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Good alts to me are those that generate and share revenue with holders/stakers completely on-chain. Examples such as: PENDLE, GNS, Meridian MST, A51, QUICK, MMY, HEGIC
PENDLE, GNS, Meridian (MST), A51, MMY are all examples of dapps sharing on-chain revenue with stakers.
Its an ETH sidechain that was hit hard by China destroying multibridge tokens but is clearly on the road to recovery. I like Mummy Finance (MMY) being beta exposure to FTM if you believe this chain has legs.
Should just buy MMY if you want leveraged exposure to FTM.