Fortress is a decentralized reserve currency running on the Avalanche network. Its technology is forked from Olympus DAO. Fortress uses the well-known bond-and-stake (mint) approach to attract capital and expand the token supply. Additionally, it deploys treasury funds into multiple strategies, aiming to provide stronger backing for FORT.

Staking is Fortress’s main mechanism for value accumulation. Users stake their FORT on the Fortress website to receive rebase rewards. Those rebase rewards are sourced from the proceeds of bond sales, and may change depending on how much FORT is staked in the protocol and the reward rate chosen through monetary policy. 

Minting serves as the secondary value accumulation method. When people mint FORT, they are effectively selling their assets to purchase a bond from the protocol. Minting combines elements of a fixed income product, a futures contract, and an option. The protocol sets terms for a trade to occur on a future date, including the amount of FORT the minter will mint and the vesting completion time. As the bond vests, it becomes redeemable. For example, in a 5-day term, after 2 days, 40% of the rewards can be claimed.