ForTube is Carrying out the First FOR Buyback-and-burn
Since the official launch of the decentralized lending platform ForTube2.0 on September 7th, 2020, the market deposit scale has exceeded $130M, and the total borrowing has exceeded $40M. In order to better support the future value of the platform’s governance token FOR, ForTube will use 20% of the received service fee in the monthly Burned FORever buyback plan. The first FOR Burn is expected to be carried out at the end of this month. The specific amount and address will be announced after the completion of the Buyback-and-burn.
ForTube is a leading global DeFi lending platform launched by The Force Protocol. It is committed to providing decentralized lending services for cryptocurrency enthusiasts around the world, supporting most of the world’s popular assets. ForTube is based on smart contracts and automated algorithm technology. Users can deposit tokens to earn interest, pledge collateral to borrow tokens and pay interests. ForTube’s interest rate is determined by market supply and demand. Assets are controlled by users. ForTube allows users to deposit and withdraw anytime, borrow and repay anytime, globally.
ForTube official website: https://for.tube/
Governance Forum: https://forum.for.tube/
Supported wallets: imToken，MYKEY，Bitpie，DappBirds，TokenPocket，BitKeep，Math Wallet，HyperPay，AToken，MEET.ONE，Coinbase wallet，Trust wallet.
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