Back to News

Fantom Submits A New Governance Proposal

Twitter icon  •  Published 9ヶ月前  •  Hassan Maishera

The Fantom Foundation informed its community members via Twitter that it has submitted a new proposal that seeks to redirect all tokens in the Fantom Ecosystem Vault toward a Gitcoin Grants program.

The Fantom Foundation informed its community members via Twitter that it has submitted a new proposal that seeks to redirect all tokens in the Fantom Ecosystem Vault toward a Gitcoin Grants program.

The proposal also seeks to update and replace any existing governance rules for the Fantom Ecosystem Vault with a new set of rules, termed the Vault Governance Charter.

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Fantom’s FTM coin is down by 4% in the last 24 hours and is currently trading at $0.2895.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.