Fortress Loans — an algorithmic money market and synthetic stablecoin protocol, designed to provide safe and reliable lending to users on the Binance Smart Chain.
Contents:
Description of the Fortress Loans
Fortress allows investors to lend and / or borrow cryptocurrency. The platform does this, using money markets, which are pools of assets with algorithmically determined interest rates. Users, who choose to provide liquidity to Fortress, earn compound interest as a reward for transferring their assets to the protocol.
Fortress loans have no monthly payments, no late fees and can be repaid at any time. Fortress can do this without even requiring a credit check, with almost immediate creation, using smart contracts that provide an automated and completely transparent system for investment and profit sharing.
Information about FTS token:
| 1 | The Fortress protocol is governed by the FTS token. |
| 2 | The FTS token is launched through a small public sale, using Jetfuel Launchpad. |
| 3 | Providers, borrowers and stablecoin producers earn FTS rewards for every block. |
In a future Fortress update, users will be able to spend FTS tokens to lower the interest rate on borrowing or increase the interest rate on delivery. This mechanism will greatly expand the ability to fine tune their investments, according to personal time frames, allowing the user to choose how much FTS they want to spend in order to change their interest rate. Fortress Protocol was created by Jetfuel Finance, a highly experienced team of over 10 experienced entrepreneurs, designers, project managers and marketers.
Social media and more
On the website, you will find a WhitePaper and an introductory document. Thr RoadMap section marks future updates.
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