Fantom is a fast, high-performance, open-source Layer-1 smart contract platform that hosts multiple digital assets and decentralized applications. FTM is the name and ticker symbol for the native ERC-20 token of the protocol. Fantom aims to solve the blockchain trilemma, which discusses the trade-off between scalability, security and decentralization via a directed acyclic graph (DAG)-based model. It uses the Lachesis consensus algorithm, a DAG-based asynchronous algorithm integrated with its mainnet. The technology enables the network to scale to several nodes distributed worldwide in a permissionless and open environment. The Lachesis Consensus Algorithm also allows the protocol to facilitate 300,000 transactions per second. In addition, the Opera Mainnet, which enables smart contracts through the Ethereum Virtual Machine, employs a leaderless Proof-of-Stake consensus to enhance security. Being a one-stop suite for decentralized finance, Fantom gives its users an array of financial operations such as liquid staking, crypto-asset minting, lending, borrowing and trading. While its official wallet, fWallet, lets you transfer money, stake FTM and access the overall ecosystem. FTM is primarily used to secure the network via a proof of stake system, govern on-chain, and pay network fees. FTM can also be staked to delegators that operate the network. FTM is also the main currency of exchange on Fantom and can be used in the network’s variety of DApps and to collect Fantom NFTs. FTM is also used as a governance token, and gives holders the right to vote on important governance proposals regarding the continued development of Fantom Opera. Fantom is EVM-compatible, meaning developers can deploy decentralized applications and build on the network at a low cost. In addition, their integration with oracle providers, such as Chainlink and Band Protocol, gives developers the flexibility to access price feeds.