Fantom proposes a plan to parallelize FVM and expand the Sonic Labs grant program.
TechFlow News — Michael Kong, CEO of the Fantom Foundation, announced plans to propose a governance proposal with the following recommendations:
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Cross-chain and security: Develop secure, minimal-trust bridges enabling native access to Ethereum.
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Simplified staking and liquid staking: Remove unstaking lock-up periods to unlock over $1 billion in liquid staking opportunities.
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Grant program: Expand the Sonic Labs grant program to support projects in gaming, DeFi, social media, streaming, and now decentralized artificial intelligence.
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Rewards campaigns: Launch extensive reward programs for existing Opera network users and new chain participants.
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Superset introduction: Plan to launch Superset by the end of 2024 to further enhance performance.
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Parallel FVM: Explore adding parallelization to the Fantom Virtual Machine to improve performance.
More details will be shared in the coming weeks, including new partners, VC/angel investments, target industries and use cases, and community engagement initiatives.
