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As Multichain (MULTI) Wobbles, Some Fantom (FTM)-Based DeFi Projects Flee Bridged Tokens

Altszn.com by Altszn.com
June 1, 2023
in Ethereum
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As Multichain (MULTI) Wobbles, Some Fantom (FTM)-Based DeFi Projects Flee Bridged Tokens
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On Wednesday, the decentralized exchange (DEX) Beethoven X sent $300,000 in treasury stablecoins from Fantom to Ethereum; protocol builder Byte Masons did the same with ether (ETH) and USD coin (USDC) it used in trading pools. Earlier this week, DeFi yield farm Beefy sent $200,000 in tokens owned by Binance from Fantom to BSC at the request of the world’s largest exchange.



Read More: www.coindesk.com

Tags: bridgedDeFiETHEthereumFantomFleeFTMBasedMultiMultiChainProjectsTokensWobbles
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