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How do You Get Free Coins on Fantom? 3 Ways!
Manage episode 323465552 series 2152271
Click on the link below to learn more.
https://www.trustthelink.com/how-do-you-get-free-coins-on-fantom-3-ways/
Hey wutzup, Today I want to talk about Fantom and share 3 ways I've discovered to get FREE coins. I love free stuff. I'm the guy that goes to Costco and gets all the free samples. You can get free coins on Fantom with staking and the longer you stake the higher the rewards.
You can get free coins from Fantom Faucets. Faucets are websites where you can earn a small number of coins. You can get free coins when you participate in liquidity mining. Liquidity mining is when you get rewarded for providing liquidity or money. Some people call it yield farming. You might be wondering what the hell is fantom and why should u care.
What makes Fantom special is instead of using a blockchain it uses a graph, where transactions are written on top of each other. It can process up to 20,000 transactions per second compared to Bitcoin which can handle 7 transactions a second.
The gas fees are very low and it does smart contracts like Ethereum. It is also Ethereum compatible so someone can run Ethereum Daaps on the Fantom network. It also has a DEFI (Decentralized Finance) on it. You can create tokens, take out loans, and trade these tokens. There are 176 different kinds of these tokenized assets. These assets include cryptocurrencies, national currencies, and commodities.
Commodities are things like wheat, oil, and gold. The challenge with Fantom is there are only 60 validators, so It's not very decentralized. A validator is someone who is responsible for verifying transactions of the blockchain Validators need to stake a minimum of 500,000 FTM. A validator's whole stake will be slashed will be removed if they try to manipulate transactions.
To learn more simply click on the link in the description or go to trustthelink.com. I walk you through step by step each of the 3 ways to get FREE Fantom coins and how to do it. I talk a lot more about the Fantom project. I also share a large controversy with Fantom. Recently, the price dropped a lot and I talk about that as well. I hope this video or podcast was helpful.
Also, what do you think of Fantom does it have potential? Is it a shitcoin, please share your thoughts in the description. Lastly, if you know of another way to get free fantom tokens please share in the comments. Bye for now.
296 episoder
Manage episode 323465552 series 2152271
Click on the link below to learn more.
https://www.trustthelink.com/how-do-you-get-free-coins-on-fantom-3-ways/
Hey wutzup, Today I want to talk about Fantom and share 3 ways I've discovered to get FREE coins. I love free stuff. I'm the guy that goes to Costco and gets all the free samples. You can get free coins on Fantom with staking and the longer you stake the higher the rewards.
You can get free coins from Fantom Faucets. Faucets are websites where you can earn a small number of coins. You can get free coins when you participate in liquidity mining. Liquidity mining is when you get rewarded for providing liquidity or money. Some people call it yield farming. You might be wondering what the hell is fantom and why should u care.
What makes Fantom special is instead of using a blockchain it uses a graph, where transactions are written on top of each other. It can process up to 20,000 transactions per second compared to Bitcoin which can handle 7 transactions a second.
The gas fees are very low and it does smart contracts like Ethereum. It is also Ethereum compatible so someone can run Ethereum Daaps on the Fantom network. It also has a DEFI (Decentralized Finance) on it. You can create tokens, take out loans, and trade these tokens. There are 176 different kinds of these tokenized assets. These assets include cryptocurrencies, national currencies, and commodities.
Commodities are things like wheat, oil, and gold. The challenge with Fantom is there are only 60 validators, so It's not very decentralized. A validator is someone who is responsible for verifying transactions of the blockchain Validators need to stake a minimum of 500,000 FTM. A validator's whole stake will be slashed will be removed if they try to manipulate transactions.
To learn more simply click on the link in the description or go to trustthelink.com. I walk you through step by step each of the 3 ways to get FREE Fantom coins and how to do it. I talk a lot more about the Fantom project. I also share a large controversy with Fantom. Recently, the price dropped a lot and I talk about that as well. I hope this video or podcast was helpful.
Also, what do you think of Fantom does it have potential? Is it a shitcoin, please share your thoughts in the description. Lastly, if you know of another way to get free fantom tokens please share in the comments. Bye for now.
296 episoder
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