FORT Protocol introduces the concept of discount computers and decentralized currencies on the network, and can systematically solve the liquidity problem and integrate all financial contracts and derivatives into one protocol. It can help to bring all financial instruments, including hedging instruments and blocking other economic relationships, to applications on the web.
About the FORT Protocol project
It is a decentralized finance protocol, based on Ethereum and BSC, that aims to build infrastructure in the Defi3.0 era and hopes to create a Defi metaverse along with environmental applications.
Through automatic release or destruction of the DCU by the system, it provides a new business model for various projects such as futures, options, NFTs, games, etc., and creates its own brand new financial paradigm product.
Distinctive features:
| 1 | compatible with various financial products, solving the problem of liquidity through complex contracts and algorithms. |
| 2 | providing Defi products with unlimited liquidity through the DCU token to reduce user costs. |
| 3 | development of a decentralized currency to create a more stable system. |
The Fort DAO runs on a decentralized autonomous organization, created under the Fort protocol, that will manage and control the entire Fort protocol. Fort DAO principles: minimizing governance and maximizing distribution.
Hedge App
Hedge App — a decentralized financial derivatives application, developed on the basis of the Fort protocol. Positions can be opened and closed at any time without processing fees. The current products are options and perpetual contracts. The method of participation is that participants conduct transactions with the system. Participants pay DCU tokens to start trading options or futures, and the system (DAO) automatically completes the calculation of products, based on the profit and loss of the participants' products. The paid DCU tokens will be destroyed and the calculated DCU tokens will be provided by the system. It has the characteristics of unlimited liquidity and system play.