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Fantom wants to cut token burn rate by 75% to fund dApp rewards program

The development team further elaborated that Fantom’s Opera (NASDAQ:OPRA) network [native dApp builder] “is not directly competing against Youtube or Twitter,” but seeks to “attract and retain high-grade talent continuously” in the Web 3.0 space. To qualify for the potential incentive, dApps must have recorded 1,000,000 or more transactions and have spent three months or above on the Fantom Opera network. Upon approval, developers can then claim 15% of the total gas fees spent on their dApp.

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Source: Cryptocurrency - investing.com

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