AC Twitter is strongly supporting Fantom, with FTM price rising over 420% in the past month
Currently, AC's job status on the Fantom official website has been updated to "DeFi Architect."Author: Richard Lee
On September 5, Yearn.finance founder Andre Cronje (hereinafter referred to as "AC") announced on Twitter the launch of the Loot clone game Rarity on the Fantom blockchain. Today, AC wrote a detailed explanation of the six core attributes of Rarity summoners, continuing the trend of AC supporting Fantom on his Twitter feed since August 30.
On September 1, AC tweeted to promote the NFT commission-free trading platform Artion that is being prepared by Fantom, and also shared images revealing the construction of an ETH-Fantom NFT cross-chain bridge.
On August 30, AC tweeted that the Fantom Foundation would airdrop FTM to users who have used cross-chain bridges such as Anyswap, Polygon, Avalanche, and Ren Protocol to pay for cross-chain fees.
As a key leader in the YFI ecosystem and one of the most influential developers in the DeFi ecosystem, AC has been actively promoting the Fantom blockchain and the smart contract automation project Keep3r on Twitter for most of the past few weeks. Just yesterday, he even retweeted SBF's bullish tweet on SOL from earlier this year, stating that he is waiting for the FTM price to reach $3.
FTM is the native token of the Fantom blockchain, which is a smart contract platform based on DAG (Directed Acyclic Graph) technology, aimed at overcoming scalability and confirmation time issues of blockchain platforms. Previously, AC served as the chairman of the technical committee and technical advisor for Fantom. Currently, the Fantom official website shows that AC's position status has been updated to "DeFi Architect."
Earlier this year, AC promoted the integration of several projects under his leadership, including Keep3rV1, Cream, Sushiswap, and Yearn, with Fantom. Subsequently, Fantom has successively collaborated with projects such as Chainlink, The Graph, and Ren Protocol to further enhance its infrastructure.
Recently, Fantom has made further efforts in ecological construction, announcing an incentive plan of 370 million FTM (Fantom native tokens), currently valued at over $480 million. If a protocol is deployed on Fantom and maintains a time-weighted average total locked value (TVL) above $5 million or $100 million for an extended period, it can apply for rewards ranging from 1 million to 5 million FTM.
In the past month, the price of FTM has increased by over 420%, currently priced at $1.3, with a circulating market cap of approximately $3.3 billion.
