Sara
Sat Nov 02 2024
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5 answers
1197
What is Fantom Finance?
Fantom Finance is a decentralized finance (DeFi) platform built on the Fantom blockchain. It offers two main components: fLend and fTrade, allowing users to lend, borrow, and trade synthetic assets with high liquidity and fast transactions. Fantom Finance aims to provide transparent and verifiable APR for users who stake their FTM tokens to mint fUSD, which can then be lent to the liquidity pool for returns or used to borrow synthetic assets for trading.
