Fantohm DAO The Decentralized Reserve Currency You Tube
Fantohm DAO The Decentralized Reserve Currency Description: Fantohm is building a communityowned decentralized financial infrastructure to bring more stability and transparency for the world. Fantohm is one of the first decentralized reserve currency protocol available on the Fantom Network based on the FHM token. Each FHM token is backed by a basket of assets MIM, FHMMIM LP Tokens etc etc) in the Fantohm treasury, giving it an intrinsic value that it cannot fall below. Fantohm also introduces economic and gametheoretic dynamics into the market through staking and minting. Our goal is to build a policycontrolled currency system, native on the FTM network, in which the behavior of the FHM token In the long term, we believe this system can be used to optimize for stability and consistency so that FHM can function as a global unitofaccount and mediumofexchange currency. In the short term, we intend to optimize the system for growth and wealth creation. We intend to achieve price flat
|
|