πŸ”’ || esFORT token

esFORT represents a non-transferable escrowed token, corresponding to staked $FORT. It will be always possible to redeem FORT by staking esFORT up to a 1:1 ratio.

Our escrowed token β€” esFORT, plays a significant role in creating a sustainable tokenomics strategy.

Farming rewards will be distributed in esFORT/FORT in an 80%/20% ratio. In other words, most of our emissions will require a vesting period to become liquid, ensuring that LPs are aligned with the long-term objectives of the protocol thus containing any short-term selling pressure.

Illiquid doesn’t mean unprofitable: esFORT allows its holders to earn dividends directly from the protocol's earnings.

Redeem FORT

Users have the chance to redeem FORT by staking esFORT.

You must consider the following ratio and output rates when redeeming your esFORT tokens:

  • Minimum duration - 15 days (50% FORT as output - ratio 0.5:1)

  • Maximum duration - 3 months (100% FORT as output - ratio 1:1)

esFORT Utility

Dividends

Dividends account for 25% of total protocol earnings. They will be distributed to users which allocate esFORT in the dividend feature.

For more detailed information about it, go to Dividends

Launchpad Allocation

esFORT holders stand to benefit in another way on our Launchpad, where you will have the opportunity to increase your allocation by staking your esFORT tokens. This staking mechanism will allow you to increase your chances of obtaining an allocation in the initial projects launched. We will announce the lock period for staking your tokens to earn a larger Allocation when we release details on the first projects that will be hosted on our Launchpad.

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