Fasttoken
ftn#100$1.09
-0.06% (24h)
24H Price
Market Cap
$472.2M
24h Volume
$39.31K
Circulating Supply
433.86M FTN
Max Supply
1B FTN
24h High
$1.09
24h Low
$1.09
All Time High
$4.61
All Time Low
$0.334201
Price Change
About Fasttoken
What is Fasttoken (FTN)? FTN is the native coin of Bahamut - public, layer 1 EVM-based blockchain solution with a novelty consensus - PoSA. PoSA stands for Proof of Stake and Activity, where Activity is represented by the amount of gas spent by users when interacting with a validator-deployed smart contract. The more gas usage the given smart contract has, the more chances for the validator-deployer to become a block producer in future epochs. What makes Bahamut unique? The main unique aspect of Bahamut is the PoSA consensus, which introduces new ways for businesses to monetize their user base, while preserving the integrity and transparency of the web3 space. History of Fasttoken (FTN): FTN was originally an ERC20 token of SoftConstruct and Fastex ecosystems. After Bahamut mainnet launched on May 3, 2023 with FTN as its native coin, the migration process started from Ethereum to Bahamut and is still an ongoing process.