The Fantom Network

The PanicSwap team chose to launch on the Fantom Network for a variety of reasons:

Fantom has seen tremendous growth as a defi hub in the cryptocurrency space over the past few years. Its cheap fees and fast transaction times made it an obvious choice for a protocol such as PanicSwap.

Fantom was the choice of Yearn.Finance when bringing their protocol to an EVM chain from Ethereum. In utilizing Yearn's interest bearing YV tokens, we feel PanicSwap has a unique edge in the defi space.

The Fantom network has seen significant liquidity migration in the past few months, and with significant capital inflow comes opportunity for protocols that can offer attractive returns for this liquidity.

The Fantom ecosystem is one filled with young, growing and innovative teams. We've started with Yearn, but interoperability is something near and dear to the PanicSwap team and we are excited as to what other options we can tap into in the near future.