Validators process transactions and receive fees from users (supply-side fees).

Fantom is a smart contract platform for decentralized applications (a blockchain). Fantom was founded by Dr. Ahn Byung Ik and launched in 2019.

FTM holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue). Fantom’s investors include DHVC, Arrington XRP Capital, 8 decimal Capital, etc.

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# Fantom Maximum token supply Methodology

## 1. Overview

The Fantom token supply maximum metric represents the theoretical maximum number of FTM tokens that can exist according to the Fantom protocol specifications. This is a protocol-level constant that defines the upper limit of token supply, established at the time of the Fantom network launch. The metric provides a static reference point for understanding token scarcity and inflation dynamics within the Fantom ecosystem.

## 2. Data sources

The calculation relies on the following data sources:

- **Protocol specifications**: Official Fantom blockchain protocol documentation defining the maximum token supply parameters
- **Tokenomics documentation**: Fantom's official tokenomics specifications that establish the 3.175 billion FTM maximum supply
- **Network launch parameters**: Official Fantom network launch date and initial token distribution specifications

## 3. Step-by-step calculation

### Component A: Protocol constants definition
- **Purpose**: Establishes the fundamental parameters for Fantom's maximum token supply
- **Logic**: The calculation sets three key constants based on official Fantom protocol specifications. The `timestamp` is set to June 15, 2018 at 00:00:00 UTC, marking the official launch date of the Fantom network. The `timestamp_grain` is defined as daily to enable consistent time series reporting. The `token_supply_maximum` is set to exactly 3,175,000,000 FTM tokens, representing the theoretical maximum number of tokens that can exist according to the protocol's design.
- **Key fields**: The `timestamp` field marks the network launch, `timestamp_grain` defines the reporting frequency as daily, and `token_supply_maximum` contains the protocol-defined maximum of 3.175 billion tokens

### Final aggregation
- **Combining components**: The protocol constants are processed through a standardization macro that creates a complete time series dataset
- **Time series expansion**: The fill-forward strategy extends the constant maximum supply value across all dates from the network launch to the present day, ensuring consistent daily reporting
- **Data standardization**: The metric is formatted with the `fantom` identifier to maintain consistency across Token Terminal's multi-protocol analytics framework
- **Final calculation**: The result is a daily time series where each record contains the same maximum token supply value of 3,175,000,000 FTM tokens, providing a stable reference point for supply analysis and token scarcity calculations across the entire history of the Fantom network

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

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