Fortunas Finance Liquidity Launch

August 13 update – they decided to provide liquidity today, instead of Sept. 14.

August 5 update – the presale was moved to September 12 now, thus delaying the liquidity launch.

August 25 – the presale was canceled and is rescheduled for September 6, thus delaying the liquidity launch.

New token launch on BSC for a gamified staking platform.

Founder, Luke Tull, and other team members are doxxed.

DETAILS

Launch Details
- Token launch on Pancakeswap – $FRTNA / BUSD pair
- Listing price: $0.00689
- Presale price: $0.00689
- Private sale price: $0.0055
- Initial market cap (estimate): $345,000
- ❌ No information on how much liquidity will be added
- No vesting — 100% of presale and private sale tokens unlocked at token launch
- Taxes: 10% buy / 10% sell

Tokenomics
- $FRTNA is the utility token
- Elastic supply with deflationary burning mechanism
- Initial supply: 50,000,000 $FRTNA
  - 32.25% — Token sales
  - 40% — Staking rewards
  - 7.75% — Marketing
  - 15% — Liquidity pool (will be locked for 3 months)
- 10% Buy tax
  - 2.5% — Liquidity
  - 7.5% — Treasury
- 10% Sell tax
  - 2.5% — Treasury
  - 5% — Liquidity
  - 2.5% — Burn

Mechanics & Features
- Gamified staking mechanism
- Stake $FRTNA (“soldiers”) in any of the 5 staking options to earn $FRTNA
- 150% minimum APY (just by holding $FRTNA); APY increases based on the staking option chosen
- 2 staking types – Guaranteed APYs and Variable APYs
  - 150% APY (Guaranteed) — Let your soldiers rest in the castle (i.e. hold $FRTNA)
  - 520% APY (Guaranteed) — commit your soldiers (locked for 30 days) to the emperor’s quarters
  - 25,031% APY (Variable) — commit your soldiers to battle against Spartacus (easy to win your rewards)
  - 32,687% APY (Variable) — commit your troops to battle against Attila the Hun (somewhat easy to win your rewards)
  - 93,965% APY (Variable) — commit your troops to battle against King Alaric (hard to win your rewards)
  - 137,045% APY (Variable) — commit your troops to a very battle against Hannibal (much harder to win your rewards)
- Soldiers need to be in battle for a period of time in order to achieve the marketed APY; the higher the APY, the longer it takes to achieve the maximum APY
- Purchase Rations to extend time in battle and chance to receive maximum APY; returns increase by 0.25% for each day you stay in battle; max 5 days worth of Rations at a time
- Purchase NFT upgrades (Cavalry and Heroes) to boost APY returns
- 50% chance of losing your Cavalry or Hero NFT if staked $FRTNA is withdrawn (“retreat from a battle”); decreases by 5% daily, starting from the 3rd day of staking
- Anti-dumping mechanism — treasury will only consist of BUSD from the buy fees, and $FRTNA tokens from the sell fees
- Auto-burn mechanism — $FRTNA tokens used to purchase Rations will be burnt