Cryptocurrency Fortress Loans (FTS)
The price for Fortress Loans (FTS) cryptocurrency is currently 0.0097 $ (15 min delay),
daily range of currency change is 0.0098 - 0.010 .
Last 24 hours news: trading volume - 465.00 $, price variance -5.97% .
The highest trading volume belongs to the pair 0X4437743AC02957068995C48E08465E0EE1769FBE/WBNB at the PancakeSwap (v2) exchange
Project Website - https://fortress.loans/
Explorer of transactions - https://bscscan.com/token/0x4437743ac02957068995c48e08465e0ee1769fbe
Twitter Account - https://twitter.com/Jetfuelfinance
Chart Fortress Loans (FTS)
|Current price Fortress Loans (fts)||0.0097 $|
|Market Capitalization||65.92K $|
|Trading Volume last 24h||464.84 $|
|Minimum exchange rate (24h)||0.0097 $|
|Maximum exchange rate (24h)||0.010 $|
|Market cap rank||№ 3270|
|Absolute maximum||14.12 $|
|Absolute minimum||0.0088 $|
Fortress Loans Quotes
|0.61%||9.42 $||2022-11-28 17:17:01|
What is Fortress Loans (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.