11 months ago
1 min read
Fantom to Refund 15% of Gas Fees to Eligible DApps Projects
The Fantom blockchain is now rewarding projects that utilize its network and contribute toward high usage of gas fees. The program called the dApp Gas Monetization Program, was approved by the Fantom community earlier this year and went live on Sunday. Under the program, eligible applications will be rewarded 15% of the gas fees they produce. This will provide developers with marginal extra income and help to drive demand for block space on the Fantom network. Gas refers to a type of fee paid by blockchain users in the native token of that blockchain, such as Fantom (FTM) in this