bobbleheads

Fantom Tribune

A Fantom chronicle to help you keep track of new projects on the ecosystem!

Incepthink Author

Mar 27, 2022 • 2 min read

It’s a busy world.

In a digital landscape that dynamically changes its outlook with every passing moment, it is the need of the hour to get our hands on a readily made, short and summarised approach to the things that grab our attention. Fantom Tribune is a budding project on FTM that aims to cater to these precise needs with daily and weekly updates on the latest buzz and upcoming projects of the Fantom ecosystem.

The project plans on releasing updates on a weekly basis and helps even beginners understand complex projects on the ecosystem through their Medium blog. It also offers helpful advice to the users about serious threats like phishing, password hacking and risky networking.

Fantom Tribune Academy

It’s a curious world.

Fantom Tribune essentially provides a section that educates users about operations on the ecosystem and provides a detailed how-to procedure. For example, staking is a process that involves using a proof-of-stake consensus to secure a network. Fantom Tribune puts forth a simple guide that instructs the users about directly staking their FTM in the native wallet of Fantom. It warns against the risks associated with staking to a malicious validator node and prescribes slashing such entities as a part of network security measures. Here is an overview of the forementioned guide on staking!

1. Finding and clicking on the Stakingoption in menu

2. Choosing Delegation

3. Choosing the staking amount and a reliable validator

4. Selecting lock-up period

Parameters

1. Minimum amount to stake: 1 FTM

2. Lock-up period lower limit: 0 days

3. Lock-up period upper limit: 365 days

4. Unbonding time: 7 days

5. Delegation fee: 15%