The Fantom Foundation announced via Twitter on Friday that FlokiFi has now joined its ecosystem. The FlokiFi Locker allows projects to securely lock liquidity pool (LP) tokens, NFTs, and ERC-1155 tokens for more peace of mind.
Following this latest development, projects building on Fantom can now lock their LP tokens or team/marketing/ecosystem tokens with FlokiFi Locker and get proof on the blockchain and a link on the FlokiFi website that they can show to their users to let them know the project has taken measures to prevent a rug pull from happening.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Fantom’s FTM coin is up by 4% in the last 24 hours and is currently trading at $0.2376.