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Hello, I'll be posting updates around Fortress DAO here.
I am not affiliated with the staff team at Fortress DAO and will be bringing you all the details around the project and the community's current thoughts and opinions.
$FORT #AVAX #FortressDAO
New vote: replace FORT / fUSD liquidity with FORT / MIM liquidity cast your vote here
snapshot.org/#/fortressdao.e…
Just to clarify, the account is no longer ran by someone on the project. The old marketing manager is the only one with access. Seen a lot of confusion in the comments of this.
If you want a redemption option for your $FORT, ask for it.
Don't be shy about asking the team tough questions. That's what we're here for.
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Double news:
1. There is a new vote! This is to remove fort liquidity whilst below backing. The link can be found here (snapshot.org/#/fortressdao.e…)
2. The Dapp now shows the treasury's ownership of $fUSD liquidity pools
The 1st article on $fUSD has been released, with plans to release 2 more shortly. These 2 will be around the Reddit AMA and Yield strategies that $fUSD will use to beat out compition. You can find the 1st article here (deepfivalue.substack.com/p/a…)
The 8th community $FORT vote has started!
The vote to replace ex founder PeachPie with active community member / council member @xibumi on the multi sig contract.
Link for vote \/
snapshot.org/#/fortressdao.e…
The $FORT team is officially hiring more members to join them, including marketing experts and developers. They've opened up a resume channel in their discord for users to share examples of their work.
Goodluck to all those applying 🤝
Discord link \/
discord.gg/fortress
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The 7th $FORT community vote has ended. After a total of 287 votes (under 5% of holders) the rebase rate remains the same as before (0.5%), with 0.1% being a close 2nd.
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The $FORT community is currently split between keeping the rebase rate the same (0.5%) or reducing it to 0.1%. What are your thoughts and why?
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HOW TO BUY AND SELL $FORT AFTER $FUSD DEPLOYMENT
By @xibumi
Buy $FORT
- Buy FUSD from the MIM-FUSD Curve Pool - avax.curve.fi/factory/42
- Alternatively, mint FUSD - fortusd.finance/mint
- Use the new Trader Joe FUSD-FORT Pool to buy FORT - traderjoexyz.com/#/trade?inp…
Sell $FORT
- Use the new Trader Joe FUSD-FORT Pool to sell $FORT - traderjoexyz.com/#/trade?inp…
- Sell FUSD for MIM at the MIM-FUSD Curve Pool - avax.curve.fi/factory/42
- Alternatively, hold or stake FUSD
Founder peach pie will be stepping down from $FORT after prolonged absence. The team is looking to hire a new CEO for the project to take over from peach.
Peach however intends to still be involved with fUSD as a multisig owner, meaning they will need to sign off any changes.
I would like to get some feedback from people selling their $FORT right now? What has lead you to end up selling?
Recent news from devs shows that community proposals will be reviewed, most likely meaning a redemption would be voted on. Wouldn't patience be the better option?
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