Royalty Sharing Program

The Moats by FortiFi 2.0 is a Reward Distribution and Governance Management Protocol, enabling seamless Staking, Locking, and Burning of $BENSI for users to engage with our Royalty Sharing Program depending on their level of comfort.

The Moats is tool that we are using to help coordinate the distribution of our Royalty Sharing Program. 100% of all royalties accrued by our tokenized and fractionalized collections is distributed through The Bensi Moat.

https://moats.fortifi.network/

Stake $BENSI

Stake tokens, earn platform fees.

Staking tokens has no lock-up time. This means tokens can be unstaked at anytime without any penalties. Staking earns depositors a 1x multiplier in the points system. Unstaking has a fee associated with it and it is set at 0.5%

Lock $BENSI

Lock tokens, earn more platform fees.

Locking tokens requires users to lock their tokens up to 730 days. The longer a user locks, the larger a multiplier they will earn. Locking earns a flat boosted multiplier for the duration of the lockup period. Locking earns depositors between a 2x and 5x multiplier in the points system.

Emergency End Lockup (EEL)

Locked tokens can be withdrawn immediately if required using the Emergency End Lockup (EEL) function. Using an EEL to exit a lockup incurs a fee on the locked tokens.

• The higher percentage of a lockup served, the lower the penalty for using an EEL.

• The lower percentage of a lockup served, the higher the penalty for using an EEL.

Burn $BENSI

Burn tokens, earn the most platform fees

Burning tokens requires users to send their tokens to the Dead Address through The Moat. This action is irreversible and users should only Burn tokens if they are fully aware of the consequences and understand they cannot unburn tokens nor retrieve them from the Dead Address.

Burning tokens earns depositors a 10x multiplier in the points system.

• Burning tokens is not reversible.

Multipliers

Multipliers are awarded based on what actions a user takes in the Moat. Locking, Burning, and Staking each have their own Multiplier rates. Multipliers enable users to lock and burn their tokens in exchange for larger multipliers. Larger multipliers direct correlate with a larger percentage of overall reward emissions from a given Moat. Rewards are distributed based on a users total points, divided by the total points in the Moat.

• Multipliers for Staking and and Burning remain constant.

• The Multiplier remains constant for Locked tokens as the lock period winds down.

• Using an EEL removes all of a Locked Multiplier from a users address.

• Multipliers are used to distribute rewards for Moats and to calculate the FortiFi Airdrop.

Multiplier Breakdown

• Staking = 1x Multiplier, remains until unstaked.

  • Stake 1 token, earn 1 point while staked

• Locking = 2-5x Multiplier, depending on Lockup Duration.

  • Multipliers for locked tokens are constant for the duration of the lockup, there is no depreciation of the multiplier. Earn a 2x for 1 Day of $BENSI locked up or 5x for 2 years of $BENSI locked up

• Burning = 10 Multiplier, permanent.

  • Burn 1 $BENSI in the Moat, earn 10 points permanently while maintaining eligibility for all future Bensi Box community snapshots.

Fees

Each Moat has their own fee structure. Fees on The Moats can include deposit fees, withdraw fees, or both. Additionally, The Moat also collects fees when users use an EEL to emergency exit the Locking module.

• The Bensi Moat takes a fee of 0.5% on each unstake and unlock transaction