What's happening on Tuesday, the 11th of June, for Fantom?
Hey Fantomians! It's a bit late here in Europe but I reckon there's always a desire for updates from our side so here we are. As you may know, trading on Binance opens in about 2 and a half hours from the moment of this announcement, and we reckon there are some questions about swapping ERC20 tokens to BEP2, and whether you can deposit your ERC20 tokens into your Binance.com account. In this post we'll be sharing some of the latest news and articles that were released today, and we'll be sharing a more detailed FAQ if you scroll down a bit.
————————————————————————————Fantom Gets Serious About Decentralized Governance
We're extremely happy to see that cryptobriefing.com has reported on some of our newer governance updates and Fantom Archive article. We met one of their journalists, Paddy, in New York City at the Blockchain Week and we're extremely happy to see some coverage coming from their side about our project as well. We think the article is phenomenal, and we'd suggest all of you to show it some love!Read ''Fantom Gets Serious About Decentralized Governance'' by Paddy Baker now.
————————————————————————————Question 1. How do I swap my ERC20 FTM tokens to BEP2 tokens?
We recently wrote a guide that breaks down the entire swap from ERC20 to BEP2 for our token holders. It requires you to create a Binance Chain wallet, and then you can use the bnbridge to make the swap quickly to the native token standard for Binance. Read 'Bridging to BEP2 — The Fantom Way' on our Medium! Question 2. Can I send my ERC20 tokens straight to Binance without interacting with the bridge?
Yes! Totally, we have a work around that allows you to send your ERC20 FTM tokens straight to binance. Our community member, Danimal, broke it down extremely well!Sending ERC20 FTM to Binance is a simple token transfer.
1. Log in to Binance, go to Funds > Deposit, select Ethereum (ETH), and copy your ETH Deposit address.
2. Whether you're on an exchange or using a private wallet, send and/or withdraw your tokens to the ETH deposit address that Binance provides.
If you have followed these steps correctly, your Fantom will be deposited into your FTM account balance on Binance shortly. This works because Fantom is an ERC20 compatible token.Question 3. Can you send me a link to the official announcements?
Yes we can! Check them out down below:
- https://twitter.com/cz_binance/status/1138024980803870720Question 4. Do you have some resources that I could use to learn more about Fantom?
Yes, yes, and yes! But before I refer you to that I'd love to send you to the all-in-one resource from Binance Research, it's a wonderful report!Head to Binance Research here.
Now if you think that isn't enough, we also have some great technical articles that can be of great use to those who want to learn more about what we're building:
Fantom Archive - Virtual Machine: https://medium.com/fantomfoundation/fantom-archive-virtual-machine-13c023e5704a
Fantom Archive - On-chain Data Storage: https://medium.com/fantomfoundation/fantom-archive-on-chain-data-storage-673ef3712ad0
Fantom Archive — Architecture: https://medium.com/fantomfoundation/fantom-archive-architecture-6906623c92ef
Sikoba Research — A Technical Paper on Bulletproofs: https://medium.com/fantomfoundation/sikoba-research-a-technical-paper-on-bulletproofs-f8a55e644a81
ONLAY: Online Layering for scalable asynchronous BFT system: https://medium.com/fantomfoundation/fantom-technical-paper-3-c6d69e5bd280
Fantom Technical Update 9: https://medium.com/fantomfoundation/fantom-technical-update-9-a2c009ec3552
Fantom Archive - VM: Simple Voting Contract: https://medium.com/fantomfoundation/fantom-archive-vm-simple-voting-contract-76f53aa5b11c