Overcollateralized stablecoin based on battle-tested makerDao mechanics
Fortify is an over-collateralized stablecoin protocol that allows anyone to generate stablecoins against the value of their decentralized token collateral (TON). Minting occurs through loans denominated in JT stablecoins (pegged to US dollar). All loans have an interest rate repayable upon redemption.
Fortify is a community-governed protocol. Changes are made through proposals and voted on by holders of the governance token.
What are some use cases for Fortify
Hackathon scope: