Fantom Wallet adds functions such as cross chain within the wallet and creation of governance proposals
On March 24th, the Fantom Foundation announced a number of new features for the Fantom Wallet, including free adjustment of the pledge FTM, creation of governance proposals, built-in cross chain bridges, built-in OpenOcean aggregation transactions, and integration of the Unstop Domains domain name.
Interpretation of this information:
The Fantom Foundation has revealed its latest update for the Fantom Wallet on March 24th, showcasing a host of new features designed to improve user experience and functionality. Among the updates are free adjustment of the pledge FTM, creation of governance proposals, built-in cross-chain bridges, built-in OpenOcean aggregation transactions, and integration of the Unstop Domains domain name.
One of the most significant updates is the free adjustment of the pledge FTM, which allows users to adjust the amount of FTM they have pledged to a particular validator without incurring any fees. This feature is aimed at improving the overall staking experience and will make it easier for users to manage their validator participation.
Another major update is the creation of governance proposals, which will allow FTM holders to propose and vote on changes to the Fantom platform. This feature is an important step towards decentralization, giving the community more control over the direction of the project.
Built-in cross-chain bridges will enable users to swap tokens across different chains, while integrated OpenOcean aggregation transactions will provide faster and more efficient trading options. Finally, integrating the Unstop Domains domain name will make it easier for users to access the Fantom Wallet and related services.
Overall, the new updates feature a significant improvement in functionality and user experience for the Fantom Wallet, making it a more user-friendly and accessible option for those interested in staking and trading on the Fantom network. The new features also showcase the Fantom Foundation’s commitment to constant innovation and improvement, as they continue to push the boundaries of blockchain technology.
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