Fantom FTM

What is the Fantom FTM asset token:

Fantom (FTM) is the native utility token of the Fantom Network, a high-performance, scalable, and secure smart-contract platform. The network employs a unique consensus mechanism called Lachesis, enabling near-instant transaction finality and lower fees. FTM is used for staking, governance, and securing the network, as well as powering decentralized applications (dApps) and facilitating transactions within the Fantom ecosystem.