Beefy Escrowed FTM BEFTM
1. Summary
- Price
-
$0.87 +22.0%
- Market Cap
- $0.00 (#10689)
- Supply
- 0.00 / 12.72M
- Tags
- Fantom Ecosystem
- Description
-
Beefy Escrowed Fantom (BEFTM) is a cryptocurrency token on the Fantom platform. It provides stakers with maximized Validator Node rewards that are not typically available to individual investors without a 1-year lock on FTM. The beFTM token is 1:1 backed by FTM and can be staked on the Beefy platform and in farms on major decentralized exchanges (D...
Beefy Escrowed Fantom (BEFTM) is a cryptocurrency token on the Fantom platform. It provides stakers with maximized Validator Node rewards that are not typically available to individual investors without a 1-year lock on FTM. The beFTM token is 1:1 backed by FTM and can be staked on the Beefy platform and in farms on major decentralized exchanges (DEXes).
In Brief
- BeFTM Token: Short for Beefy-escrowed Fantom.
- Function: Provides maximized Validator Node rewards to stakers.
- Backup: 1:1 backed by FTM.
-
Use Cases:
- Stakable on Beefy platform.
- Stakable in farms on major DEXes.
- Can be manually purchased on various DEXes.
How beFTM Works
- FTM Deposit: Users deposit FTM in Beefy Delegator Vault to get beFTM.
- Delegation: FTM is delegated to Beefy's Validator Node, earning WFTM rewards.
- Reward Distribution: WFTM rewards are collected daily and distributed to the beFTM Earnings Pool.
Key Features
- beFTM Earnings Pool: Users can stake beFTM to earn WFTM.
- beFTM Vault: Continuously buys beFTM with WFTM rewards, adding buying pressure to the beFTM token price.
| Price | |
| 52W High price | $1.07 |
| 52W High date | 26th Mar 2024 (10 months ago) |
| All Time High (ATH) Date | 3rd Apr 2022 (2 years ago) |
| ATH Price | $1.62 |
| % From ATH | -52.95% |
| All Time Low (ATL) Date | 18th Sep 2023 (1 year ago) |
| ATL Price | $0.12 |
| % From ATL | 544.72% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $552.00 |
| Total Supply | 12.72M |
BEFTM
How does Beefy Escrowed FTM's (BEFTM) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
13.7%
BEFTM
1.4%
Similar Market Cap
60 Day Return
51.6%
BEFTM
-12.7%
Similar Market Cap
1 Year Return
165.7%
BEFTM
1.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 13,957 |
| Twitter followers | 260,987 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://beefy.com/ |
|---|---|
| Explorer | https://ftmscan.com/token/0x7381ed41f6de418dde5e84... |
| @beefyfinance |
What is the correct contract address for Beefy Escrowed FTM?
| Fantom | 0x7381ed41f6de418dde5e84b55590422a57917886 |
|---|
Has Beefy Escrowed FTM been audited for security?
No security audits found for this project.
Are you the owner of Beefy Escrowed FTM? Edit it here
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