Fortis Oeconomia is an artificial entity designed to create an ecosystem where all participants can win. It is a protocol that allows participants to raise their profits without other participants’ loss and aims to create an ecosystem in which all participants can profit together.
Fortis Oeconomia is airdropping free FOT to JUNO stakers. The snapshot was taken on December 15th, 2021 and eligible users will be able to claim 5% of their share per week until August 8th, 2022. Unclaimed FOT will be sent to the community pool at the start of the next claim period.
Users who’ve staked JUNO by December 15th, 2021 are eligible to claim the airdrop.
Eligible users will be able to claim 222 FOT.
5% of the eligible amount can be claimed per week starting from March 28th, 2022 until August 8th, 2022.
Unclaimed FOT will be sent to the community pool at the start of the next claim period.
For more information regarding the airdrop, see this Medium article.
The world financial model is inequality by design. Wealth is the total assets held with a market value. From houses to lands, gemstones to company stocks, and to the money in a bank account, many real and financial assets can construct one’s wealth. The important factors that value wealth are the political power that accompanies it, the economic effect, opportunities it provides to the holder, and the attainable revenue. Considering these factors, it is possible to say that what makes wealth important is also what makes wealth disequilibrium crucial: inequality in the political and social spheres of influence. Additional to the outcomes of wealth disequilibrium and inequalities it creates at other spheres, its effects on State economies and over the dynamics of the global economy are essential.
Fortis Oeconomia deeply understand the financial inequality of the modern world, one must first think about what these inequalities are. At first sight, it may look like the gap between rich and poor, but going down in the hole, one sees the giant digging machine at the bottom. The digging machine, while ensuring for only some to utilize the opportunities offered on a daily basis and for others and their names to never meet these opportunities in a sentence, the machine dugs deeper every passing day. So powerful this machine derives its force from the trust of both sides and on their faith in the indestructible unity of the segregating machine.
It’s a sub-system where users who want to participate DeFi environment but don’t have enough capital can rent coins and use them on decentralized exchanges in the COSMOS ecosystem. Also, users can earn money by renting their coins. Initially, coins rented through the system could only be used in liquidity pools. With v2, they could also be utilized for arbitrage possibilities.
Fortis Oeconomia is a sub-system that allows users to engage in liquidity pools in the COSMOS ecosystem using a single type of coin and allows both parties to protect each other using a pop-up agreement with the person who owns the asset on the other side of the pool. While the system will initially only cover a few pools, it will eventually be made available to all liquidity pools in the COSMOS ecosystem.
Wrapped DeFi Strategies
It is a sub-system where users can present the strategies they have developed in the DeFi ecosystem to others and earn a passive income from these strategies. Sub-system also provides an opportunity to users to easily select pre-made strategies and benefit from DeFi in the COSMOS ecosystem. In v1, the system’s strategies will incorporate periodic liquidity staking to the designated DeFi pools, as well as the possibility to reuse the rewards collected throughout the strategy period within the same strategy. In v2, strategies will be written to take advantage of arbitrage possibilities.
Burn to Stake
Fortis Oeconomia sub-system allows users to earn FOT in exchange for renting their staked currency reward rights or by staking bFOT to benefit from the pooled reward rights. In this way, each chain in the COSMOS ecosystem is provided with extra incentivization and helps to prevent the security of chains from decreasing due to low reward rates. Furthermore, it allows people to gain incentives for promoting security in the cosmic ecosystem. Coins staked to the sub-system have a vesting period in v1. In v2 (after theta upgrade of COSMOS), they can be unstake without having a vesting period. The purpose of the system is to increase the number of staked coins on chains in the COSMOS ecosystem by allowing users to lease the staked coin’s reward right.
Fortis Oeconomia Token (FOT)
FOT is the fuel of the One For All – All For One protocol. Required energy for sub-systems comes from FOT <-> bFOT transformation.
Store of Value
Because of the relativistic hyper-deflationary structure, FOT’s appreciation makes it a concerted store of value.
FOT holders have the right to vote on proposals and make decisions on the operation of the general-system and sub-systems.
Earn FOT by participating in sub-systems.
Burn FOT for bFOT.
Use bFOT in sub-systems.
Earn more by using sub-systems and repeat.
With Fortis Oeconomia, everyone can experience DeFi without having principal capital. One For All – All For One Protocol provides what you need for starting your journey to freedom.
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.