tl;dr
The Fantom Foundation recently made a significant change to its staking system, reducing the validator self-stake requirement from 500,000 FTM to 50,000 FTM tokens. This decision aims to increase network participation, improve security, and enhance transaction speed. Despite the reduction, the FTM t...
The Fantom Foundation recently made a significant change to its staking system, reducing the validator self-stake requirement from 500,000 FTM to 50,000 FTM tokens. This decision aims to increase network participation, improve security, and enhance transaction speed. Despite the reduction, the FTM token price has declined, and the network's total value locked has also dropped significantly.
The layer-1 blockchain network Fantom had made a major change to its staking system in an effort to become more decentralized. The Fantom Foundation recently reduced the validator self-stake requirement, making network participation much more accessible. On January 15, the Fantom Foundation announced that it had reduced the validator staking requirement from 500,000 FTM to 50,000 FTM tokens. The 90% drop followed a governance vote, it added.
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