Fantom foundation bolsters layer-1 blockchain security with staking requirement cut

In a significant move aimed at fortifying the security of its layer-1 blockchain network, the Fantom Foundation has successfully slashed the validator self-staking requirement by a staggering 90%. This momentous decision comes following a governance vote that concluded in June 2023. Fantom (FTM) has lowered the staking threshold from 500,000 to 50,000 FTM, valued at…