Utility and Use Cases

The Fortuna token has multiple use cases within the Sport Magic ecosystem, driving user engagement and platform growth.

1. Staking

Users can stake Fortuna to earn rewards, providing a mechanism for passive income. Staking helps reduce the circulating supply of FRT and encourages long-term holding.

2. Farming

Liquidity providers can participate in liquidity farming using supported cryptocurrencies (e.g., ETH, USDC, USDT, MATIC). Farming rewards are distributed in Fortuna, enhancing liquidity and facilitating smooth platform operations.

3. Betting Incentives

Fortuna incentivizes betting and gaming activities by rewarding participants with additional FRT. This not only boosts user engagement but also promotes active use of the platform.

4. Buy-Back Mechanism

A portion of the platform’s revenue is allocated to buying back and burning Fortuna tokens. This mechanism is designed to reduce the total supply over time, potentially increasing the value of the remaining tokens.

5. Community Development

Fortuna supports a community-driven development model, where users can propose and vote on new games. Developers are compensated for their contributions, fostering a dynamic and evolving platform.