Fortress Lending

Walkthrough Fortress Lending (FTS) Token. What is it, price and yields

Fortress Lending Exchanges

Exchange Market Pairs Buy
PancakeSwap (V2) LTC/WBNB -
BitMart DGB/BTC -
Jetswap (BSC) WBNB/DEP -
Fortress is an algorithmic money market and synthetic stablecoin protocol designed to provide secure, trustless credit and lending to users on Binance Smart Chain. Fortress allows investors to lend and/or borrow cryptocurrencies, by committing the platform with an excessive amount of cryptocurrencies. Fortress does this by using money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for each asset. Users who choose to provide liquidity to Fortress earn compounded interest as a reward for providing their resources to the protocol. When providing resources, users also have the option to mint stablecoins or borrow other resources against the provided resources. Once a user has provided resources to Fortress, the user can borrow resources or mint stablecoins, collateralizing excess collateral and paying interest on the amount borrowed. Fortress protocol loans have no monthly installments, default and can be repaid at any time. Fortress can do this without ever requiring a credit check, with almost 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 lower the interest rate when borrowing or increase the interest rate when supplying. This mechanism will allow our users to fine-tune their investments, based on their own personal time scales, allowing the user to choose the amount of FTS they want to spend to change their interest rate. An example of how this is traditionally done is when people choose to spend money to buy back the interest rate on their mortgage. Fortress unites investors, borrowers, exchanges, and others on an open and fair platform that empowers users and unlocks billions of dollars in value, corrects market inefficiencies, and offers enormous potential for both investors and users.