Bytom × Fortube丨Fortube Added mBTM as Collateral

BytomDAO
BytomDAO
Published in
2 min readJul 6, 2021

Fortube has added mBTM as collateral assets. Both sides will further the cooperation in improving liquidity and expanding the community.

ForTube Polygon version will launch the fund pool function of mBTM. Users can deposit mBTM in ForTube to earn interest, or use mBTM as collateral assets to borrow other assets. Currently available assets for borrowing include QUICK, MATIC, USDT, USDC, DAI, WETH, WBTC and LINK.

The cooperation will promote the capital utilization rate and comprehensive rate of return of BTM holders, new application scenarios for cross-chain assets will be added, and optimize the interoperability between Bytom and Polygon blockchains. Both sides will continue to leverage their advantages to provide users with higher revenue, and more flexible value capture opportunities.

About Bytom

Bytom is a blockchain-based open-source value-exchange protocol. It aims to tokenize real-world assets, such as warrants, securities, dividends, and bonds. Users can use the Bytom blockchain to create assets without limits and have these assets circulate freely.

Bytom has built a comprehensive product ecosystem that covers:

1, Bytom Blockchain

2, DeFi protocol (MOV)

3, Cross-chain gateway (OFMF)

4, Enterprise Blockchain (Bystack)

5, And also leading an IEEE working standard group

Learn more by visitinghttps://bytom.io, following us on Twitter@Bytom_Official, NewsletterBytom‘s Newsletter, and joining our Telegram or Discord.

About ForTube

Fortube is a decentralized cryptocurrency bank powered by FOR token, with lending, wealth management, aggregate mining and pools.

In the ForTube system, the user’s assets are managed by the users and the open-source code, which is transparent and safe. Users can choose to deposit coins to earn income, or collateral assets to obtain funds. The relevant interest rate is determined by the algorithm, and supports instant deposit and withdrawal.

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