Fortress

1. Summary

Ranks

Liquidity

-

Developer

-

Social

58

Momentum (beta)

0

Stack Rank™

-

Price

$0.008212030000 0.0%

Market Cap

$11,904.00 (#11026)

Supply

/

Tags

DeFi Avalanche Ecosystem Rebase Tokens Asset-backed Tokens

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Price
52W High price	$1.81
52W High date	25th Mar 2022 (3 years ago)
All Time High (ATH) Date	14th Apr 2025 (2 months ago)
All Time Low (ATL) Date	14th Apr 2025 (2 months ago)

Supply & Trading Volume
Trading Volume (24h)	$1.00

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Description

Fortress Overview

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Fortress Overview

Fortress is a decentralized reserve currency, forked from Olympus DAO, a well-established and secure decentralized autonomous organization (DAO). It employs the bond-and-stake methodology, a mechanism used to raise treasury funds. This approach allows the protocol to retain ownership of its liquidity and enables consistent, sustainable growth.

Key Features

• Decentralized Reserve Currency: Fortress provides a decentralized reserve currency, built on the principles of security and stability offered by Olympus DAO.
• Bond-and-Stake Methodology: This mechanism allows the protocol to raise funds through bond sales and rewards stakeholders through staking, which in turn supports the growth and stability of the platform.
• Treasury Fund Management: Fortress owns and manages its liquidity, ensuring sustained growth and development.

Platform

• Forked from Olympus DAO: Fortress leverages the successful framework of Olympus DAO to ensure stability and security.
• Decentralized Nature: Fortress operates as a decentralized entity, promoting transparency and community-driven decision-making processes.
• Treasury Management: The platform's treasury funds are managed internally, providing control over liquidity and funds used for growth and development.

Objectives

• Provide a Stable Reserve Currency: Fortress aims to create a reliable and robust reserve currency, utilizing the bond-and-stake methodology to maintain stability and growth.
• Decentralized Liquidity Management: By owning and managing its liquidity, Fortress ensures consistent and sustainable growth.

Development

• Avalanche and Harmony Engagement: Fortress is built on Avalanche and operates on Harmony, utilizing these blockchain networks to facilitate secure and decentralized operations.

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