Deep Dive
1. PoSA Consensus Upgrade (9 July 2025)
Overview:
The Proof of Stake and Activity (PoSA) mechanism now weights validator rewards based on smart contract usage frequency, incentivizing developers to build widely adopted dApps.
Validators earn "activity points" when their deployed contracts are used, increasing their block validation chances. This update aligns economic incentives with ecosystem growth, moving beyond pure token holdings.
What this means:
This is bullish for FTN because it rewards utility creation over passive staking, potentially attracting more developers to Bahamut blockchain. (Source)
2. Crypto Card Integration (23 July 2025)
Overview:
Fastex’s upgraded crypto card links directly to user exchange accounts, enabling real-time FTN spending without converting to fiat.
The integration required optimizing gas fee structures and implementing instant settlement modules on Bahamut.
What this means:
This is neutral for FTN in the short term but improves real-world usability, a critical factor for long-term adoption. (Source)
3. FTN Notes Authentication (23 July 2025)
Overview:
Each physical FTN Note (1:1 FTN-backed) is tied to an NFT, which is burned upon redemption via smart contracts.
Anti-counterfeit features leverage Authentix’s verification layer, requiring on-chain validation checks for note authenticity.
What this means:
This is bullish for FTN because it bridges physical and digital asset liquidity while maintaining supply scarcity through burn mechanics. (Source)
Conclusion
Fasttoken’s codebase updates emphasize utility-driven economics (PoSA), seamless spending (crypto card), and hybrid asset infrastructure (FTN Notes). How will these integrations impact FTN’s role in Web3 payment ecosystems as adoption scales?