Fantohm is one of the first decentralized reserve currency protocols available on the Fantom Network based on the FHM token. Each FHM token is backed by a basket of assets (e.g., MIM, FHM-MIM LP Tokens, etc) in the Fantohm treasury, giving it an intrinsic value that it cannot fall below. Fantohm also introduces economic and game-theoretic dynamics into the market through staking and minting. 

There are two main strategies for market participants: staking and bonding. Stakers stake their FHM tokens in return for more FHM tokens, while bonders provide LP tokens or MIM tokens in exchange for discounted FHM tokens after a fixed vesting period.