ForTube is excited to announce our partnership with autofarm.network to expand the development opportunities in the DeFi industry.

Autofarm is a leading cross-chain yield aggregator platform. Currently, vault services are already live on both BSC and HECO chains. By charging the lowest fees in the DeFi space and implementing the most optimal strategies, Autofarm is able to maximize users’ yields through aggregating the best yield farms across DApps in each chain.

According to DappRadar data, the current TVL of Autofarm has reached $1.662 billion, and the volume in the past 7 days has exceeded $130 billion. …

On February 10th (UTC), a well-known blockchain security researcher @Samczsun notified the ForTube team through Tina @tzhen and assisted in fixing a security vulnerability in the smart contract of the ForTube lending platform, eliminating the security risks of the platform. After inspection, no users suffered asset losses due to the vulnerability. Thanks to @Samczsun and @tzhen for their prompt communication and active assistance in this incident.

Event Process:

On February 9th 23:57 (UTC), Sam notified the ForTube team via Tina to internally disclose the logical vulnerability in the ForTube contracts.

The ForTube technical team responded quickly to determine the effectiveness of the…

The daily reward of ForTube BSC version has been adjusted from 200,000 FOR to 100,000 FOR.

ForTube users can earn 0.3 USDT equivalent in FOR as an interest subsidy for every 1000 USDT in daily borrowed assets.

The reward coefficient of ForTube BSC version are as follows:

Recently ForTube held an AMA with the Binance Chinese community. This is a translation of that AMA.

About Jeffery

Jeffrey is the co-CEO of ForTube. Previously, he worked in China UnionPay as a senior manager, focusing on the R&D of inter-bank transfer clearing system and investment. After that, Jeffrey was focusing on investment consulting blockchain and the digital economy. Jeffrey has great experience in investment and operation in the Blockchain and fintech industry.

About ForTube

A leading DeFi lending platform based on The Force Protocol, ForTube is committed to providing decentralized lending services for crypto asset enthusiasts around the world. ForTube supports a majority…

ForTube is a “lending protocol” based on a liquidity pool, which enables anyone to provide digital assets to earn interest or borrow with collateral. Since the launch of ForTube 2.0, it has attracted the participation of many digital asset enthusiasts all over the world. In just one week, the market size has exceeded $100 million. In response to the issues proposed by the community, this article will analyze ForTube 2.0 in detail.

Understanding ForTube

Deposit: Through the “Deposit” function on the ForTube Bank, users transfer digital assets supported by the platform to a “Smart Contract” to host the assets in order to…

2020 in Review

In 2020, the Crypto market cap broke $1 trillion, ushering in its highest peak in history. What’s exciting is that the DeFi market also ushered in explosive growth. Total Value Locked (TVL) on the chain has increased by 40 times per year, and the number of users (addresses) has increased by 12 times. The combination of the protocol has an ecological effect.

As one of the first projects to develop DeFi applications in Asia, ForTube launched on-chain lending protocol ForTube Bond and ForTube Bank respectively. ForTube is also the first batch of DeFi projects in China that use liquidity mining…

The first 50 users who deposit or lend oBTC on ForTube can earn an additional BOR airdrop!

Activity Time:

Jan. 13 14:00 (UTC+8) — Jan. 20 14:00 (UTC+8)

Activity Rules:

During the activity, users who deposit or lend any amount of oBTC on ForTube and subscribe on https://for.tube/home are eligible for the activity.

Activity Rewards:

The first 50 qualified users can receive a 0.02 BOR airdrop rewards per person, first come first served.

Tips:

1. Each user address can only receive rewards once.
2. Activity rewards will be distributed within 3 working days after the activity.
3. This activity’s final interpretation belongs to the ForTube official. If there is cheating…

On December 21st in the ForTube Telegram group, ForTube hosted a special AMA with the CEO of ForTube, Jeffey.

During the AMA, Jeffrey outlined some exciting plans for ForTube in 2021, including new features, token utilities and the ForTube Ambassador program.

Host: Hello Everyone, we will soon be commencing the AMA. We think it’s a great way to hear from our CEO regarding the plans of ForTube in 2021 and how 2020 was like for the Project. As usual, there will be 2 segments. First Segment, I will ask the CEO some questions. Second segment, Community will ask the CEO…