Fasttoken

 has expanded its presence on the CoinTR cryptocurrency exchange with a new trading pair, FTN/TRY ⚡️

FTN is the native currency of Bahamut blockchain, a public EVM-based layer 1 solution with a novelty consensus called Proof of Stake and Activity (PoSA).

⚡️ $FTN  has expanded its presence on the CoinTR cryptocurrency exchange with a new trading pair, FTN/TRY ⚡️     👀 Find more:  https://www.fasttoken.com/articles/ftntry-pair-is-now-available-on-cointr       #fasttoken  #ftn  #crypto  #tradingpair

 is now integrated into Calypso Pay, a leading all-in-one platform for processing cryptocurrencies ⚡️

⚡️ $FTN  is now integrated into Calypso Pay, a leading all-in-one platform for processing cryptocurrencies ⚡️      🐟 Find more: https://www.fasttoken.com/articles/ftn-is-now-integrated-into-calypso-pay    #fasttoken  #ftn  #integration

2,500,000 registered wallet addresses on Bahamut blockchain🐟

Celebrating the new milestone⚡️  2,500,000 registered wallet addresses on Bahamut blockchain🐟  #bahamut  #blockchain  #wallet

🐟 Bahamut Network is announcing its integration with FoxWallet.

 wallet facilitating access to a diverse array of dApps, managing digital assets, and engaging with various blockchain networks.

🐟 Bahamut Network is announcing its integration with FoxWallet.  🦊 FoxWallet is a multi-chain #web3  wallet facilitating access to a diverse array of dApps, managing digital assets, and engaging with various blockchain networks.  Find more at https://foxwallet.com/

🍅 Lolik is a decentralized liquid staking platform that supports staking on Bahamut 

 staking easy and accessible for everyone 🙌

🐟 Start your staking experience with Lolik:  

Introducing the #DeFi  platform deployed on #Bahamut  🐟      🍅 Lolik is a decentralized liquid staking platform that supports staking on Bahamut #blockchain .     Lolik makes #FTN  staking easy and accessible for everyone 🙌     🐟 Start your staking experience with Lolik:  https://www.lolik.com

## What is FTN ?

FTN is the native currency of Bahamut blockchain, a public EVM-based layer 1 solution with a novelty consensus called Proof of Stake and Activity (PoSA). FTN serves as the gas unit for Bahamut, enabling staking and block creation and validation mechanisms, as well as cross-chain operations. 

Initially, FTN was emitted as an ERC-20 token that serves as a utility token for the whole SoftConstruct - a leading IT solutions provider - ecosystem, enabling users to settle all kinds of business and personal arrangements between themselves and any of SoftConstruct’s products and services.

## What is Bahamut ?

Bahamut is an EVM-based, layer 1, public blockchain solution that aims to transform how distributed networks approach block rewards among network participants by adding a crucial parameter to the algorithm - activity. The activity parameter is represented by the amount of gas used by a validator's smart contract, and this amount is taken into consideration when distributing the chance to become a block proposer and earn rewards. Bahamut’s novelty consensus – Proof of Stake and Activity (PoSA) – has been developed by Fastex engineers. Currently, Bahamut has over 4200 validators, 600,000 transactions, and 200,000 FTN holders. 

PoSA is a variation of PoS (Proof of Stake), which adds a new parameter called activity. This activity is represented by the total amount of gas spent by a validator-deployed smart contract, and it is taken into account when determining the chances of becoming a validator in the next epoch. Put simply, the more activity a validator has, the higher their chances of becoming a validator in the future, and the greater the rewards they can earn.

## What is PoSA?

PoSA is a novel consensus algorithm that blends the strengths of PoS with an additional activity parameter. The activity parameter is calculated based on the usage of the smart contracts deployed on the network. In simple terms, the more a smart contract is used, the more impact it will have in the consensus process. This creates an incentive for contract developers to create high-quality, highly-used contracts, as they will have more impact in the network.

## How does PoSA work?

In PoSA, validators (i.e., nodes that validate transactions and blocks) must first stake a fixed amount of tokens, which is 8192 for all validators, to participate in the consensus process. This stake serves as collateral, ensuring that validators act in an honest manner. However, in PoSA, the ranking of a validator is determined not only by the size of their stake but also by the activity of their smart contracts.

The activity of a smart contract is the sum of all gas used by users when interacting with the contract. The more gas a contract uses, the more active it is considered to be. This activity is then combined with the validator's stake to determine their rank.

The advantage of this approach is two-fold. Firstly, it provides an incentive for developers to create high quality, highly used contracts, which helps to maintain the overall health and security of the network. Secondly, it helps to decentralize the network, as validators with high quality, high usability contracts will have a greater influence in the consensus process.

It's important to note that even validators without activity are still important to the network, as they play a role in maintaining its security and stability.

