FOR is the native utility token of ForTube and The Force Protocol and is involved in the following:
Platform governance voting;
Rewards for participating in lending services and governance staking.
There are currently two products provided by ForTube:
ForTube Bank: A lending protocol with fixed and dynamic interest rates driven by algorithms.
ForTube Bond: A bond financing protocol with fixed terms and interest rates.
ForTube has raised around 7.80MM USD from private and public token sales, where 28.80% of the FOR total supply has been sold at 0.02 USD/FOR, 0.03 USD/FOR, and 0.05 USD/FOR. 20% of ForTube’s service fees in FOR will be burnt monthly.