Fantom plans a proposal to parallel FVM, expand Sonic Labs grant program, and more

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2024/03/25 15:15

TechFlow news, Fantom Foundation CEO Michael Kong announced plans to propose a governance proposal, with the following suggestions:

Cross-chain and security: Developing secure, minimal-trust bridges with native access to Ethereum.

Simplified staking and liquid staking: Remove staking lock-up time limits, igniting over $1 billion in liquid staking opportunities.

Grant Program: Expanding the Sonic Labs grant program to support those working in gaming, DeFi, social media, streaming and now distributed artificial intelligence.

Reward activities: Provide a wide range of reward activities for existing Opera network and new chain users.

Superset introduction: It is planned to enable Superset at the end of 2024 to further improve performance.

Parallel FVM: Explore adding parallelization to Fantom virtual machines to improve performance.

More details are planned to be shared in the coming weeks, including new partners, VC/angel investments, target industries and use cases, and audience engagement plans.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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