FTS Tokenomics

The Fortress protocol is governed by the FTS token. The FTS token is launched via a small public sale using the Jetfuel Launchpad. Suppliers, borrowers, and stable-coin minters earn FTS rewards every block.

Fortress token, FTS, will have a supply of 10,000,000. The tokens will be distributed over a two and a half year time-span. There will be about 0.2473363775 tokens emitted per block, which works out to about 7,123.287671 FTS emitted per day. The team tokens vest over a 6 month period, and the initial FTS token emissions will be allocated in the following manner;

• Farming Rewards: 65% - 6,500,000

  • Borrowers: 22.75% - 3,250,000

  • Lending: 22.75% - 3,250,000

• Team: 20% - 2,000,000 - vested over 6 months

• Initial Jetfuel Offering (IJO): 5% - 500,000

• Reserve: 10% - 1,000,000 (to be used for initial liquidity, marketing, ect)

As of August 6th 2021, FAI rewards were eliminated.