Article Summary, Automatically Generated By AI
About Fantom USD
- Fantom offers the first DeFi stack built on an aBFT consensus.
- Features: faster, cheaper, more reliable, and secure than predecessors.
- fUSD can be minted using FTM.
- fUSD use cases: trade synthetic assets, lend to earn interest, borrow synthetic tokens.
About Fantom USD (fUSD): A Decentralized, Stable, and Efficient Alternative
Fantom pioneers the inaugural DeFi stack, harnessing the power of aBFT consensus. This innovative approach yields a significantly faster, more affordable, and remarkably reliable and secure experience, surpassing its predecessors in every aspect.
On Fantom, you can leverage your FTM holdings to mint fUSD, thereby gaining access to a plethora of DeFi tools. Furthermore, you can utilize fUSD to trade synthetic assets or lend it to accrue interest, while also borrowing synthetic tokens.