fantom (FTM / USD) published a proposal on December 1, where the project aims to implement an affiliate program for the decentralized application (dApp) developers with gas fees.
Fantom is a directed acyclic graph (DAG) smart contract platform that aims to provide Decentralizirane finansije (DeFi) services to developers and uses the FTM token to solve issues surrounding transaction speed.
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The proposal of cutting the token burn rate as a catalyst for growth
Based on the data which was seen in the new proposal, the Fantom community aims to slash the protocol’s current FTM token burn rate from 20% to 5%, a 75% cut.
“Uzimamo ono što funkcionira u web2 i restrukturiramo ga kako bi odgovaralo prioritetima mreže, što znači uzimanje modela monetizacije oglasa i proširenje na monetizaciju plina za izvođenje dApps-a koje uspijevaju privući stalan tok korisnika.” the developers behind Fantom wrote surrounding the proposal.
Furthermore, the team also elaborated that Fantom’s Opera network is not competing against YouTube or Twitter but aims to attract and retain high-grade talent on a continual basis within the Web 3.0 space.
The dApps must have recorded 1,000,000 or more transactions and have spent three months or more on the network in order to quality for the incentive.
Once approved, developers can claim 15% of the total gas fees spent on their dApp.
Trebate li kupiti Fantom (FTM)?
Dana 2. decembra 2022. godine, Fantom (FTM) je imao vrijednost od 0.2469 dolara.
The all-time high of the Fantom (FTM) cryptocurrency was on October 28, 2021, when it reached a value of $3.46. Here we can see that the token was $3.2131 higher in value at its ATH, or 1,301% higher.
When we go over the 7-day performance of the cryptocurrency, Fantom (FTM) saw its low point at $0.178784, while its high point was $0.258136. Here we can see a $0.079352 difference from the low to the high point, or by 44%.
However, when we take a look at the 24-hour performance of Fantom (FTM), we can see that its low point was at $0.234568, while its high point was at $0.258906. Here we can see a difference of $0.024338 or by 10%.
Investors will want to take the opportunity to kupiti FTM, as the token can climb to $0.3 by the end of December 2022.
Source: https://invezz.com/news/2022/12/02/fantom-price-movement-after-the-proposal-to-cut-token-burn-rate-by-75/