$FTM price soars after Fantom founder shares $fUSD update fantom ftm andrecronje cryptonews
was greeted by FTM, Fantom's key token, with an increase of 7%. In just the last week, the token's price rose 26.1% to reach $0.48, the highest since May 2022.It has been announced that a liquidation mechanism will be implemented in fUSD v1 with any position where the debt in stablecoin equals or exceeds the collateral in FTM being liquidated. If the collateral is in sFTM, a derivative from staked FTM, the deposit will be unlocked and all rewards will be claimed.
validator and the number of its coins in staking falls below the allowed level, it will be excluded from production.
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