Updates on launch plans, tokenomics improvements, and project security

Road to launch

Improvements to project tokenomics

  • LBE participants will be able to claim their FORT tokens immediately upon release of the bonding/staking dApp.
  • From the 350k we aim to raise in the LBE, we previously committed 100k and 130k respectively to liquidity bootstrapping and treasury contributions. Instead, we will be initializing liquidity with 160k and contributing 70k to the treasury.
  • We initially planned the MIM/FORT liquidity pool at the ratio of 10 MIM : 1 FORT, which is 200% of the LBE price of FORT. Instead, we will initialize the liquidity pool at the ratio of 7.5 MIM : 1 FORT, which is 150% of the LBE price.

Security commitments

  • Publish smart contract code on GitHub for public review.
  • Verify all deployed contracts.
  • Send treasury funds to a wallet with Gnosis multisig-restricted access.
  • Commission a code audit by a reputable firm such as Certik or Quantstamp after launch.

Contact

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Strength Together. Vires Simul. https://www.fortressdao.finance/

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FortressDAO

FortressDAO

Strength Together. Vires Simul. https://www.fortressdao.finance/

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