Fantom Yield has concluded plans to position itself as the most secure, scalable, and effective FTM-based yield farming.
The project’s goal is to “offer users a secure platform to stake, bridge tokens over multiple chains, and earn rewards by StrongBlock Nodes-as-a-Service.”
Fantom Yield has established itself as a leader in the farming subsector with its integration with several established names in the cryptocurrency industry such as Polygon, Binance Smart Chain, Avalanche, Optimism, Harmony, and Arbitrum. Fantom Yield closed their pre-seed round ably supported by Kucoin Labs and Alameda Research.
Fantom Yield is an upcoming multi-purpose yield farming platform, powered by Fantom Network.
Features for users include:
- Yield Farming
Investors can lend or stake their tokens and receive interest or transaction fees as a reward. Hence, besides holding the token, they can make passive income through token staking or lending.
- Cross-chain Bridge Functionality
It also offers cross-chain bridge functionality that allows users to connect send their tokens or other cryptocurr ...