FEG Update — 19th July 2022
The latest update from RTRcrypto and the FEG project team:
✅PLEASE REVIEW the FEG Gitbook for information about migration & plans to move forward:
✅We will be Migrating & Merging FEG & ROX into a new Hybrid token.
🚨Migration has NOT begun, we are still a couple of months away!
🚨DO NOT fall for fake token Migrations apps, TG groups, websites, etc.
🚨When migration is ready, ONLY use the official link given in the announcements or on FEGtoken.com
🚨PRIOR TO THE MIGRATION and an announcement made to the community with a date, time, and countdown.
🚨The Migrator will recognize V1 and V2 staked tokens (no need to unstake to migrate), FEG SmartSwap holdings, and of course FEGtokens held within your wallet!
🚨The Migration Tool will account for the 2% tax of FEG so you WILL NOT LOSE 2% and a 1:1% ownership distribution will be given. There will be a small blockchain fee to transfer tokens in/out of the migrator for FEGtoken holders, ROX token holders will be airdropped due to them being SD.
✅Regular trading of FEGtoken on Uniswap, Pancakeswap, Gate.io, & a number of other CEX’s is still live and will be until the time of Migration, when the liquidity will be moved to back the new Hybrid token.
✅️Note that if you have provided liquidity on Uni or PCS for FEGtoken, that liquidity will still be traded against unless you remove it.
✅FEGtoken.com is undergoing maintenance as we are updating the official site to reflect the coming changes to the ecosystem.
✅@FEGrox is working on a swap tool for the tracking tokens from staking rewards, more information will be released on this once completed (built and testing currently).
✅The SmartDeFi 2.0 Contract and Deployer are under development and about 80% complete!
✅️@FEGrox has made a great deal of progress with the new security aspect of the contract. After development there will then be an estimated 4–6 week time frame for a 3rd party audit to be completed (audit company yet to be decided).
✅️The UI for FTW has been built and the contract is being tested and tweaked by the DEV team!
✅️We have developed a per transaction tax for FTW, this means FTW will not be limited to a subscription model.
✅️Our custom built Aggregator is functional, undergoing testing and still needs some development!
❇️Previous & Still Relevant Updates❇️
✅The Roadmap has been released!
✅The new and improved version of FEGtrack is now available to the public!
✅The Team is currently running through professional creativity exercises for the name and logo design prior to bringing it to the community.
✅You may use beta.FEGex.com to see the prices & charts of FEG which are currently being pulled from Uniswap (ETH) & PancakeSwap (BSC).
✅Moving forward there will be a reduction in total supply (not finalized yet but between 1B, 10B, & 100B), users will be given the same % of ownership that they currently hold.
✳️SD Tokens will be tradeable on any CEX or DEX!
✳️Along with NEW security against flash loans you’ll find the following functions:
✅️SD tokens will be able to pair against ANY TOKEN!
✅️RFI or Non-RFI token
✅️Growth fund taxes (Marketing/DEV)
✅️Asset-backing (In the token you are paired against)
✅️@FEGrox has several more EXCITING ideas for functions in the code, giving options to emerging projects in the space!
✳️More will be shared as they are coded!
✳️Once the contract is complete, it’ll go through extensive testing and 3rd party Audit!
✅️We appreciate your love and support!