News from the Senate (26th May 2022)
Supremacy in Sustainability, this week's summary on how Fortunas Finance is improving and growing.
Pre-Development Updates
- The website is currently being revamped, and it’s looking better than ever!
Balance Changes
In order to improve the protocol, the team is making changes in order to more than double the sustainability of Fortunas Finance! All these changes will benefit holders, while also making sure the protocol will last in the long run.
- Lower Taxes!
Holders will be enjoying fewer taxes, without harming the protocol’s health.
New Buy Tax: 10%
New Sell Tax: 10%
- RFV is gone!
The team believes that having a RFV treasury is not efficient in helping to build and grow the protocol.
Instead, Fortunas Finance will be using the funds to market the protocol and increase demand for $FRTNA. - Realistic APY!
We felt like the high APY numbers will turn off investors, so we are increasing the APY of our easier battles while decreasing the APY for the harder battles.
Note: You can still earn an extremely high APY! But you will need to work for it through managing rations and investments.
New APYs:
1) 150% APY Guaranteed
2) 520% APY Guaranteed
3) 25,031% variable APY
4) 32,687% variable APY
5) 93,965% variable APY
6) 323,819% variable APY
- LP — Locked!
The LP will be locked for 1 year! The community will no longer worry that the team will drain the liquidity and rug the project. - Volatility Resistant LP!
$FRTNA will be paired with BUSD in the LP, preventing $FRTNA from being affected by the price of BNB in a bear market.
Marketing
- The team has decided to focus on efforts to drive members to our discord server.
- This will be done through the help of Youtubers and Influencers.
- By growing a large discord server, the team hopes to bring more confidence to the general public regarding Fortunas Finance and the future we want to build.
What’s next?
- The team is developing the UI based on the design.
- Marketing is going to kick-off by garnering attention through Youtubers and AMAs.
- The website is being developed and further improved.
- The team is working on perfecting every detail of the protocol, to ensure it brings immense value to every holder.
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/
