Fortress is a decentralized reserve currency on the Avalanche network, with technology forked from Olympus DAO. Fortress will utilize the familiar bond-and-stake (mint) methodology, in order to raise capital and grow token supply. On top of this, Fortress invests funds from the treasury into various strategies, providing a higher backing for FORT.Staking is the primary value accrual strategy of Fortress. Stakers stake their FORT on the Fortress website to earn rebase rewards. The rebase rewards come from the proceed from bond sales, and can vary based on the number of FORT staked in the protocol and the reward rate set by monetary policy.&nbsp;Minting is the secondary value accrual strategy of Fortress. When users mint FORT tokens, they are actually selling their assets in order to buy a bond from the protocol. Minting actions are a cross between a fixed income product, a futures contract, and an option. The protocol quotes the minter with terms for a trade at a future date. These terms include a predefined amount of FORT the minter will mint and the time when vesting is complete. The bond becomes redeemable as it vests. I.e. in a 5-day term, after 2 days into the term, 40% of the rewards can be claimed.

Fortress

Fortress is a community-owned financial vehicle on Avalanche
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