’s largest pools, users now will have another choice to purchasing goods and services with BTC, DAI, ETH, FTM, USDC & USDT.

For more information, click here.

WigoSwap’s WigoMarket 1.0 is now LIVE

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(Source: WigoSwap)

The Fantom Ecosystem welcomes the newest NFT Marketplace – WigoMarket from WigoSwap – the leading DEX on Fantom with the unique Gamified Burning Mechanism (GBM).

The WigoMarket 1.0, besides working as a normal NFT Marketplace, also has been integrated with some unique features taking from WigoSwap, including:

  • WigoGalaxy referral system
  • Gamified Burning Mechanism (GBM)
  • User Achievement System

Click here for more information.

Based Finance’s New Feature: Twisted Nodes

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(source: Based Finance)

Twisted Node is a new part of the Based Finance next gen. Twisted Node on SMELT enables nodes lock up set amounts of tokens for longer periods in order to produce greater rewards.

Twisted Nodes will have various sizes each locking up a greater amount of tokens. At the time of users purchase of the node, Based Finance register the actual $ Value of users’ investment.

  • Short Node (2 $SMELT) — ROI in 120 days
  • Medium Node (1 $SMELT) — ROI in 180 days
  • Long Node (0.5 $SMELT) — ROI in 240 days

For more information, click here.

Fantom Ecosystem Spotlight: Swim Protocol

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(source: Fantom Foundation)

Swim Protocol is a multi-chain Automated Market Maker (AMM) for native assets, designed to make bridging as easy as possible. 

Swim reduces the barriers faced by users when performing cross-chain transactions and offers an easy-to-use, cost-efficient, native asset bridge. 

Unique features on Swim include a bridge status overview, which allows users to track the flow of their assets every step of the way, and a retry/resume function for paused transactions. With the upcoming implementation of Swim’s relayer, the Propeller, users will be able to swap native assets with a single click. 

Additional Highlight Events

Retreeb is the sponsor for Prema & Arthur Leclerc at Formula 3

Fantom is featured in a TVC advertisement on Bloomberg, Fox Business & News Max

Zero trading fees for ETH & BTC pairs on Felix Exchange

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