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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.