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Fantom Transactions Surpass Ethereum as Users Look to Farm Yields

Fantom Transactions Surpass Ethereum as Users Look to Farm Yields

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Analysts say newer merchandise and excessive yield rewards are fuelling development on the Fantom community. “Many projects like Radial, veDAO, and 0xDAO came up with liquidity mining launches that vampire attacked other protocols to gain TVL. These projects share a lot of resemblance to defi summer projects in 2020,” wrote crypto analysis agency Delphi Digital in a be aware on Tuesday. Liquidity mining refers to customers supplying liquidity to DeFi purposes and receiving rewards for doing so.

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