Fantom awards eight grants to select projects growing the network
 

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Fantom Foundation, the organization working closely with partners to support the adoption of the Fantom blockchain network, has announced a new grant offering to a group of projects it believes will accelerate growth on the network. Fantom is a modular, scalable, and customizable smart-contract platform. Lachesis, the aBFT consensus algorithm developed by Fantom. is fully compatible with the Ethereum Virtual Machine (EVM) and it can be integrated with the Cosmos SDK.

Grant recipients include:

Coordinape

Coordinape allows decentralized teams and DAO’s without top-down management or HR to autonomously allocate and reward funds to contributors.

APY Vision

APY.vision*is an all-in-one dashboard for managing your DeFi Liquidity Pools and tracking Gains/Impermanent Losses in real-time. APY.vision is quickly growing to support a wide range of AMMs.

Cryptokek

Cryptokek is a user-friendly multi-chain charting and data analytics tool for cryptocurrencies.

Millennial Finance

A development studio building cross-chain and DeFi tools like NFT DAOs focused on collaborative art and specialized liquidity pools and tokens. Millennial recently released a cross-chain tool called Zaps.

Mushroom

Mushroom*Finance is crypto earning vault focused on helping users earn sustainable, passive income by automating yield farming and auto-compounding profits. In early May, Mushrooms launched on Fantom with a set of high-yield farming pools.

SpookySwap

An automated market-making (AMM) decentralized exchange (DEX) for the Fantom Opera network. SpookySwap has been rapidly growing its community with airdrops, NFT giveaways, and more.

SpiritSwap

SpiritSwap*follows a classic AMM model to offer a platform for profitable trading, staking, and farming on the Fantom network.

Hyperjump

Hyperjump is a project on both the Fantom Opera Chain and Binance Smart Chain that is dedicated to blending e-Gaming with DeFi.

Source: fantom.foundation