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Home All Events Fortunas Finance Liquidity Launch

Date

Sep 13 2022
Expired!

TimePacific Time

9:00 am

Your Time

  • Timezone: America/New_York
  • Date: Sep 13 2022
  • Time: 12:00 pm

Status

Active

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

Whitepaper

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