Fantom launches on-chain funding system Ecosystem Vault

Fantom Foundation, the platform behind the Fantom (FTM) blockchain announced the launch of Ecosystem Vault on Friday.
Vault is a decentralised funding mechanism that will be financed by 10% of FTM transaction fees.
The funds in the vault are available to projects that get 55% approval in community-driven governance vote.Fantom, a scalable Layer-1 blockchain platform, has officially launched Ecosystem Vault, a decentralised funding pool that will empower and help builders deploy new community-dr