Fantom (FTM), a leading Layer 1 (L1) blockchain platform, has launched a new Gas Monetization program to incentivize high-quality Decentralized Applications (dApps) and attract top talent to the ecosystem. With the recent announcement of the long-term vision for the protocol by Andre Cronje, co-founder of the blockchain platform, the community is buzzing with excitement for the future of Fantom. Fantom’s Gas Monetization, which just went live on May 28th, is one of the most highly anticipated updates for the platform. The governance proposal was first approved in January 2023, with an overwhelming 99.8% of the votes, showcasing the community’s support for the initiative. Related Reading: Bitcoin Miners Receive Inflows Of 7,000 BTC, What Does It Mean? Fantom Launches Gas Monetization Program Gas monetization is an incentive program to reward high-quality dApps for their generated fees. These dApps will receive a 15% kickback on all the gas fees generated, incentivizing development and attracting more developers to the ecosystem. The money for this reward comes from the fact that the FTM burn rate will be reduced from 20% to 5%. This is a win ..
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 Gas Incentive: The Secret Sauce To Reclaiming L1 Dominance){kind=link}