Fantohm Profile (FHM)

Rating: Poor

Balanced Nano Cap

Project Safety Score

Tue, Feb 6, 2024 2:45 AM

	Market Cap	unknown
	Market Dominance	unknown
	24hr Volume	$779.81
	Price	$1.32

22%

Score

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Project Details
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Project Statement
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Name

Fantohm

Type

token

Platform

Fantom

FantOHM (FHM) is a market making token backed by other cryptocurrency assets. With mechanisms to ensure the price is always greater than or equal to 1 Magical Internet Money (MIM), the protocol provides heavy incentives for passive and active investors through staking and bonding respectively. As bonds are created the liquidity backing of FHM is distributed into newly minted FHM tokens with the goal being 1 FHM >/= 1 MIM. These new tokens are largely distributed to stakers while investors who have purchased bonds may access a discounted price point for FHM after their vesting period.

5/5

(2 reviews)

Ratings and reviews left by our members do not impact the profile score.

CryptoNurse 2 years ago

I am not sure where you get your stats from but clearly you missed the mark on this coin. FHM community sentiment is very positive. You can see evidence of this with over 92% of the token supply being staked in the platform. The team continues to deliver innovation in the space while being copied by other projects. This is one of the only projects in DeFi that I feel comfortable staking my coins and not checking it for weeks. I simply know there are still there and earning me money.

1 0

aetheric 2 years ago

FantOHM DAO is genuinely one of the best projects on Fantom network. Very under the radar, so severely underrated here for sure. The developers are very busy working on improving utility every day, and have recently released a seinorage style stablecoin that will ultimately have deflationary effects on the FHM token with swap and burn mechanisms. The strategy team has a background in finance, venture capital, in tradfi and defi spaces and advise on making investments that produce a great ROI. The team is regularly releasing new features and building utility and value along the way. The community is not your typical moonboi hyped up group of apes. More serious investor types that also like to have fun and enjoy the camaraderie of knowing we are early to a truly unique project in the crypto/defi space.

2 0

Showing records 1 - 2 of 2 ratings

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5/5

(2 reviews)

Market Cap Rank:

Voted:

moon

Bulls v Bears:

Bullish

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Fantohm News

Crypto DeFi Gets a Unique Stablecoin, Here Comes the FHUD
Mon, Feb 14, 2022 10:03 PM
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Introducing FHUD, FantOHM’s Revolutionary Stablecoin
Sun, Feb 13, 2022 10:03 PM
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FHUD 1.5: The Most Valuable Stablecoin This Year
Sat, Feb 12, 2022 10:03 PM
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Top 5 Low Cap Altcoins in Fantom
Sun, Jan 16, 2022 11:16 PM
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Chat with Ethereal about Fantohm

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