Rank #2183
506 people like this
fortress loans  (FTS)

Fortress Loans (FTS)

$0.265615 -1.3%
0.00000552 BTC 1.5%
0.00049335 BNB 4.8%
506 people like this
24H Range
Market Cap $1,327,649
24 Hour Trading Vol $154,858
Circulating Supply 4,998,984
Total Supply 10,000,000
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Fortress Loans (FTS) Price Chart

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FTS Price and Market Stats

FTS Price $0.265615
Market Cap $1,327,649
Market Cap Dominance 0.00%
Trading Volume $154,858
Volume / Market Cap 0.1165
24h Low / 24h High $0.260756 / $0.269388
7d Low / 7d High $0.260756 / $0.348993
Market Cap Rank #2183
All-Time High $14.12 -98.1%
May 16, 2021 (7 months)
All-Time Low $0.216013 23.1%
Sep 26, 2021 (2 months)

Fortress Loans Coin Price & Market Data

Fortress Loans price today is $0.265615 with a 24-hour trading volume of $154,858. FTS price is down -1.3% in the last 24 hours. It has a circulating supply of 5 Million FTS coins and a total supply of 10 Million. If you are looking to buy or sell Fortress Loans, PancakeSwap (v2) is currently the most active exchange.

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.

Fortress Loans News & Guides

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