News from the Senate (20th May 2022)

Fortunas Finance
3 min readMay 20, 2022

UI designs, Timelines, and Anti-crime, this week's summary on how Fortunas Finance is revolutionizing DeFi.

UI design for Fortunas Finance’s dApp

Pre-Development Updates

  • The UI designed by our professional developers has been finalized and revealed to the public.
  • The smart contract is on the way, and will be reviewed by multiple professional third-party developers to ensure that it is fool-proof.
  • The team assigned dates for every development phase and are committed to sticking to them.
Development dates leading up to launch

Team

  • The team consists of seasoned developers, in-house marketing experts, and writers on staff, all doxed to Julius, the team leader.
  • Julius is in charge of coming up with ideas and making sure the project runs buttery smooth.
  • All internal team members are in it for the long term and will continue working on the project as long as they deliver good results.

Goals

  • The team’s goal is to solve problems that other DeFi protocols are facing, by combining several concepts together, such as nodes, rebasing, P2E and Risk-to-Earn.
  • We are going to right the wrongs in the DeFi space on a high level.

Security

  • The team will hire third-party professionals to check the contract to ensure that it is safe and functioning.
  • This is because the smart contract is entirely new, and not a fork.
  • Although the selling will be controlled manually, the treasury is guarded by multi-sigs to ensure no one can steal from it.
  • The team might open a Multi-sig slot to a doxxed member of the community, to build trust and safety.
  • Liquidity will be locked for 1 year, this is to ensure that there is no way for the project to rug!

AMAs

  • We recently have done AMAs with the Gold Member Lounge and Shipwreck Cove on Telegram.

Marketing

  • Marketing will be done in phases.
  • Right now we’re in Phase 1, where the project creates exposure through AMAs.
  • Soon, Influencers will be hired to hard market the protocol through a private sale.
  • After the private sale, whitelists will be given out to attract new investors.

Upgrades

  • Upgrades might be NFTs, but this is still being discussed among the core team.
  • Upgrades need to be locked to a specific war in order to boost APY.
  • All the Upgrades are priced based on the % of the Liquidity Pool, to discourage abuse from whales.

Future Plans

Once the project is launched, the team will be focused on building more utility in order to drive demand for the tokens. The project is still in Version 1, and the team will release many more versions, in order to constantly innovate and grow the project.

What’s next?

  • The team has begun developing the UI based on the design.
  • The website will be designed to fit the Roman theme of Fortunas Finance.
  • More AMAs are coming soon in order to market the protocol.
  • The smart contract is being worked on and will be checked and audited by multiple third-party sources.
  • Whitelist Giveaways.
  • and more!

How to get Whitelisted

Join our discord channel or telegram group and wait for news regarding the Whitelist giveaways! There will be many whitelist slots available and the earlier you join, the higher the chance of you getting one.

Discord invite: https://discord.gg/TCf4mXk5v4

Telegram: https://t.me/+tOvIX8DHgEM5MjAx

Whitepaper: https://fortunas-finance.gitbook.io/white-paper/

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Fortunas Finance

A new crypto project that allows you to pick your return. Gone are the days of fixed APYs! We’re bringing in a whole new era of DeFi.