Hustlepedia is back today with a long overdue DeFi ecosystem overview, and today we deep dive into the projects on the Fantom Opera blockchain, as Fantom is building an extensive DeFi ecosystem underneath its layer one capabilities, and most of the Fantom ecosystem is undertraded and undervalued, due to all FTM projects being only on decentralized exchanges. Fantom announced this week that they are building a Fantom specific Binance Cloud exchange to trade Fantom Opera tokens on a centralized platform. When this goes live, these projects overall value, trading volumes and the buzz around them will be massively increased with less of a barrier to entry into investing in the ecosystem, as many retail or new investors will not go through the process of setting up Fantom Opera network and getting involved in the ecosystem until its offered somewhere more accessible and mainstream. Now is the time to take a look into the projects on Fantom Opera network, from DEX exchanges like SpookySwap and SpiritSwap, algorithmic stable coin TOMB, and its lucrative yield opportunities through TOMB-FTM and TSHARES, to defi liquidity and lending protocols such as SCREAM or GRIM, and NFT Wallet applications such as ArtWallet, there is tons of value across the whole Fantom ecosystem. We dive into my favorite upcoming projects on Fantom, as well as how to connect to Fantom Opera on your MetaMask, bridge tokens from ERC or BSC to the Fantom Opera network, and how to access a faucet to fund initial FTM gas liquidity into your wallet to start swapping Fantom tokens. This is hands down one of my favorite ecosystems across the entire blockchain, and will be keeping my eyes on it closely.
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1:27 Fantom Ecosystem Overview
2:37 How to Setup Fantom Opera Network
3:12 How to Bridge Tokens to Fantom Opera Wallet
3:34 How to Use a FTM Faucet for Starting FTM Gas Liquidity
8:10 Tomb & TShares Explained (330% APR!!!)
11:38 Spell Token
12:58 SCREAM (DeFi Lending Protocol & NFT Drop)
14:57 Yoshi Exchange
17:14 GRIM Finance
19:27 ArtWallet – NFT Wallet App Coming to iOS and Android
20:36 BONUS: FantomStarter
21:10 Summary & Why I’m Bullish on the Fantom Ecosystem