The Telos FORCE /FUSD Lending project was unanimously approved (by community vote) on the Telos Worker Proposal System (WPS)
Features
Collateralized Lending Platform
200% Collateralization Ratio: FUSD lent at a rate of 50% of locked TLOS (wTLOS) collateral
Future Plans to support gold-pegged collateral assets PAXG (PAXOS) and XAUT (Tether Gold)
Incentivized Dollar Cost Average PurchasingÂ
>30% of the total FORCE coin supply distributed in the form of rewards for long term purchasing commitments
Built on the Telos EVM
Telos Ethereum Virtual Machine (EVM)
Fixed low gas fees (5-10 cents)
Lightning Fast transactions
No front-running