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Wrapped Fantom

Wrapped Fantom

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Wrapped Fantom is a representation of Fantom's native token, FTM, in a format that is compatibl...

Stage
Series B
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale

About

Wrapped Fantom is a representation of Fantom's native token, FTM, in a format that is compatible with the Ethereum blockchain. This adaptation allows FTM to be utilized within the decentralized finance (DeFi) ecosystem, facilitating smoother and more efficient interactions with DeFi applications. The concept of "wrapping" a cryptocurrency involves issuing a token on a blockchain (such as Ethereum) that represents a 1:1 pegged value to another token on a different blockchain.

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Verified Series B project.

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