Ftom Finance

Ftom Finance Protocol is designed by the Ftom Protocol team as the algorithmic stablecoin on Fantom Opera Network. The $FTOM algorithmic token serves as the support of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Opera network.

The protocol’s underlying mechanism dynamically adjusts $FTOM’s supply, pushing its price up or down relative to the price of $FTM.

Inspired by the original idea behind Basis as well as its predecessors (bDollar and Tomb Finance), Ftom.finance is a multi-token protocol which consists of the following three tokens:

1. Ftom ($FTOM): the algorithmic stablecoin with price pegged to $FTM
2. Ftom Shares ($FSHARE): which holders can claim FTOM reward emission when the network expands
3. Ftom Bonds ($FBOND): which can be purchased at 1:1 rate when the network is in contraction and can be redeemed with premium for FTOM the network returns to its inflationary state, above the price of 1 $FTM.

Features:

1. Boardroom (fBanks)

Epoch duration: 6 hours

Deposits/Withdrawal of FSHARE into/from fBank will lock FSHARE for 6 epochs and FTOM rewards for 3 epochs.

FTOM rewards claim will lock staked FSHARE for 6 epochs and the next FTOM rewards can only be claimed 3 epochs later

Distribution of FTOM during Expansion

80% as Reward for Boardroom FSHARE Stakers 18% goes to DAO fund

2% goes to DEV fund

2. fFarms

Stake your LP to earn FSHARE/FTOM tokens

Earn $FSHARE by FTOM-FTM LP

Earn $FSHARE by FSHARE-FTM LP

Earn $FTOM by FTOM-FTM LP

3. fBonds(FBOND)