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Beefy Core Team Member, Pharmacist, UF Gator, and crypto enthusiast #BIFIMaxi pfp from : https://t.co/FTvk7wA8CL
Mar 5, 2022 17 tweets 8 min read
1/17

@beefyfinance Escrowed Fantom #beFTM
What is it?
Who should invest in it?
Who should not?
When to buy, when to mint?
A thread 🧵

(No financial advice is being offered of course) 2/17

What is it?

It represents $FTM which has been delegated and max locked to Beefy's Fantom Network Validator Node.

You cannot redeem it for FTM, but you can trade it.

Beefy's node is ID 92. At time of writing it is the 21st largest node.