What is Fantohm?
Fantohm is one of the first decentralized reserve currency protocol available on the Fantom Network based on the FHM token. Each FHM token is backed by a basket of assets (e.g., MIM, FHM-MIM LP Tokens etc etc) in the Fantohm treasury, giving it an intrinsic value that it cannot fall below. Fantohm also introduces economic and game-theoretic dynamics into the market through staking and minting.