DeFi on the Fantom network - innovative and disruptive yield generating opportunities


In this article I'm going to talk about the Fantom network. Fantom or FTM is the native cryptocurrency of the Fantom blockchain, much like ETH is the native coin of the Ethereum network. Fantom currently has a $6.1 billion market cap. The quality of their DeFi protocols and the interaction between them makes this one of the most interesting plays in DeFi right now for those looking to make outsized returns. Let's take a look at all the innovative and disruptive yield generating opportunities.


I'm going to start this by listing some protocols and we will look closer at several of them later in the article:


  • Reaper_Farm = Auto-compounder

  • SpookySwap = farm / AMM (Automated Market Maker)

  • Spirit_Swap = farm / AMM

  • beethoven_x = farm / AMM

  • TarotFinance = Leverage LP farming

  • Screamdotsh = Lending / borrowing

  • Geist Finance = Lending / borrowing

  • Liquid Driver = Sustainable farming driving liquidity

  • Tomb Finance = Wild staking APY on FTM

  • Grim Finance = Auto-compounder

  • Paint_Swap = NFT marketplace

  • Scarecrowdefi = Yield Farm with high APY

Okay, before you use FTM, you need to set up your Metamask with the Fantom Opera Mainnet (if it's not there already).


This guide will walk you through the process: https://docs.fantom.foundation/tutorials/set-up-metamask…