FEG Token

FAQ - ROX Allocation

Document last updated: March 5th, 2023

This tentative vesting period is 10% of holding releases every quarter (3 months) for 2.5 years. If the liquidity is generated more rapidly, we will decrease the time frame.

The first scheduled release of vested tokens is tentative based on liquidity recovery.

The Migrator User Interface will be integrated with the R0X vesting contract before the first allocation release.
A full schedule of vested tokens release (exact dates will be finalized when the vesting contract is launched):
Unlock date
Tokens amount

Q: What is the ratio between ROX tokens and FEG V2 tokens?

A: The ratio between ROX tokens and FEG V2 tokens depends on the network (i.e., BSC or ETH).

· BSC → 1 ROX = 3,812,101.67910245 FEG V2
· ETH → 1 ROX = 3,412,864.15305551 FEG V2
* Note: These ratios are based on the new total supply of 100 billion FEG V2 tokens.
You can use https://calc.fegtoken.com/ or click on the link below. You do not need to connect your wallet; enter your public wallet address.

Q: Will ROX token migration to FEG token be automatic or manual?

A: Manual Migration. ROX token holders will access the migration tool, allowing for a 10% claim every quarter (as explained above).

* Note: You will NOT incur the 1% transfer tax, but you must pay a gas fee for the migration. Gas fees are required when doing transactions on the blockchain and must be paid in native coins.

Q: How was the ratio between ROX and FEG V2 tokens calculated?

A: We determined the ratio using May 15, 2022's opening price for both FEG and ROX. We took that data and derived the value of ROX and FEG by dividing the number of native coins (ETH or BNB) paid by the number of tokens (FEG or ROX) received. We determined how much FEG one ROX yields by dividing the native coin value for one ROX by the native coin value of one FEG. Simply put, this value represents the amount of FEG you would have been able to buy for the same price of one ROX.

BSC Open Transactions

ROX: 0x1a0e998a173ef8b395513f85a44b5abd8db2c9f7a79daf19f477165015843504
FEG: 0x190b55b45916e4c79a98d061d2edd16c8cf67f119fa3544e0273e6f6b6ee1cd0

ETH Open Transactions

ROXMay 153c756fe5be2182b5e45f80286f8d4c7e2eea23eebe1e15ea53d66932aee026
FEG: 0x0f58396870514f4419ed542dfada345b299971a43f186f1bfc6ea8d29c838bd5
* Note: On May 15, ONLY one ROX ETH transaction – Was used as the open price.

Q: Why were pre-exploit values used instead of post-exploit values for FEG?

A: Using pre-exploit variables for both tokens was deemed the most logical, essentially allowing a ‘snapshot’ where both tokens experienced the same market conditions before either exploit occurred. Although ROX would have experienced the same market conditions as FEG post-exploit, we didn’t want to speculate on price and circulating supply. We preferred to use raw data from the blockchain rather than an arbitrary figure.

Q: Why weren’t ROX’s and FEG’s liquidity pools used to determine the ratio between ROX tokens and FEG V2 tokens?

A: We chose not to use this method for two primary reasons:

1. FEG didn’t have an asset-backing LP like ROX.

While ROX benefited from having two LPs, asset backing and market LP, FEG only had a market LP. Hence, using LPs in determining the ratio was unfair because FEG could not reap the same benefits afforded to ROX using asset-backing technology.

2. To avoid heavily diluting FEG investors.

The amount of total LP for ROX BSC was roughly 2.23x greater than FEG BSC. The entire LP for FEG ETH was roughly 1.42x greater than ROX ETH. Using these metrics, ROX BSC holders owned 69% of the new FEG V2 supply, and ROX ETH holders owned 41% of the new FEG V2 supply. Aside from the considerable ownership discrepancy across the chains, diluting FEG holders that much would be unfair and put the project at risk.
· BSC LPs → ROX = 5672 BNB; FEG = 2544 BNB
· ETH LPs → ROX = 425 ETH; FEG = 604 ETH

Q: How will I still own the same percentage of the supply after migration if more FEG V2 tokens are added to the circulating supply to accommodate ROX holders?

A: There are two supplies to consider. The total supply and the circulating supply.

1. Total Supply

A factor of 1 million will be used to reduce the Total Circulating Supply. The total supply and the user's holdings will be reduced 1:1, meaning the user's percentage of ownership will remain the same.

2. Circulating Supply

Since ROX tokens will have a vesting schedule, there is no immediate impact on the percentage you own of the circulating supply. Once tokens begin vesting, FEG holders will see a slight decrease in ownership of the circulating supply.

Q: What will the vesting schedule be for ROX holders, and why?

A: The FEG allocated for ROX holders will be vested for 30 months, with quarterly vesting periods. The first vesting period will occur three months after the day of migration. This vesting schedule protects our investors and the project’s current liquidity. It provides us enough time to generate funds to replace the stolen liquidity, ensuring we have a full LP before releasing new tokens into the circulating supply.

Q: What percentage of the circulating supply of FEG V2 will I own once FEG V2 tokens begin vesting for ROX holders?

A: This depends on several factors, such as the circulating supply of FEG at the time of migration, the circulating supply of FEG at the time of vesting periods, and your holdings at the time of each vesting period.

Let’s say we burned another quadrillion on each chain before migration. That equates to 59.7% of tokens burned on BSC and 60.57% on ETH. ROX holders would own 8.6157% and 7.9652% of the circulating supply for BSC and ETH, respectively. Hypothetically, if the circulating supply before the vesting period and your bag size remained the same, your percentage of the circulating supply would decrease by less than 1% each vesting period (every three months).

Vesting Period
% Decrease from Previous Vesting Period (BSC)
% Decrease from Previous Vesting Period (ETH)
− 0.93399%
− 0.85803%
− 0.92535%
− 0.85073%
− 0.91687%
− 0.84355%
− 0.90854%
− 0.83650%
− 0.90036%
− 0.82956%
− 0.89232%
− 0.82273%
− 0.88443%
− 0.81602%
− 0.87668%
− 0.80941%
− 0.86906%
− 0.80292%
− 0.86157%
− 0.79652%
* Note: This is a hypothetical worst-case scenario assuming we burn another quadrillion on each chain, you keep the same amount of FEG tokens, and the circulating supply of FEG remains constant. More than likely, these percentages will differ and be slightly lower.