Ethereum

Shiba Inu

Chainlink

Pepe

Uniswap

Rocket Pool ETH

Orbler

Stader ETHx

Frax Staked Ether

MAGA

ERC20

Restaked Swell Ethereum

Zeebu

Turbo

Coinbase Wrapped Staked ETH

KAP Games

RAYN

OpSec

GameStop

Paycoin

MiL.k

aelf

BinaryX ($BNX) is the platform cryptocurrency for the BinaryX ecosystem, which includes the DAO and all products & games utilizing $BNX.
BinaryX began as a decentralized derivative trading system. Recognizing the burgeoning popularity of GameFi and interest in the metaverse games, the team gradually evolved into developing decentralized video games and is now fully transitioning to be a GameFi platform offering IGO services to bridge Web2 developers to Web3.

Some of the services provided by BinaryX  includes infrastructural support, a DAO governance system, and community building to scale promising gamefi projects and bring more innovation to the blockchain gaming sector.

BinaryX

DeXe

The Threshold network provides and maintains a suite of cryptographic primitives for several dApps. The network is the product of the protocol merger between the Keep Network and NuCypher, which was finalized on January 1, 2022 with the launch of the T token.

Threshold

tomiNet

Open Campus

ssv.network

Creditcoin

Maverick Protocol

Neutron

WEMIX3.0 mainnet is an “experience-based, platform-driven & service-oriented decentralized blockchain protocol” which powers a “mega-ecosystem” of web 3.0 platforms. The mainnet is a high-performance Ethereum Virtual Machine (EVM) compatible open-source protocol powered by the SPoA (Stake-based Proof of Authority) consensus mechanism. The mainnet claims to offer the highest security possible, based on decentralized on-chain governance via 40 Node Council Partners(NCP), also known as 40 WONDERS, while still ensuring high transaction per second (TPS). Consensus will evolve towards complete decentralization through a multi-phase democratized governance.

WEMIX

ALEX Lab

MX TOKEN (MX) is the native cryptocurrency token released by centralized exchange (CEX) MEXC in 2019. MX powers the MEXC ecosystem and provides its holders with access to unique functionality and other benefits of the platform. Holders have the right to vote on business decisions, team elections and gain priority participation in activities and more.

MEXC is a crypto exchange and P2P platform that provides access to spot, margin and futures trading. The exchange offers a versatile digital asset trading service, passive investment staking, DeFi tools and more. MEXC supports buy/sell transactions using fiat through the P2P market.

MX TOKEN

PayPal USD (PYUSD) is PayPal’s stablecoin, issued by Paxos.
Fully backed and regulated | 1 USD : 1 PYUSD

PayPal USD

Ribbon uses financial engineering to create structured products that deliver sustainable yield. Ribbon's first product focuses on yield through automated options strategies. The protocol also allows developers to create arbitrary structured products through combining various DeFi derivatives.

Structured products are packaged financial instruments that use a combination of derivatives to achieve some specific risk-return objective, such as betting on volatility, enhancing yields or principal protection.

Theta Vault is a new product that automates a covered call strategy to earn high yield on ETH. The vault runs a covered call strategy and sells out of the money call options on a weekly basis for yield.

The primary risk for running this strategy is that depositors could potentially give up upside in exchange for guaranteed yield. By selling a call option, users are basically promising to sell the asset at the strike price, even if it goes above it (a.k.a selling early). Because of this, if the price of the asset moves up significantly in a short period of time, it is possible for depositors to have "negative yield" on their ETH.

However, this only happens if ETH/USD appreciates significantly, so depositors will still be up in USD terms. The vault also sells call options that are very out of the money, which means there is a relatively low chance of the options getting exercised.

Ribbon Finance

Tether Gold (XAU₮) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of gold that meets the Good Delivery standard of the London Bullion Market Association (LBMA). This technology allows access to a stablecoin that provides ownership of physical gold while avoiding the drawbacks associated with physical gold, such as high storage cost and limited accessibility.
Note: XAU₮ tokens can be fractionated up to six decimal places (i.e. in increments as small as 0.000001 troy fine ounce).

Tether Gold

Rootstock Infrastructure Framework

Gnosis (GNO) builds decentralized infrastructure on Ethereum. Its mission has always been centered on experimentation and building decentralized infrastructure for the Ethereum ecosystem. When Gnosis was founded in 2015, it focused on building prediction markets to enable worldwide access to accurate information. While creating the prediction market platform, it became clear that Gnosis needed to build the infrastructure required to support it. Gnosis Safe, for example, was born of necessity.

Gnosis operates as a decentralized autonomous organization (DAO) which provides infrastructure for various types of decentralized applications (dApps), and builds products to transparently guide decisions on the development, support and governance of its ecosystem.

In November 2021, both the xDAI and GnosisDAO community voted to combine their vibrant ecosystems to create the Gnosis Chain: An Ethereum forerunner-companion that addresses scaling issues through solid engineering.