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BAHAMUT

FIRST EMIRATI BLOCKCHAIN

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Bahamut is a smart contract-enabled, open source DLT platform for all things Web3 and serves as the new-generation platform of the Fastex ecosystem.

The Bahamut Mainnet of our blockchain is already live with its execution layer Caravan and consensus layer Bedouin, ready to provide stability of the network and maximise your blockchain app potential.

We encompass the best of local traditions in all the components of our network and take inspiration from the head-turning diversity, richness and powerful mythology of the ancient Arabian culture.

EXCEPTIONAL BENEFITS OF BAHAMUT AND ITS POSA

POSA, which stands for (Proof-of-Stake and Activity), is a novel consensus  mechanism that offers several exceptional benefits.

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Decentralization & Security

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Equal Opportunity

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Virtuous Cycle

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Improved Network Activity

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Sustainability and Innovation

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Better User Experience

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Increased Incentive for Developers

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PoS enabled

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Alternate Revenue Stream for Every Business

BECOME A

VALIDATOR

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The completely new consensus mechanism PoSA of Bahamut offers a special program for the network validators with ultimate benefits - Become a Validator.

Become a validator on Bahamut Mainnet, join the big community of 20480 validators, secure the network and get plenty of rewards. Here's everything you need to know about  becoming a validator on Bahamut Mainnet.

Please note that only the execution layer Caravan of the Bahamut Mainnet is currently live.  Validator rewards will become available after the consensus Layer Beduin goes live on  Bahamut Mainnet. Right now, you can secure your spot as one of the first 4096 validators for  Bahamut Mainnet and start earning rewards in the near future.

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Minimum & Maximum

The minimum number of  validators on Bahamut Mainnet  is 4096, and the cap is set at  20480. This means that there  can be up to 20480 validators  on the network at any given  time.

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Stake Amount/Validator

To become a validator on Bahamut Mainnet, you will need  to stake a minimum of 8196  FTN. This stake amount helps to  ensure that validators have a  vested interest in maintaining  the network and securing it  against attacks.

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Expected Return on Staking

The average expected return on  staking FTN on Bahamut Mainnet  is 7% annually for stakers who  do not have any activity.  However, if you link a smart  contract to your validator and  generate activity, your returns  can increase significantly.

STAKE WITH FTN

FTN serves as the native coin of our Bahamut and powers all network and cross-chain operations (Ethereum and Fastex) as well as enables block reward mechanisms. Stake your FTN to help maintain the network and get your fair share of participation.

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Hardware/Cloud server Requirements

OS: 64-BIT Linux

4+ cores @
2.8+ GHz

16GB+ RAM

SSD with at least 200GB free  space (1TB recommended)

8MBit/sec broadband

EXPLORE PRODUCTS OF FASTEX

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Crypto payment system enabling merchants to accept the most popular cryptocurrencies in their e-commerce stores. Visit wbsite 

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JOIN THE COMMUNITY

Bahamut is an open and accessible platform that welcomes builders and community members from all over the world. Follow us for the latest news and announcements!

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