Fantom is one of the few DeFi chains that has managed to amass a variety of protocols on its network. Presently Fantom has more protocols running on it than Solana, Terra and Tron combined. However, the issue is deeper than the number of protocols.
Fantom’s listing on Binance U.S. on 17 December was a huge advancement for the network, which hasn’t been in the best place recently. Deposits on the exchange are now open and this is another addition to the ever-expanding adoption of Fantom.
In fact, just recently OKEx had added Fantom to its staking service. But even then the lack of participation continues to be a problem for the DeFi chain.
As it is, in less than two weeks the network has lost over 60% of all its active addresses. Consequently,
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