More Bond Options (BIFI, ANY, xBOO, $wMOVR, $FRAX, $DAI (on Moonriver))

In spirit of Fantohm’s plans to rapidly spread and become a multi chain reserve, here are 6 new asset options for bonds: $BIFI, $ANY, and $FRAX on Fantom and Moonveriver, $xBOO on Fantom and $DAI and $wMOVR on Moonriver.

First Beefy Finance $BIFI and Anyswap $ANY are widely used services that are aggressively branching to multiple chains as well. Their current and future plans/services align with and benefit Fantohm's.

1.) BIFI (Beefy Finance): Multi Chain Yield Optimizer for Fantom and Moonriver

Chains: Fantom, Moonriver, Ethereum, BSC, Avalanche, Heco, Polygon, Harmony, Arbitrum, CELO and Cronos.

Yield: Can stake $BIFI to earn $BIFI, $FTM, stablecoins with apys between 10-30%+. There are many more high yield optimizing options and other Fantohm assets and LPs with yields between 10% - 1000%+.

Potential and Future Use: Packed with multiple high yield options for multiple stables, tokens, and LPs on multiple chains, Beefy’s yield optimization options will greatly supplement Fantohms investment strategies on multiple chains. Having a substantial holding of $BIFI will help Fantohm have a strong voice in $BIFI governance/proposals to benefit Fantohms yield and strategies.

2.) ANY (Anyswap): Multi Chain Swap/Bridge Protocol for Fantom and Moonriver

Chains: Fantom, Moonriver, Avalanche, Boba, Polygon, Harmony, and 19+ more.

Yield Options: Can be paired with $FTM and other tokens across chains to produce yields on platforms such as Spiritswap (10,000% APR), soon to be on Spookyswap, and many more on Fantom and different chains.

Potential and Future Use: Continues to grow across multiple chains and be seamlessly integrated into DEXs and other project’s services such as Spookyswap, Spiritswap, and many more. Majority of Fantohmies continue to use this protocol to bridge and bond/stake assets on Fantohm on Fantom, Moonriver and potential future chains to we will spread to. Having a substantial holding of $ANY will help Fantohm have a strong voice in $ANY governance/proposals to benefit Fantohms cross chain endeavors.

3.) xBOO: Spookyswap Dex and DeFi Hub for Fantom

Chains: Fantom

Yield Options: Earn 38% APR. Can additionally pair xBoo with other assets or single stake it to earn stablecoins with up to 54% APR and/or many other options.

Potential and Future Use: Currently the top DEX on Fantom with $100M+ average daily volume and majority Fantohmies use Spookyswap swap and their Anyswap integrated bridge daily to buy, stake, and bond assets on FHM.

4.) wMOVR (Wrapped Moonriver): Just like $FTM, Moonriver is still a new chain with only have half a billion marketcap ($517,567,707) compared to Fantom's 4 billion marketcap ($3,806,793,094). There is still massive potential for growth and it would only be right to have a share of any chain we expand to in the treasury.

5.) FRAX: Decentralized Algorithmic stablecoin for Fantom and Moonriver

Chains: Fantom, Moonriver, Polygon, Avalanche, BSC and Harmony Yield: Can be staked and paired with other Fantohm assets to earn yield. Potential: A fractional algorithmic stable coin that is growing in the same trajectory as MIM.

6.) DAI for Fantohm on Moonriver