FROM GAS TO GOLD

Summary from the TLDR Crypto newsletter

Fantom has launched a gas monetization initiative designed to spur developer adoption. The program offers a 15% kickback on all gas fees generated by high-quality dApps. The funding comes from a reduction in the FTM token burn rate from 20% to 5%. To qualify, a dApp must have completed at least 1 million transactions and been live on Fantom for a minimum of three months. Since the program's launch just a few days ago, dApps have already generated over 11,000 FTM in rewards. The initiative is an interesting approach to increase developer retention and attempt to build a sustainable network.