Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization.

FTM/USD Price

The FTM/USD price has been quite volatile, with many fluctuations in the past year. However, there is reason to believe that the FTM token has a bright future. In recent months, the token has shown significant growth, breaking through key resistance levels and reaching all-time highs.

How to Earn Passive Income on FTM

If you're looking for a way to earn passive income on FTM, there are several options available. One way is to stake your FTM tokens and earn rewards for helping to secure the network. Another way is to invest in FTM Duals through ReHold, a decentralized finance platform that offers up to 220% APR on FTM/USDT, FTM/USDC, and FTM/BUSD pairs.

Fantom (FTM) Price Prediction

Predicting the future price of FTM can be challenging, but many analysts believe that the token has significant growth potential. The platform's unique consensus algorithm and focus on scalability and security make it an attractive option for developers looking to build decentralized applications. Some experts predict that the FTM price could reach $2.00 by the end of 2023, while others are more bullish, predicting a price of $5.00 or more.

FTM Value

The value of the FTM token is primarily determined by market demand and supply. As the adoption and use of Fantom's protocols and chains increase, demand for the token may also increase, potentially leading to an increase in its value. The FTM token also has utility in the governance of the Fantom network, allowing token holders to vote on proposals and shape the future of the platform.

220% APR on FTM Duals

ReHold offers a unique DeFi earning solution. Using the innovative ReHold protocol at Dual Investments, you can earn up to 220% APR on pairs: FTM/USDT, FTM/USDC, and FTM/BUSD. This offers an exciting opportunity for investors looking to earn passive income on their FTM holdings.

How to Earn 220% APR on Fantom (FTM)

If you're interested in earning passive income on Fantom (FTM), ReHold offers a unique DeFi earning solution. You can earn a 220% APR on pairs such as FTM/USDT, FTM/USDC, and FTM/BUSD using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to try it out:

Connect your wallet Open the ReHold App and connect your web3 wallet. You can choose any web3 wallet that supports BNB Chain, Polygon, Avalanche, Optimism, Arbitrum, and Fantom.
Choose the Fantom (FTM) Dual asset Select the dual that you need: FTM/USDT, FTM/USDC, or FTM/BUSD. You can start a dual investment with each token of the pair.
Choose a staking period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive.
Choose the start token Select the start token and the amount you want to invest. You can use the Fantom (FTM) token or USDT, USDC, BUSD of the dual asset.
Approve the token To start a dual investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token.
Start your Dual Click on “Start Now” to create your Fantom (FTM) dual and receive your reward after the staking period. That's all! Your Dual is created, and at the end of the staking period, you can take your assets back to your wallet or open a new Dual.

Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically start when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.