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FEG Migration to SmartDeFi™ is live!
Document last updated: April 1st, 2023
Tokens | How to Migrate | Comments |
|---|---|---|
FEG ETH in non-custodial wallets (e.g., TrustWallet, MetaMask, Safepal, and others) | Live at migrate.FEGtoken.com | |
FEG ETH on centralized exchanges (e.g., Gateio, Hotbit, XT, and others) | CEX handle migration | Actively Migrating |
FEG BSC in non-custodial wallets (e.g., TrustWallet, MetaMask, Safepal, and others) | Live at migrate.FEGtoken.com | |
FEG BSC on centralized exchanges (e.g., Gateio, Hotbit, XT, and others) | CEX handle migration | Actively Migrating |
FEGeth & FEGbsc in staking-V1 | Done by Team | The airdrops have already been sent out, check your wallet |
FEGeth & FEGbsc in staking-V2 | Live at migrate.FEGtoken.com | |
FEGeth in FEG-fETH in Smartswap pool on FEGex | Manually by Team | @FEGsupport on TG: Please provide the Transaction hash to a FEG team member for review and reimbursement. |
FEGbsc in FEG-fBNB Smartswap pool on FEGex | Manually by Team | @FEGsupport on TG: Please provide the Transaction hash to a FEG team member for review and reimbursement. |
FEGeth in FEG-fETH LP Providers on FEGex | Manually by Team | @FEGsupport on TG: Please provide the Transaction hash to a FEG team member for review and reimbursement. |
FEGbsc in FEG-fBNB LP Providers on FEGex | Manually by Team | @FEGsupport on TG: Please provide the Transaction hash to a FEG team member for review and reimbursement. |
ROX ETH in non-custodial wallets (e.g., TrustWallet, MetaMask, Safepal, and others) | Migrator with Vesting | |
ROX BSC in non-custodial wallets (e.g., TrustWallet, MetaMask, Safepal, and others) | Migrator with Vesting |
Upon migration, you can convert your current FEG tokens to the new FEG SmartDeFi ™ tokens via a Migrator tool.
If you are holding your FEG tokens on a Centralized Exchange, please watch their announcements as some have migrated (e.g., Gate.io) and others are in the process.
Centralized Exchanges currently migrating:
Gate.io, Hotbit, BKEX, XT, MEXC (although FEG is not listed for trade as of now) & LATOKEN
All other CEXs holding FEG have been notified and informed that they might use the migration tool if they prefer this method.
You have received an airdrop of new tokens. Add this address to your wallet:
0xbededDf2eF49E87037c4fb2cA34d1FF3D3992A11If you have tokens with this contract address:
0x471E74403086de1F6C2b312690d411942EF497dC- If you migrated and received correct amounts - You have been airdropped the same amount of the new token.
- If you migrated and received 10x the amount you were supposed to get - You got airdropped the correct amount.
- If you sent tokens back to FEG Deployer wallet - you got an airdrop.
- If you sold tokens - you don't receive an airdrop.
- If you purchased new tokens and still have them in your wallet - you have received an airdrop.
If you have tokens with this contract address:
0xBA993532E7b66029077b794383eB0Cb75CcDD72D- If you migrated - you have been airdropped your new tokens
- If you bought tokens before migrator exploit attack on Feb 23 - You have been airdropped your tokens
- If you bought tokens after the migrator exploit attack on Feb 23 - You have been returned the BNB amount paid for that transaction.
We will reduce the total amount of tokens to make FEG more attractive for investors and CEX's. With a decrease of the total number of tokens, you will receive less tokens from the migration tool but they will still be the same percentage of ownership
How many tokens will you have after migration?
Quick math, remove 6 zeroes from your current supply:
1Q = 1B
100T = 100M
10T = 10M
1T = 1M
100B = 100k
10B = 10K
1B = 1k
100M = 100
100B tokens FEGeth (total supply, not circulating)
100B tokens FEGbsc (total supply, not circulating)
FEG will carry over the burnt supply, minus the amount it takes to integrate ROX token.
This means FEG has migrated with roughly 50% of the supply already burnt = Roughly 50B circulating supply on each chain
When we migrated to the new token, we maintained the current ratio of circulating supply to burned supply.
The difference is we needed to keep roughly 10% of the burnt supply to integrate ROX Token holders into the new FEG token over the 30 months vesting period with a quarterly release.
So approximately 50% or so has been burned at the new token launch on each chain.
The FEG Team might keep a small percentage for CEX listings; details will be communicated when finalized.
At the launch, tokenomics are as follows:
There is no transfer tax.
The safest place for your tokens is in a wallet to which you hold the keys and have made sure those keys are safe.
DO NOT connect your wallet to sites that you are unfamiliar with.
DO NOT give out your seed phrases to anyone, and do not take them out nor show them in your wallet settings if you are in a public place.
Last modified 13d ago