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Fantom Staking

Notum wallet empowers you to buy Fantom (FTM) with a credit or debit card securely and within a minute! Start your best Fantom investment right here, right now.

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Fantom Rewards Calculator

6% APY
FTMFantom

Not found

Current value

$0

10 FTM

Monthly Earning

$0

0.05 FTM

Early Earning

$0

0.6 FTM

How to stake Fantom? Step-by-Step Guidelines

1

Choose your crypto

Choose from a great variety of cryptocurrencies those you’d like to buy.

2

Enter the amount

Enter the amount of FTM or fiat currency that you wish to stake.

3

Select Validator

Deals from various validators may vary. You can decide on whatever you believe to be most profitable.

4

Confirm deposit

Confirm the amount you want to stake sign the transaction to deposit your investments.

5

Easily receive profit

Once needed easily withdraw crypto your crypto profits and position.

About Fantom (FTM)

Fantom (FTM) is a blockchain platform that aims to provide fast, scalable, and secure solutions for dApps and smart contracts. Launched in 2018, Fantom uses a Lachesis consensus mechanism, which enables high transaction throughput and low latency. The Fantom ecosystem supports various use cases, including DeFi, NFTs, supply chain management, and more.

One notable feature of Fantom is its integration with Ethereum, allowing for the seamless transfer of assets and interoperability between the two networks. This enables developers to use existing Ethereum smart contracts and expand their applications to the Fantom ecosystem. Furthermore, Fantom has gained attention for its low transaction fees and quick confirmation times, making it an appealing choice for developers and users seeking efficient and cost-effective blockchain solutions.

What Is FTM?

FTM token is the native cryptocurrency of the Fantom platform. It serves as a utility token within the network and plays a crucial role in facilitating transactions and powering the ecosystem. FTM token holders can use it for various purposes, including paying transaction fees, participating in network governance, and accessing dApps built on the Fantom platform.

As a decentralized and scalable blockchain solution, Fantom aims to provide fast and cost-effective transactions, making FTM token an essential component of the network's functionality. Additionally, FTM token holders can participate in staking, where they lock their tokens as collateral to secure the network and earn rewards.

Staking Options

FTM token offers various staking options within the Fantom network, allowing token holders to participate in securing the network and earning rewards:

  • Validator Staking. By staking a certain amount of FTM tokens, users can participate in block validation. Validators are responsible for proposing and validating new blocks, and in return, they earn staking rewards.
  • Delegator Staking. If users don't want to run their own validator node, they can delegate their FTM tokens to a trusted validator. Delegators stake their tokens with a validator of their choice, and the rewards earned by the validator are distributed among the delegators based on their stake.

Strategy for Choosing Between Provided Options

Before you choose a platform for Fantom staking, take these factors into account:

  1. Security and reputation. The chosen platform should successfully work and have a history of secure operations. Don’t forget to read user reviews for getting the full picture.
  2. Annual Percentage Yield (APY). As in case with APR in banks, it’s important to compare APY on different platform. Also pay attention to risks and potential rewards.
  3. Simplicity and customer support. While some platforms may be too difficult to use, others are intuitive. Be sure the platform chosen has a good customer support you may contact in case of any issues.
  4. Staking lock-up period. Be sure the lock-up period meets your expectation, because some platforms require up to a year.

How to Stake Fantom? 

DYOR: Dive into the staking details below to ensure you fully comprehend the process, benefits, and potential risks associated with staking.

  1. Choose Your Stake Type: Decide whether you’d like to engage in traditional staking or liquid staking. The latter offers more flexibility, allowing you to trade your staked assets.
  2. Explore Staking Options: Notum provides staking options for various cryptocurrencies. Browse through to find the one that aligns with your chosen currency and staking type.
  3. Buy a Staked Asset: Once you’ve made your choice, proceed to obtaining the staked asset on Notum. Our platform ensures a smooth and secure transaction process.
  4. Explore Staking Options: Notum provides staking options for various cryptocurrencies. Browse through to find the one that aligns with your chosen currency and staking type.
  5. Monitor Your Staking: After staking, it’s essential to keep an eye on your investment. Use Notum’s intuitive dashboard to monitor your staking progress and returns.

Explore Fantom (FTM) in Notum

Click to find out more about Fantom FTM. This information will help you make better investment decisions and thus boost your income.

Related assets

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FAQ

  1. How to Stake FTM?

    To stake FTM tokens, you can start from buying FTM tokens from a reputable crypto exchange. Next, set up a compatible wallet that supports FTM, such as the Fantom Opera Wallet or a hardware wallet like Ledge, and choose a trusted validator or set up your own validator node. Delegate your FTM tokens to the validator through their staking interface, locking them for a specific period.

  2. How Long Is My staked FTM Locked Up For?

    The lockup period for staking FTM tokens can vary depending on the staking mechanism you choose. Usually, the lock-up period can range from a few days to several weeks or months. It's important to carefully review the terms and conditions of the staking platform or validator you are using, as they will provide information about the lock-up period associated with staking FTM tokens.

  3. How Do I Choose Fantom Validators?

    When choosing Fantom validators, it's crucial to consider factors such as reputation, performance, security practices, and infrastructure. Research and evaluate different validator nodes on the network, looking for a track record of reliability and high uptime. Additionally, consider parameters like staking requirements, fees, and potential rewards.

  4. How Are Fantom Staking Rewards Generated?

    Fantom staking rewards are generated through a combination of block rewards and transaction fees. Fantom validators can earn block rewards for successfully validating and adding new blocks to the blockchain. Additionally, validators can collect transaction fees generated by users on the network who initiate transactions or interact with dApps on the Fantom platform. The amount of staking rewards earned depends on the validator's stake, performance, and overall network activity.

  5. What Are the Risks of Staking FTM?

    Staking FTM includes such risks as potential slashing penalties for validators who behave maliciously or fail to meet network requirements, the possibility of network vulnerabilities or attacks that could impact the staked FTM, and the volatility of the cryptocurrency market, which can affect the value of the staked tokens.

  6. What Are the Tokenomics of FTM?

    FTM is designed to support the ecosystem and incentivize participants. It has a maximum supply of 3.175 billion tokens. The tokens are used for network operations, such as transaction fees, staking, and participating in governance. Staking FTM allows participants to earn rewards, while transaction fees help secure the network and incentivize validators. Additionally, FTM tokens are used for governance voting and participating in the decision-making process of the Fantom protocol.