Learn how to obtain Forta (FORT) coins in one article

By staking FORT coins on designated platforms, users can secure the network and earn additional tokens as rewards for their contributions to the Forta Network's security ecosystem.

Jan 03, 2025 at 09:02 pm

Key Points:

• What is Forta (FORT)?
• How to buy FORT coins on exchanges
• How to earn FORT coins through staking
• How to earn FORT coins through contributions to the Forta Network

Article Content:

What is Forta (FORT)?

Forta (FORT) is a decentralized security platform that leverages blockchain technology to enhance the security of smart contracts and protocols. It empowers developers and security researchers to create and deploy custom detection bots that monitor blockchain activity for suspicious patterns. FORT is the native token used within the Forta ecosystem, enabling various functions such as participation in the governance model, incentivizing contributions to the network, and rewarding users for identifying and reporting exploits.

How to Buy FORT Coins on Exchanges

• Binance: Binance is the largest cryptocurrency exchange by trading volume and supports fiat and cryptocurrency purchases of FORT.
• Huobi Global: Huobi is another popular exchange that allows users to buy FORT with fiat and cryptocurrencies.
• Coinbase Pro: Coinbase Pro is a professional trading platform from Coinbase that offers advanced features and supports the purchase of FORT with fiat and cryptocurrencies.
• Uniswap (DEX): Uniswap is a decentralized exchange that facilitates direct peer-to-peer trading of tokens. FORT can be purchased on Uniswap using cryptocurrencies such as ETH and USDT.

How to Earn FORT Coins Through Staking

Staking involves locking FORT coins in a designated smart contract for a certain period to secure and validate transactions on the Forta Network. In return, stakers receive rewards in the form of additional FORT tokens.

• Create a crypto wallet that supports FORT staking.
• Purchase FORT coins on an exchange or another acquisition channel.
• Select a staking platform or pool that offers FORT staking rewards.
• Transfer your FORT coins to the staking address provided by the platform.
• Monitor the ongoing staking process and withdraw rewards when desired.

How to Earn FORT Coins Through Contributions to the Forta Network

Security researchers and threat hunters can contribute to the Forta Network by developing and deploying detection bots. These bots monitor blockchain activity and are rewarded in FORT coins for identifying and reporting vulnerabilities, exploits, and anomalous behavior.

• Create a Forta bot. Develop a custom bot that monitors for specific patterns or threats on the blockchain.
• Deploy the bot to the Forta Network. Submit your bot to the Forta Bot Directory for review and approval.
• Earn rewards: Once approved, the bot will start monitoring the blockchain for suspicious activity. For each exploit or vulnerability it detects, the developer will be rewarded with FORT tokens.

FAQs:

Q: What are the use cases for FORT tokens?
A: FORT tokens are used for governance, incentivizing contributions, and rewarding users for identifying exploits.

Q: What is the maximum supply of FORT tokens?
A: The maximum supply of FORT tokens is 100,000,000.

Q: How can I find the latest Forta Network updates and information?
A: Visit the official Forta website, follow their social media channels, or join the Forta community forums for the most up-to-date news and announcements.