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55564886 No.55564886 [Reply] [Original]

Is it really over for Fantom?

>> No.55564982

>>55564886
it's a shitcoin during the bear market. what did you expect?

>> No.55565016

If the foundation leaves their investors out to dry from this multi shit then yes they're dead. Same for kava and any other chain who was partnering with multi

>> No.55565309

FUCK BECKER

>> No.55565387

>>55564886
>is fantom dead for the xth time?
no
also fuck becker

>> No.55565394

>all of the defi apps that made fantom interesting at all going multichain to distance themselves
>Stables all fucked
>Defi participants all fucked
It's certainly not looking great

>> No.55565396

>>55564886
I wish. End my suffering from this shitcoin

>> No.55565585

I have Fantom on the Opera blockchain. how can I move it to the ETH blockchain?

>> No.55565588

>>55564886
You fuckers should thank Lord for making fantom such an insufferable peace of shit chain. Multichain hack is free money if u have at least room temp iq

>> No.55565891

>>55565588
Explain like I’m five years old

>> No.55566176

>>55565891
Tremendous amount of debt erased in a sec.

>> No.55567364

>>55565585
One way is spookyswap's cross-chain swap (which uses squid/axelar). The other is layer zero's bridge but I'm not sure where the UI is to use that.

>> No.55567419

>>55565585
Axelar: https://app.squidrouter.com/
LayerZero: https://stargate.finance/transfer

>> No.55567547

Not at all. Its TVL was already embarrassingly low before the hack, so losing half of it isn't exactly a huge deal all things considered. And they already have stable alternatives lined up and working, on top of game-changing stuff like FVM still being worked on. If I was wrong, FTM would be sub 10 cents right now.

>> No.55568930

>>55564886
no, Andre is a genius

>> No.55569596

>>55564886
No
It's one of the best L1's there is and this should be an obvious fact, but nobody pays attention to anything except for retarded smelly shills that completely permeate /nubiz/ these days.

>> No.55569697
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55569697

>> No.55569717

>>55564886
I have a bag. I don't know why. I stake it anyway. What exactly does this thing do?

>> No.55569828

>>55568930
can you name Andre project that hasn't been exploited to death

>> No.55569905
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55569905

>>55564886
come over anon

>> No.55570107

>>55565585
deposit on binance or binance.us and withdraw on eth chain?

>> No.55571990

>>55570107
>>55567419
>>55567364
Thanks dudes

I just saw that they lowered the validator requirement to 50k. Do you guys know the advantages of becoming a validator and how to do it?

>> No.55572118

>>55564886
There are a lot of really bad things going on with fantom right now. Treasury is pretty much AWOL and there is more and more evidence the team had funds in multichain. Fantom foundation could be dumping FTM to pay for some of the shortfall.

>> No.55573739

Just sold my last FTM for ARB, it's really over this time.

>> No.55573860

What to buy instead? I am lost

>> No.55574137
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55574137

>>55572118

>> No.55574194

I've been a FTM maxie for years, but have finally sold. I really don't see how they recover from this. Especially with the rise of L2's such as arb and optimism.

>> No.55574420

>>55574194
You are full of shit. Not only you did not sell, you never held this coin.

>> No.55576459
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55576459

>>55574420

>> No.55576462

>>55574420
anon weve got plenty of people that are leaving/going to be leaving regardless of the outcome. The lack of DD done by the fantom foundation when choosing who their main bridging partner was going to be (remember andre cronje was one of the OG devs of anyswap, which turned into multichain) is absolutely insane. Its coming out that there was a "trust me bro" moment between Multi and fantom for how the chain was secured. If you delve into the kava chat, you can see that even kava knew something was amiss (and still used them) that users would not be able to suss out on their own. People are waking up to how much trust was involved in these so called "trustless" systems and are not liking it. Been an OG holder myself, got in at $.015, been through every single rug on ftm, lived through literally 100% of all ftm protocols tokens failing, and this is the event thats making me rethink my bags.

>> No.55578740

>>55573739
Same here, but I'm jumping ship to Kava.
They recently got noticed by Tether to be the main handlers of USDT within the ATOM's ecosystem so that means lots of potential liquidity flowing in.

>> No.55578752

>>55564886
I unironically feel sorry for those who held on to this shitcoin for so long and had to witness first hand how their wealth was slowly stripped away from them

>> No.55578755

>>55576459
Now post a version with LINK pls

>> No.55578759
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55578759

Fantom had one (1) good pump in its 6+ years of existence and that was about it. Unironically who buy this shit anymore.

>> No.55578760

>>55578740
Wtf you ACTUALLY considered Kava as an option?

>> No.55578770
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55578770

>>55578740
very wise my friend.
going for cosmos is overall the better choice.

>> No.55578774
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55578774

It truly is fucking over. Move on already.

>> No.55578805

>>55578760
Yeah for starters they're not being led by a hack named Andre Croje who's known for abandoning their own projects. What other options would you consider?

>> No.55578806

>>55565016
Kava was not affected, though. Pretty sure they'll replace Multichain altogether with something else.

>> No.55578814
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55578814

>>55578740
>>55578770
kinda yucky if you ask me i dont want the brain-rot NFT ethmaxx crowd in the same project as me...

>> No.55578826

>>55565396
just sell and recover like 4% of your original investment at least faggot. jesus

>> No.55579000

>>55564886
> every stable depegged
> every dapp is a shit fork that rugged atleast once
> Cronje literally said fuck you and quit
> Foundation is busy counting their money for muhh 500 years runway
> tons of better and faster L2 with much better dapps and economics coming on the market

>> No.55579392
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55579392

im holding

>> No.55579442
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55579442

>>55579392
same

>> No.55579763
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55579763

>>55578755
kys

>> No.55580481
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55580481

>>55564886
no

>> No.55580619

https://www.youtube.com/watch?v=M3QCXu9TYA8

>> No.55580961
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55580961

>>55564886
it never started

>> No.55582288

>>55564886
Baggies should fold and move on to based gems anon. I'm already balls deep in DUA, CAP, FLUX and ATOM for long term gains.

>> No.55583406

>>55582288
Never heard of those brands sweetheart.

>> No.55583412
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55583412

>>55564886
yes

>> No.55583443

>>55573739
Uh ARB is not the gas token. All it does is let you suggest proposals.

>> No.55583768

>>55574194
Same. I’m dumping tonight. It’s hurts though. But at least I made $20k off tomb rewards from that scamming fuck Harry, who still owes me an airdrop a year and a half later.

>> No.55583798

>>55578740
Anon, kava was hit just as hard as ftm by this. The kava team hasn't even acknowledged the MC issue yet. They have been erasing all mention of multichain in their documents too...trying to cover up their involvement. Kava unfortunately doesn't seem to be a good alternative.

>> No.55583814

>>55578806
Kava was most certainly effected. Nearly all kava tvl came from multi assets. Check out kava lend to start. Millions and millions of multi assets are still on deposit there

>> No.55585364

>>55580619
gonna watch