Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
FORT token completes FP-8 proposal governance, total amount permanently locked 1 billion

FORT token completes FP-8 proposal governance, total amount permanently locked 1 billion

交易员小帅2025/02/24 07:00
Recently, Forta announced that its FP-8 governance proposal has been approved by community vote. The total supply of $FORT has been permanently locked at 1 billion through smart contracts, and the token minting function has been completely removed. This mechanism is enforced by on-chain governance and aims to ensure the long-term sustainability of the token economic model through tamper-proof transparent rules.
 
After this upgrade, FORT will serve as the core functional token of Forta Firewall, providing real-time attack interception services for Rollup solutions. Its technical framework allows for automatic triggering of on-chain defense mechanisms before hacker attacks occur, real-time scanning and organizing abnormal transactions through the node network.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Meta (META.US) data center's first high-yield bond is oversubscribed more than four times, strong demand drives premium issuance

The first junk bond issuance by the data center division of Meta Platforms attracted demand over four times the transaction size, with its enticing yields drawing in investors.

智通财经2026/09/19 04:11