Usecases
Mitigating Gas Price Volatility - Crypto investors have experienced extremely volatile gas prices. Average transaction fees on Ethereum hit an all-time high of $196.68 in May 2021, strongly discouraging small-scale traders from engaging in transactions, then falling to an all-time low of $14 per transaction in June 2023. With StakePad, user can mitigate this volatility by creating Fortuna Dust wrappers to conserve their tokens during periods of high gas fees. Inversely, when gas fees are low, users can again withdraw them from the wrapper and liquidate them at a more favourable price.
Multiple Staking - By allowing up to 256 tokens to be staked simultaneously, users can create very diversified pools in terms of return and risk profiles. Ensuring Fund Safety - Users are able to create Fortuna Dust pools from which a number of wallets are designated, via a multi-signature function, to approve the withdrawal of the tokens. This ensures maximum asset security across user portfolios.
Omni-Lending Pool - As each token comes with a series of rewards determined by its original protocol, staking up to 256 different tokens as collateral enables the user to collect on various rewards simultaneously. This creates a multi-token lending pool where individual stakes can be withdrawn and deposited at will.
UniSwapV3 Based Pools - Project owners launch their pools by using existing token pairs sourced from the UniSwapV3 or other pools, then attracting liquidity provides from the Fortuna platform.
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