What is Fasttoken (FTN)?

By CMC AI
07 January 2026 11:08PM (UTC+0)

TLDR

Fasttoken (FTN) is the native cryptocurrency of the Bahamut blockchain, serving as the foundational utility token for Fastex's integrated ecosystem of decentralized applications, payments, and digital services.

  1. Utility-driven token – Powers transactions, staking, and governance within Bahamut's EVM-compatible blockchain.

  2. Novel consensus mechanism – Uses Proof of Stake and Activity (PoSA) to reward developers for creating high-usage smart contracts.

  3. Ecosystem integration – Enables cross-platform functionality across Fastex's exchange, NFT marketplace, and payment solutions.

Deep Dive

1. Purpose & Value Proposition

FTN solves fragmentation in blockchain ecosystems by unifying decentralized services under one token. It streamlines transactions across Fastex’s products—including gaming platforms like Ortak, DeFi protocols like Mutuari, and e-commerce integrations—reducing friction for users and developers. By embedding FTN across SoftConstruct’s global IT infrastructure, it bridges traditional industries with Web3 utilities like crypto payments and NFT marketplaces.

2. Technology & Architecture

Bahamut, FTN’s native blockchain, is an Ethereum Virtual Machine (EVM)-compatible layer-1 network. Its innovation lies in Proof of Stake and Activity (PoSA), a dual-incentive consensus where validators earn rewards not only for staking FTN but also for deploying widely used smart contracts. Activity is measured by gas consumption, encouraging developers to build applications with real-world adoption. This architecture prioritizes scalability for dApps while maintaining low transaction costs.

3. Tokenomics & Governance

FTN has a fixed max supply of 1 billion tokens, with ~436 million circulating (as of Jan 2026). Distribution includes:
- Staking/validation: 12% allocated to secure Bahamut.
- Ecosystem growth: 24% for developer grants and user incentives.
- Governance: Token holders influence upgrades via voting.
FTN’s utility spans gas fees, cross-chain operations, and loyalty programs like the SoftConstruct Crypto Reward Program, which reimburses users for platform engagement.

Conclusion

FTN anchors a multi-product ecosystem designed to merge decentralized and traditional finance, leveraging Bahamut’s activity-based consensus to foster developer innovation. How will PoSA’s unique reward model reshape incentives for sustainable dApp growth in competitive layer-1 markets?

CMC AI can make mistakes. Not financial advice.