# About Fantastic Protocol

![](https://712666880-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FgmYiy5cLPrJGFDMhlrog%2Fuploads%2FGjLi4mNoN1hkj6rw3k2T%2Fimage.png?alt=media\&token=e01fa601-d239-46bc-bb3f-94b9e5be2929)

Fantastic Protocol is a DeFi project aimed at developing and popularizing synthetic tokens for multiple L1 Ecosystems. Imagine having exposure to the price of FTM or AVAX token without actually owning it.\
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**Built for L1 token fans: Fantastic Protocol**

With the **Fantastic Protocol**, we introduce a decentralized solution by adopting a partial collateralized design, where Fantastics's synthetic tokens are partially backed by a **L1 token** and partially by our native token.


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