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FEG Migration to SmartDeFi ™ Token is live!

Document last updated: March 21st, 2023
Tokens
How to Migrate
Comments
FEG ETH in non-custodial wallets (e.g., TrustWallet, MetaMask, Safepal and other)
​Migrator​
Live at migrate.FEGtoken.com
FEG ETH on centralized exchanges (e.g., Gateio, Hotbit, XT and other)
CEX handle migration
Actively Migrating
FEG BSC in non-custodial wallets (e.g., TrustWallet, MetaMask, Safepal and other)
​Migrator​
Live at migrate.FEGtoken.com
FEG BSC on centralized exchanges (e.g., Gateio, Hotbit, XT and other)
CEX handle migration
Keep an eye on the announcements from the respective exchanges
FEGeth & FEGbsc in staking V1.
Manually by Team
The airdrops have already been sent out, check your wallet
FEGeth & FEGbsc in staking V2.
​Migrator​
Live at migrate.FEGtoken.com
FEG ETH in FEG ETH-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.
FEG BSC 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.
FEG ETH 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.
FEG BSC 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 other)
Migrator with Vesting
ROX BSC in non-custodial wallets (e.g., TrustWallet, MetaMask, Safepal and other)
Migrator with Vesting
​Release schedule​
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How to Migrate!

Upon migration, you can convert your current FEG token position to the new FEG SmartDeFi ™ token via a Migrator tool.
The Migrator will be available at https://migrate.fegtoken.com/.
Instructions on how to use Migrator on a desktop: Metamask (Desktop) SafePal (Mobile) Trust Wallet(Mobile)​

CEXs supporting FEG Migration

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.

Frequently Asked Questions

What if I already migrated or purchased new FEG during the period of Feb 22-23?
You will receive an airdrop of new tokens after migrator contract is audited by Peckshield. Date and time for migration and airdrops - TBA.
If you have tokens with this contract address:
0x471E74403086de1F6C2b312690d411942EF497dC
  • If you migrated and received correct amounts - You will be airdropped the same amount of the new token.
  • If you migrated and received 10x the amount you were supposed to get - You will be airdropped the correct amount.
  • If you sent tokens back to FEG Deployer wallet - you will get an airdrop.
  • If you sold tokens - you will not receive an airdrop.
  • If you purchased new tokens and still have them in your wallet - you will receive an airdrop.
If you have tokens with this contract address:
0xBA993532E7b66029077b794383eB0Cb75CcDD72D
  • If you migrated - you will be airdropped your tokens
  • If you bought tokens before migrator exploit attack on Feb 23 - You will be airdropped your tokens.
  • If you bought tokens after the migrator exploit attack on Feb 23 - You will be returned the BNB amount paid for that transaction but not tokens (details TBA).
Will I lose anything because of the migration?
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

Ratio of FEG v1 to v2 tokens

How many tokens will you have after migration? Quick math, remove 6 zeroes from the current supply: 1Q = 1B 100T = 100M 10T = 10M 1T = 1M 100B = 100k 10B = 10K 1B = 1k 100M = 100
What will be new supply?
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 will migrate with roughly 50% of the supply already burnt = Roughly 50B circulating supply on each chain
What happens to the current burned tokens
When we migrate to the new token, we will maintain the current ratio of circulating supply to burned supply.
The difference is we will need 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 approx. 50% or so will be 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.
​
What will be new tokenomics?
At the launch, tokenomics will be as follows:
There will be no transfer tax.
Should I unstake my tokens before migration?
V1 Stakers received the airdrop.
V2 Stakers can migrate at migrate.fegtoken.com.
What happens to my ROX after migration ?
Please see the FAQ - ROX Allocation section for details of the ROX token vesting period. The vesting contract will be integrated into the Migrator User Interface before the first release of tokens in May 2023.
What if I miss the migration?
You will be able to migrate any time after the start of migration.
Should I move my tokens to an exchange to be safer?
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.