Fantom, a relatively new platform in the blockchain industry has been making headlines recently due to its recent surge in price and revolutionary network speed and performance.
The platform has undeniably been gaining traction and widespread support since the launch of their last upgrade set to improve transaction speeds that were already unparalleled by its competitors. Something that has helped this platform gain momentum is the amount of effort they have been putting towards gathering feedback about current popular blockchain technology by users and fellow platform projects, seeing where these platforms may be falling short and improving where they can.
Below, we go over some of the efforts that Fantom is putting towards helping improve the DeFi space.
Fixing financial roadblocks
A major factor that dissuades people from involving themselves in the cryptocurrency field can be financial barriers. People often see the higher transaction fees as a deterrent to adopt to the technology. The same can be seen