FORT Protocol introduces the concept of discount computers and decentralized currencies on the network, 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
FORT Protocol has a wide range of applications, covering almost all financial services and various trading structures. This is a revolutionary design in the history of blockchains, capable of blocking various economic relationships on the network. Lending becomes much easier by pledging an asset, accepted by FORT, to obtain the appropriate DCU, repaying it to obtain a secured asset, and then liquidating it when the liquidation ratio is exceeded, where the main parameters are the liquidation ratio, collateral rate, interest rate, etc. Based on the characteristics at the end of the event, you can make price insurance to exchange the loss for a premium. It is possible to develop various derivative interest rates, using the base interest rate oracle price information.
Other features:
| 1 | To design a transaction between two or more participants: A and B can create a contract, based on FORT. |
| 2 | Each of which pays a certain amount of DCU at the current moment and receives the corresponding DCU in the future. |
| 3 | FORT will be able to participate in the distribution between them, which implements multiplayer competition and game structure. |
FORT can provide fundamental consistent variables for the metaverse with the ability to play different games to capture economic relationships.
Rules for participation in the system on BNB Chain
Open the official FORT website, go to the [Win] tab, switch the FORT network to BSC and connect to the wallet. After connecting the wallet, check if there is enough PRC balance for the transaction, 1 PRC is required for each roll.
The Win contract allows the user to win N DCUs with a probability of 1/N, where N is between 100,0000 and 100,000,0000. Currently, FORT Win only provides four options i.e. {1%, 0.10%, 0.01%, 0.001%}. Click [Roll] and connect your wallet to confirm. After confirmation, it takes some time (approximately 3 seconds) to get the result.