⚖️ FortAI
FortAI
FortAI Vault Decentralized Autonomous Organization, FortAI is a community platform that empowers FortAI Vault token stakers to participate in the governance of FortAI Vault ecosystem.
FortAI holders can stake their tokens to vote on important proposals. In hierarchy, users can create proposal (SDP) for FortAI Vault development. In return, they receive rewards in FortAI from part of activities on FortAI ecosystem. At this stage, 3% out of 5% claiming fee from Staking Program. These percent can change with proposal which created from stakeholders on DAO. In the future, as more users join and more protocol added, more rewards will be generated.
The voting process is fully transparent. Since voting is an on-chain operation, it will have a transaction hash and other details that will be available for anyone to review on BSCscan. Results are achieved through a democratic process - proposal options with the highest voting points win.
Stake FortAI tokens to vote on governance proposals and earn FortAI rewards from trading fees.
Resource of FortAI Reward
RealYield via Trading Fees & Claiming Fees
The claiming from FortAI Staking program is 5% and a part of it is used for FortAI rewards.
Details of this fee allocation is indicated below:
Transaction fees of Sakai Chain,Perpetual Trading ( Coming )
40% from transaction fees transferred to DAO
Note: 2/3 from transaction fees will transferred to DAO
STAKING ON FortAI
Fort AIVault and its products are governed by the community through FortAI, a Decentralized Autonomous Organization. Starting from 5000 FortAI to join FortAI, stakers can vote on governance proposals that shape Sakai Vault‘s future and earn Fort AIrewards from trading fees.
The minimum amount of FortAI required to stake in FortAI is 5000 tokens
The reward is distributed every 1 day
The investment is locked in 1 year.
After 1 year of locking token, the interest will be counted based of the remaining locking token
There is a penalty for emergency unlock. A penalty 25% of total staking amount will be applied if users unlock during the first 3months and the penalty will decrease 2.7% for each month to the end of the locking period. This is applied to ensure the commitment in FortAI protocol and provides FortAI members the opportunity to be part of cutting-edge technologies and long-term project.
When FortAI Vault imposes a fine to DAO users who withdraw early, there's a good chance to protect our long-term investors and provide the public with transparency in the DeFi space. The penalties collected will be used to share among current valid SakaiDAO users based on their staking ratio. This fairness prioritizes long-term investors and thereby ensure long-term project development.
Governance
DAO members have a say in FortAI Vault's decision-making process
Participating in the FortAI allows you, a FortAI Vault community member, to help contribute towards the success of the project.
In return, you are able to earn FortAI rewards for your efforts, with rewards coming from a portion of network fees collected through trading activities on FortAI ,Perpetual,Staking... As more trades are executed and new protocols added, more rewards are generated.
Mayor in FortAI
Users staked 25,000 FortAI and above into FortAI will be come FortAI Mayor.
They fully get benefit from the DAO system such as: sharing the claiming fee and voting.
Moreover, they are able to give out proposal in term of business development. Their proposal may be public and let other DAO members to vote to lead to a decision making.
FortAI Mayor’s proposals are considered to be voted and commenced. The potential proposals can be the allocation of project finance, new protocol to be developed, rewards to be distributed to the community, project fund expenses, etc..
Last updated