The Christmas Emoji Contest is kicking off now. Let's see how you do your magic. Visit #CommunityEvents for all the details.
13 Dec 2023, 10:34
The Christmas Emoji Contest is kicking off now! โจ
Let's see how you do your magic!
Visit ๐https://t.co/DYMlcde5gm #CommunityEvents for all the details. #LFGOG
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113 Dec 2023, 10:49
FEG Community Update ๐
We're thrilled to share some major advancements in securing our ecosystem's assets & progressing with the Liquidity Loan Repayment: ๐ก๐ฐ
1. Liquidity Transfer to Multi-Sig Wallets
(click for more detail):
We have transferred the token portion of FEGbsc supply into designated multi-signature (multi-sig) wallets, and we will soon transfer the LP tokens as well.
Our plan is to apply the same steps to both FEGeth tokens and liquidity tokens, ensuring a consistent and secure approach in managing our assets.
This strategic action is aimed at strengthening our defenses against unauthorized access and misappropriation.
We will provide details on the transfer process for FEGeth tokens and liquidity tokens in due course.๐
2. New Liquidity Loan Repayment Contract: (click for more detail)
We are in the final stages of finalizing and testing a new contract that will manage 50% of FEG's liquidity, covering both FEGeth and FEGbsc tokens.
This innovative contract will enable our liquidity provider (LP) lender to claim up to 10% of this allocated liquidity bi-weekly. The FEG side of the LP claimed will be reintroduced later via LP bonds which will help insure that the depth of LP will remain the same. The LP bond system will undergo audit before release and more information on that will come out when the audit is complete.
It's a critical component of our strategy, currently being rigorously tested to ensure its efficacy and security before implementation. ๐งช๐
These initiatives are a testament to our commitment to secure, transparent, and efficient management of FEG's assets, ensuring the stability and growth of our ecosystem. ๐ฑ
Thank you for your continued support and trust in our journey. ๐
๐ช๐ฝ๐ฆโค๏ธ
FEG Community Update.
FEG Community Update ๐
We're thrilled to share some major advancements in securing our ecosystem's assets & progressing with the Liquidity Loan Repayment: ๐ก๐ฐ
1. Liquidity Transfer to Multi-Sig Wallets
(click for more detail):
We have transferred the token portion of FEGbsc supply into designated multi-signature (multi-sig) wallets, and we will soon transfer the LP tokens as well.
Our plan is to apply the same steps to both FEGeth tokens and liquidity tokens, ensuring a consistent and secure approach in managing our assets.
This strategic action is aimed at strengthening our defenses against unauthorized access and misappropriation.
We will provide details on the transfer process for FEGeth tokens and liquidity tokens in due course.๐
2. New Liquidity Loan Repayment Contract: (click for more detail)
We are in the final stages of finalizing and testing a new contract that will manage 50% of FEG's liquidity, covering both FEGeth and FEGbsc tokens.
This innovative contract will enable our liquidity provider (LP) lender to claim up to 10% of this allocated liquidity bi-weekly. The FEG side of the LP claimed will be reintroduced later via LP bonds which will help insure that the depth of LP will remain the same. The LP bond system will undergo audit before release and more information on that will come out when the audit is complete.
It's a critical component of our strategy, currently being rigorously tested to ensure its efficacy and security before implementation. ๐งช๐
These initiatives are a testament to our commitment to secure, transparent, and efficient management of FEG's assets, ensuring the stability and growth of our ecosystem. ๐ฑ
Thank you for your continued support and trust in our journey. ๐
๐ช๐ฝ๐ฆโค๏ธ