Fantasm FSM
FSM

$0.00164368

0.16%
  • Market Cap
    $83.562
  • 24 Hour Trading Vol
    $27.636
  • Fully Diluted Valuation
    $83.562
  • Circulating Supply
    50,838
  • Total Supply
    50,838
  • Max Supply
    50,838
Fantasm FSM
Fantasm Finance (FSM) is a Fantom DeFi protocol for minting synthetic xFTM, staking/locking, and earning rewards.
Socials
Category
DeFi
Fantasm FSM Converter
FSM
1 FSM = $0.00164368
FSM Statistics
  • Fantasm FSM Price
    $0.00164368
  • Trading Volume
    $27.636
  • Market Cap
    $83.562
Fantasm FSM Price Chart (FSM)

Loading...

24h
7d
30d
3M
1Y
YTD
+0.16%
+17.03%
+25.43%
+51.54%
+59.33%
+3.24%
About Fantasm FSM

Fantasm Finance is a DeFi platform focused on building and expanding access to synthetic tokens within the Fantom Ecosystem. FSM serves as the protocol utility token. When a user creates xFTM, they deposit FTM into the protocol; the FSM required for that minting is then burned. During redemption of xFTM, the protocol returns FTM and creates the amount of FSM needed. The FTM-to-FSM token relationship used in both minting and redeeming is set by the Collateral Ratio. 

FSM token holders may either stake their FSM (with no lockup) or lock it for an 8 weeks Lockup period. After choosing to lock, the user cannot withdraw their FSM until the 8-week period ends. It is NOT possible to exit early from a locked position by paying a penalty. 

Earnings come in 2 forms: rewards in FTM and rewards in FSM tokens. Earning both FTM and FSM tokens is available only to users who choose to LOCK their FSM.

Fantasm FSM Markets
ExchangePairLast PriceChange (24H)High (24h)Low (24h)SpreadVolume (24h)

Rows per page:

0–0 of 0

Popular Cryptocurrencies
Growth Leader (24 hours)
..
dYdX
+14.23%
$0.137
Leader in trading volume (24 hours)
..
Bitcoin
$14.7B

© Token Radar 2024. All Rights Reserved.
IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.