FTS

Fortress Lending price 
FTS

$0.003005  

2.62% (1d)

Fortress Lending to USD Chart

Loading Data

Please wait a moment.

Add to watchlist
Fortress Lending statistics
Market cap
 

0.00%

$0
#8671
Volume (24h)
 

0.00%

$0
#8671
Volume/Market cap (24h)
 
--
Circulating supply
 
0 FTS
0.00%
Total supply
 
0 FTS
Max. supply
 
10,000,000 FTS
Fully diluted market cap
 
$30,055
FTS to USD Converter
FTS
USD
Price performance
24h 
Low
$0.002926
High
$0.003033
All-time high
May 06, 2021 (3 years ago)
$11.03
-99.97%
All-time low
Feb 05, 2024 (2 months ago)
$0.002179
+37.92%
See historical data
Popularity
In watchlists1,001x
6175th / 9.7K
Do you own this project? Update Token Info


Loading Data

Please wait a moment.

Fortress Lending community

 
 
 
 
 
 
 
 
 
 
skeleton-white

Fortress Lending Markets

All pairs

Loading data...

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure

Fortress Lending news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About Fortress Lending

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.