Andre Cronje: Fantom holds assets worth over 300 million dollars, with an annual income exceeding 10 million dollars

ChainCatcher news, Fantom founder Andre Cronje published a post revealing Fantom's financial status. He stated that as of November 2022, there are still over 450 million FTM (valued at approximately 80 million USD), over 100 million USD in stablecoins, over 100 million USD in other crypto assets, and 50 million USD in non-crypto assets. Meanwhile, the salary expenditure is about 7 million USD per year, and the current funds are still sufficient to pay salaries for 30 years.

In addition, Fantom currently has an annual income of over 10 million USD (excluding any capital gains), mainly from validator income, network income, DeFi income, etc., with positive cash flow. (source link)