TosDis on Fantom Chain: Development Update and New Partnerships

Tosdis Finance
4 min readJul 2, 2021

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We are proud to announce that the TosDis Protocol has launched on Fantom Mainnet! We finalized our launch strategy with our new partners to make this launch as beneficial as possible to all parties involved. This means that all our current services we currently provide on the BSC and ETH network are now deployed on the Opera chain!

Our FTM contract address is 0x0e121961DD741C9D49C9A04379da944A9D2FAc7a

New DIS incentivized pools on Fantom

Farms will be going live tomorrow at 2PM UTC
Farming Pool: 500 DIS for DIS-FTM with SpiritSwap LP
Staking Pool: 300DIS

Keep on eye on our dApp & socials in the next days for more staking and liquidity pool announcements from other parties!

We’re still actively looking for new partners to create verified pools on any supported chain mentioned above and optionally use the TosDis Bridge to explore the possibilities on other chains. If you’re interested to work together feel free to connect with us through Discord or Telegram.

By launching on the aspiring Opera Network we can position ourselves as one of the most optimized and future-proof multi-chain tools in the striving world of DeFi. TosDis will become an important pillar in Fantom’s future as a global juggernaut in the world of scalable Decentralized Finance. We support Fantom’s vision of a decentralized scaling solution to Ethereum, and by integrating them into our platform, we can provide our community with lightning quick transactions, at the cost of a few cents. (On FTMscan, the average fee is less than $0.05 per transaction).

Despite the growth and adoption of the Fantom Ecosystem, most of the DeFi protocols still have poor liquidity for now. By integrating the Fantom mainnet, TosDis will be able to offer staking pools, yield farming and a high-quality launchpad that will help to grow the ecosystem and community alike. This brings us to our first new strategic partner announcement, Spiritswap!

TosDis Finance is partnering up with Spiritswap DEX to provide liquidity on the Fantom Chain!

SpiritSwap is 2nd biggest AMM on the Fantom blockchain with liquidity incentives, liquidity providers on SpiritSwap are able to farm the SpiritSwap protocol token ($SPIRIT).

In the first phase of our launch on Fantom both Spiritswap and TosDis will provide a DIS-FTM liquidity pool on each protocol incentivized with DIS and SPIRIT rewards. Spiritswap will also provide a SPIRIT-FTM incentivized liquidity pool on the TosDis protocol. However, potentially more pools will be added overtime, with a focus on creating extra incentives for our users to provide liquidity.

With these incentives TosDis & SpiritSwap can build a strong community around its projects that will help it grow organically, expand features, and bring more liquidity to the Fantom chain. As a part of this partnership we will implement all upcoming Fantom IDO’s through TosLabs, as well as verified liquidity pools together with Spiritswap as our main liquidity partner.

If you are a new user, or want to find out more about the new and amazing blockchain Fantom and its Opera network, you can catch up on it here.

For all the developers out there, all needed documentation can be found here.

Backed by the FTMalerts community to accelerate our growth and adoption on the Fantom Ecosystem

FTM Alerts is composed of a group of long-time Fantom Investors, supporters and community insiders. Their mission is very simple, to support those who choose to build within the Fantom Ecosystem. Working towards the growth, well-being and adoption of the Fantom chain.

They do this by acting as a social support for new projects that build on Fantom. FTM has a dedicated community of supporters that are eager to support any developer that builds something of value on Fantom. The FTM Alerts community is also encouraging projects to cooperate and supporting those on other chains to port their ideas on Fantom, therefore having a cross-project, cross-chain and coopérative approach.

We’ve been working together behind the scenes to strategize our launch and scheduled a live AMA interview on their Youtube channel the 2nd of July. You can find the interview here. Follow them on Twitter and join the Discord community for more updates and news surrounding Fantom.

TosDis Details

TosDis is a permissionless One-Stop DeFi Interoperable Solution that offers white-label solutions, allowing projects to offer services such as staking, yield farming and liquidity staking to their users affordably and securely. Furthermore, TosLabs, the incubator protocol of TosDis, aims to give upcoming and innovative projects the smoothest experience to take their project to the next level.

Website | Twitter | Telegram | Discord | Medium | CoinGecko

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