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Atari Chain’s Native Token to Trade on Fantom Blockchain
About 20% of the token’s liquidity has been moved to Fantom’s decentralized finance platforms.
Por Jamie Crawley
Atari Chain is looking to boost adoption of its native token ATRI with expansion to the Fantom blockchain.
- About 20% of the token’s liquidity has been moved to Fantom’s decentralized finance (DeFi) platforms, allowing users to trade, stake and play games using ATRI, the company said Wednesday.
- The ERC-20 token has posed challenges for users of Atari tokens related to costs and speed associated with trading on the Ethereum blockchain.
- The proof-of-stake Fantom blockchain will allow trading of ATRI at higher speed with “super low transaction fees,” according to Atari Chain.
- Fantom recently became the latest blockchain to announce an incentive program, unveiling a fund worth over $300 million to attract DeFi platforms, part of a broader push from Ethereum competitors to attract liquidity and users.
- Atari Chain is a joint venture between the games company Atari and ICICB, a holding company.
Read more: Celo, Fantom Tokens Jump on Fresh DeFi Incentive Programs
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