How to Add Fantom to MetaMask
As stated above, the most simple and quick way for investors to add Fantom to a MetaMask wallet is by using Chainlist. Visit the Chainlist platform and complete the process within seconds.
Get started with this step-by-step guide.
- Visit ChainList and connect your MetaMask wallet to the platform.
- Type 'Fantom' in the search bar at the top of your page.
- Click the 'Add to MetaMask' button, and the network will be automatically added.
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What is Fantom?
Fantom is one of the fastest and most scalable networks, that is designed to facilitate the execution of smart contracts and decentralized applications. The Fantom network is built using a Directed Acyclic Graph (DAG) protocol, allowing for faster processing of transactions than traditional blockchain networks. It provides fast transaction processing times, with block confirmations taking just one second. This processing time enables Fantom to handle a high volume of transactions and makes it an attractive platform for high-throughput dApps.
The network is highly secure, with nodes on the network utilizing a consensus mechanism called the Lachesis Protocol, which is designed to prevent double-spending and ensure network integrity. Additionally, the network's staking mechanism allows token holders to participate in securing the network by staking their tokens and earning rewards (yields) in return.
Popular DeFi Apps on Fantom
Once you have added the Fantom network to your MetaMask wallet, you will have access to thousands of dApps including popular DEXs (decentralised exchanges) like SpookySwap, Beethoven X, and the Equalizer Exchange or yield aggregator platforms like Beefy and Yearn Finance. To see a full list of the available DeFi applications on Fantom, visit DefiLlama.
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Bottom Line
Adding Fantom to your MetaMask wallet allows you to access and interact with various applications on the network. The easiest way to add Fantom to MetaMask is by using Chainlist, a popular blockchain information aggregator.