About FTS
Fortress is an algorithmic money market, and synthetic stable coin protocol designed to bring secure and trustless credit and lending to users on Binance Smart Chain. Fortress enables investors to lend and/or borrow cryptocurrencies, by pledging the platform an over-collateralized amount of cryptocurrency. Fortress does this by utilizing money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand of each asset. Users who choose to supply liquidity to Fortress earn compounded interest as rewards for supplying their assets to the protocol. When supplying assets, users are also given the ability to mint stable-coins, or borrow other assets against their supplied assets. Once a user has supplied assets to Fortress, the user can then borrow assets or mint stable-coins, by over-collateralizing and paying interest on the amount borrowed. Loans from the Fortress protocol do not have monthly payments, late fees, and can be paid off at any time. Fortress is able to do this without ever requiring a credit check, with near-immediate origination, using smart contracts that provide an automated, and absolutely transparent system for investment and profit distribution.In a future Fortress update, users will be able to spend FTS tokens to reduce the interest rate when borrowing, or increase the interest rate when supplying. This mechanism will greatly empower our users to fine tune their investments, to their own personal time-scales, by allowing the user to choose how much FTS they want to spend to modify their interest rate. An example of how this is done traditionally is when people choose to spend money to buy down the interest rate on their mortgage.Fortress unites investors, borrowers, exchanges and others, into an open and fair platform, that empowers users and unlocks billions of dollars of value, corrects market inefficiencies, and offers tremendous potential to investors and users alike.
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Frequently Asked Questions
What is the all-time high price of Fortress Lending (FTS)?
Read MoreThe all-time high of FTS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Fortress Lending (FTS) is 0. The current price of FTS is down 0% from its all-time high.
How much Fortress Lending (FTS) is there in circulation?
Read MoreAs of
, there is currently 0 FTS in circulation. FTS has a maximum supply of 10.00M. What is the market cap of Fortress Lending (FTS)?
Read MoreThe current market cap of FTS is 0. It is calculated by multiplying the current supply of FTS by its real-time market price of 0.
What is the all-time low price of Fortress Lending (FTS)?
Read MoreThe all-time low of FTS was 0
, from which the coin is now up 0%. The all-time low price of Fortress Lending (FTS) is 0. The current price of FTS is up 0% from its all-time low. Is Fortress Lending (FTS) a good investment?
Read MoreFortress Lending (FTS) has a market capitalization of $0 and is ranked #6720 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Fortress Lending (FTS) price trends and patterns to find the best time to purchase FTS.