FTN is now available on Mutuari DeFi protocol

FTN is now available on Mutuari, a decentralized finance lending protocol running on the Bahamut Chain. The new asset expands the platform’s lineup to include FTN alongside USDT, USDC, AMDT, wETH, and wsFTN. Mutuari is a peer-to-peer lending protocol that uses an advanced algorithm to determine lending rates and match lenders with borrowers. Lenders can deposit cryptocurrencies into smart contracts to get interest, while borrowers can deposit their collateral and borrow from any available cryptocurrency. The loan rates are automatically determined by the liquidity within each cryptocurrency. Mutuari is an anonymous, permissionless, and decentralized protocol with no KYC or verification required, providing privacy and security for all users.

For more information about Mutuari and its FTN support, visit Mutuari’s website. About Fasttoken (FTN)

Fasttoken operates on Bahamut, an EVM-compatible, layer-1 public blockchain using a unique Proof of Stake and Activity (PoSA) consensus mechanism. PoSA incorporates activity levels into the consensus process, incentivizing developers to create widely used smart contracts.

FTN supports key blockchain operations, including staking, block validation, and cross-chain activities. Its total supply is capped at 880 million tokens, with allocations designed to balance short-term and long-term objectives.